Mitek's Digital Fraud Defender Protects Digital Identity Verification [Yahoo! Finance]
Mitek Systems, Inc. (MITK)
Last mitek systems, inc. earnings: 4/30 04:05 pm
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Source: Yahoo! Finance
increasing instances of artificial intelligence (AI)-enabled fraud for organizations operating in high-risk digital environments. The threat of AI-driven fraud has dramatically escalated over the past years. Generative AI can easily create convincing fake documents, videos and images. As a result, fraud tactics such as deepfakes, synthetic identities and account takeovers have become more prevalent and harder to detect. MITK highlighted a report from Deloitte's Center for Financial Services that projects fraud losses due to generative AI to rise from $12.3 billion in 2023 to an alarming $40 billion by 2027. Deepfake-related fraud alone is expected to soar 700% by 2031. Designed to combat multiple fraud vectors, DFD leverages Mitek's proprietary liveness detection technology and advanced analytics to safeguard identity verification processes across industries. It is part of the Mitek Verified Identity Platform and takes a multi-layered approach to digital fraud prevention. By analy
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MITK
News
- Mitek to Participate in the 27th Annual Needham Growth Conference on January 14, 2025Business Wire
- Are Investors Undervaluing Mitek Systems, Inc. (NASDAQ:MITK) By 43%? [Yahoo! Finance]Yahoo! Finance
- Mitek Systems, Inc. (NASDAQ: MITK) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Update: MITK, December 17 [Forbes]Forbes
- Mitek Systems, Inc. (NASDAQ: MITK) had its price target raised by analysts at HC Wainwright from $11.00 to $13.00. They now have a "buy" rating on the stock.MarketBeat
MITK
Earnings
- 12/16/24 - Beat
MITK
Sec Filings
- 12/16/24 - Form 10-K
- 12/16/24 - Form 8-K
- 12/12/24 - Form 4
- MITK's page on the SEC website