Alogent and Mitek Announce Partnership to Tackle Ballooning Check Fraud Epidemic [Yahoo! Finance]
Mitek Systems, Inc. (MITK)
Last mitek systems, inc. earnings: 4/30 04:05 pm
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Source: Yahoo! Finance
SAN DIEGO, August 21, 2024 BUSINESS WIRE Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity and fraud prevention, announces the expansion of their partnership with Alogent . Alogent will integrate Mitek's Check Fraud Defender (CFD) into its web-based enterprise deposits automation solution, Unify. According to the annual Federal Reserve Financial Services Survey, in the United States, forms of check fraud including forgery and counterfeiting account for 31% of all bank fraud. In fact, in 2023 check fraud losses surpassed $20 billion, and are expected to be even higher in 2024. With the evolution of technology, fraudsters have been able to leverage increasingly sophisticated methods like AI to create counterfeit checks, alter legitimate checks, and forge signatures. This rapid escalation in check fraud underscores the urgent need for more robust, real-time verification technologies, and Mitek's Check Fraud Defender represents a significant advancement in check f
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MITK
News
- Concerned Stockholder Group Votes Against the Re-Election of Mitek Systems’ Board of DirectorsBusiness Wire
- Mitek downgraded at Jefferies on near-term uncertainty [Seeking Alpha]Seeking Alpha
- Mitek Systems, Inc. (NASDAQ: MITK) was downgraded by analysts at Jefferies Financial Group Inc. from a "buy" rating to a "hold" rating. They now have a $9.50 price target on the stock, down previously from $17.00.MarketBeat
- Ford plans new low-cost EV pickup truck launching in 2027 [Yahoo! Finance Canada]Yahoo! Finance Canada
- Alogent and Mitek Announce Partnership to Tackle Ballooning Check Fraud EpidemicBusiness Wire
MITK
Earnings
- 8/8/24 - Beat
MITK
Sec Filings
- 9/13/24 - Form 8-K
- 9/12/24 - Form 4
- 9/12/24 - Form 4
- MITK's page on the SEC website