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0 0.00235663786331495 -0.000785545954438318 -0.00471327572663005 -0.0102120974076983 -0.0172820109976434 -0.0149253731343283 -0.01413982717989
Stock impact report

ID R&D Granted Patent for Voice-Based Device Unlocking [Yahoo! Finance]

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: Yahoo! Finance
NEW YORK, May 23, 2024 BUSINESS WIRE )--ID R&D, a Mitek Systems company, and a leading provider of AI-driven biometric solutions, is pleased to announce the issuance of a new patent by the United States Patent and Trademark Office for the Method and Device for Unlocking a User Device by Voice (US 11,941,097 B2). The granting of this patent marks a significant milestone in our commitment to advancing human-computer interaction. It also reflects our team's dedication to excellence and reinforces our position at the forefront of voice authentication technology. The role of voice as an interface for a variety of IOT and "smart" devices is expected to grow at a compound annual growth rate (CAGR) of 21.3% from 2023 to 2030, fueled by the emergence of Generative-AI and Large Language Models (LLMs). According to the Federal Trade Commission (FTC), evidence already exists that the same Gen-AI technology that is creating opportunities is also being used to create deepfakes and voice clones t Show less Read more
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