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Stock impact report

Mitek Brings A2iA’s Artificial Intelligence (AI) To Mobile Deposit®

Mitek Systems, Inc. (MITK) 
Last mitek systems, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.miteksystems.com
Company Research Source: GlobeNewswire
SAN DIEGO and PARIS, May 23, 2018 (GLOBE NEWSWIRE) -- Mitek (NASDAQ:MITK) (www.miteksystems.com), a global leader in digital identity verification solutions, today announced Mobile Deposit® Version 4.7. The upgraded Mobile Deposit integrates newly acquired A2iA’s award winning artificial intelligence (AI) and machine learning-based software, CheckReader, into Mitek’s flagship product. This newest version of Mitek’s patented Mobile Deposit will feature A2iA’s handwritten and printed text recognition to help reduce deposit fraud that costs financial institutions millions of dollars every year. “As the original pioneers of Mobile Deposit, we continue to invest in state-of-the-art features for our partners and customers,” said Michael E. Diamond, SVP and General Manager, Payments, Mitek. “With the integration of A2iA’s CheckReader technology for handwriting recognition and data extraction, we continue to push the boundaries of what was originally thought possible for Mobile Deposit Show less Read more
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