Mitek Systems, Inc.

Mitek Takes All Top 3 Image Category Spots in Prestigious Independent Face Liveness Detection Competition

Mitek's Presentation Attack Detection technology swept the top three places in the Image category of the 2026 LivDet-Face competition, an independent face-liveness benchmark organized by the Center for Identification Technology Research (CITeR). The competition is a fully blind evaluation using sequestered test data, testing solutions against print attacks, replay attacks, and advanced 3D mask attacks that participants had not previously seen. Mitek's PAD offering verifies liveness passively from a single facial image, with no user actions like blinking or head-turning, and is trained on proprietary datasets covering more than 20 presentation attack types. The result is a credibility win for Mitek's identity-verification franchise, which more than 7,000 organizations use, though the release discloses no financial impact or new commercial wins tied to the placing.

•2mo ago

Mitek Appoints Aaron Seyler as Chief Revenue Officer

Mitek Systems appointed Aaron Seyler as Chief Revenue Officer to unify its go-to-market organization and drive the next phase of growth. Seyler brings extensive experience from Vonage and Telesign, where he scaled revenue from approximately $200 million to over $600 million. To secure the appointment, the Board approved inducement awards totaling approximately $2.5 million, consisting of performance-based PSUs and service-based RSUs.

•2mo ago

Mitek Reports Fiscal Third Quarter Revenue of $54.0 Million, Up 18% Year-Over-Year; Raises Full-Year Outlook

Mitek reported fiscal third quarter revenue of $54.0 million, up 18% year-over-year, driven by record Fraud & Identity SaaS revenue of $24.8 million which increased 37%. The company raised its full-year fiscal 2026 revenue outlook to $195 million to $200 million and increased adjusted EBITDA margin guidance to 32% to 34%. Adjusted EBITDA grew 59% to $20.8 million with a margin of 38.5%, reflecting significant operational leverage despite a decrease in cash balance due to debt retirement. Mitek also announced leadership changes, appointing Aaron Seyler as Chief Revenue Officer and electing Mark Rossi as non-executive Chairman of the Board effective October 1.

•3mo ago

Aware Expands Awareness Platform Capabilities with Key Partnerships to Deliver Smarter Identity Decisions

Aware announced substantial innovations to its Awareness Platform, integrating biometric matching from ROC and identity verification from Mitek to enable configurable, multi-vendor biometric workflows. The update includes enhanced Intelligent Liveness features that detect deepfakes and injection attacks in under two seconds, and a new Intelligent Matching algorithm delivering a 10x lower False Non-Match Rate. General availability for these capabilities is scheduled for Q3 2026, positioning Aware to capitalize on growing enterprise demand for biometric orchestration and vendor flexibility.

•5mo ago

Mitek Announces Strategic Partnership with Global Analytics Software Leader FICO to Strengthen Enterprise Fraud Defenses

Mitek announced its Mitek Verified Identity Platform (MiVIP) is now available on the FICO Marketplace, integrating identity verification into enterprise decisioning workflows. The partnership aims to combat rising fraud threats like AI deepfakes and synthetic identity attacks by allowing clients to embed trusted identity signals directly into risk processes. Joint customers can deploy these capabilities across digital onboarding and account recovery to improve fraud detection accuracy while minimizing user friction.

•5mo ago

Mitek Reports Record Fiscal 2026 Second Quarter Results; Raises Full-Year Outlook

Mitek reported record fiscal Q2 revenue of $54.8 million, up 6% year-over-year, driven by 18% growth in SaaS revenue and 28% growth in Fraud and Identity solutions. Adjusted EBITDA increased 10% year-over-year to $22.3 million, with margins expanding to 40.7% from 39.0% in the prior year period. Based on this momentum, the company raised its full-year fiscal 2026 revenue guidance to $189-$198 million and its adjusted EBITDA margin outlook to 30%-33%.

•6mo ago

Tyfone Expands Check Fraud Protection Capabilities with Mitek Systems’ Check Fraud Defender

Tyfone has integrated Mitek’s Check Fraud Defender into its nFinia Digital Banking platform to provide community financial institutions with real-time fraud detection capabilities. The solution leverages Mitek’s imaging science, AI, and a consortium-based approach to identify potentially fraudulent check activity across channels. This partnership aims to reduce fraud losses and improve operational efficiency for Tyfone clients while maintaining a user-friendly experience.

•6mo ago