Last $3.60 USD
Change Today +0.17 / 4.96%
Volume 350.8K
MITK On Other Exchanges
As of 8:10 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

mitek systems inc (MITK) Snapshot

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52 Week High
01/23/14 - $7.06
52 Week Low
10/14/14 - $1.80
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Current Stock Chart for MITEK SYSTEMS INC (MITK)

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mitek systems inc (MITK) Details

Mitek Systems, Inc. develops, sells, and services software solutions related to mobile imaging in the Unites States. The company offers Mobile Deposit, a software that allows users to remotely deposit a check using their camera-equipped smartphones or tablets; Mobile Photo Account Opening, a product, which enables users to open a checking, savings, or credit card account by capturing an image of the front and back of their driver’s license; and Mobile Photo Payments, a mobile direct bill pay solution that enables users to pay bills by taking a photo of their bill followed by a photo of the check or credit/debit card being used to pay the bill. It also provides Mobile Photo Bill Pay, a mobile bill payment product, which allows users to pay their bills using their camera-equipped smartphone or tablet; and Mobile Balance Transfer that allows credit card issuers to transfer an existing credit card balance by capturing an image of the user’s current credit card statement, as well as maintenance and support services. The company markets and sells its mobile imaging software solutions through channel partners or directly to enterprise customers. Mitek Systems, Inc. was founded in 1983 and is headquartered in San Diego, California.

49 Employees
Last Reported Date: 12/5/14
Founded in 1983

mitek systems inc (MITK) Top Compensated Officers

Chief Executive Officer, President, Chief Mar...
Total Annual Compensation: $399.5K
Chief Financial Officer and Secretary
Total Annual Compensation: $231.8K
Chief Revenue Officer
Total Annual Compensation: $175.0K
Compensation as of Fiscal Year 2013.

mitek systems inc (MITK) Key Developments

Mitek Expands Relationship with NCR

Mitek announced that it has expanded its relationship with NCR to include mobile imaging solutions for account opening, which features funding and trailing document submission. As per the new license agreement, NCR will sell Mitek's Mobile Photo Account Opening with Mobile Photo Funding and Mobile Photo Documents. The agreement also includes Mitek MiSnap, the company's automatic image capture technology used by millions of Mobile Deposit users.

Mitek and Cachet Financial Solutions Expand Partnership to Create a Great Mobile Account Opening Self-Service Experience

Mitek and Cachet Financial Solutions, Inc. announced that they have expanded their partnership. Cachet Financial Solutions, long time Mobile Deposit partner, will now offer Mitek's entire Mobile Photo Account Opening SaaS Suite as part of their mobile prepaid platform. DFC Global Corp. will be the first to let consumers use their smartphone to apply for the mobile check cashing service by taking a photo of a state ID card. Upon approval, the customer can then fund a prepaid card immediately by capturing a check image using the mobile app. This partnership mashes up Mobile Account Opening SaaS Suite which includes Mitek MiSnap, a touch-free client, and a hosted, multi-tenant server that supports the capture and processing of US IDs, checks, debit/credit cards and trailing documents with Cachet Financial Solution's Select Mobile Money prepaid platform.

Mitek Systems, Inc. Presents at Benchmark's Micro Cap Discovery One-on-One Conference, Dec-11-2014

Mitek Systems, Inc. Presents at Benchmark's Micro Cap Discovery One-on-One Conference, Dec-11-2014 . Venue: The Palmer House Hilton, 17 E. Monroe, Chicago, IL 60603, United States. Speakers: James B. DeBello, Chief Executive Officer, President, Chief Marketing Officer and Director.


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Price/Earnings NM Not Meaningful
Price/Sales 5.7x
Price/Book 4.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales 4.5x

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