Mitek Systems develops AI-powered solutions for digital identity verification and fraud prevention. Founded in 1986, the company operates globally, with a primary focus on serving financial institutions and banks. Its technology stack centers on computer vision, machine learning, image analytics, biometric recognition, and optical character recognition (OCR).
The company's product portfolio includes the MiVIP identity verification platform, MiPass for biometric authentication, and the Check Fraud Defender for detecting fraudulent activity. It also created the first mobile check deposit solution in 2008, a technology now trusted by 99% of U.S. banks. Mitek's technology is used by over 7,000 organizations worldwide.
The scale of Mitek's operations is substantial. The company has verified over 1.3 billion identities and analyzed 8.8 billion mobile checks, reflecting deep integration into the financial services infrastructure.