SAN DIEGO, Nov. 3, 2011 /PRNewswire/ -- Mitek Systems, Inc. (NASDAQ: MITK, www.miteksystems.com), the leader in mobile-imaging solutions, will participate in the SunTrust Robinson Humphrey "Business & Government Services Unconference" on Thursday, Nov. 10, at Le Parker Meridien Hotel in New York City. Representing Mitek will be President and CEO James B. DeBello.
Mitek's flagship product -- Mobile Deposit® -- is the leading mobile Remote Deposit Capture (RDC) application that allows users to deposit checks accurately, securely and conveniently -- anywhere, anytime -- simply by snapping photos of their paper checks with camera-equipped smartphones. The app helps consumers eliminate visits to bank branches or ATMs to deposit checks. It's offered by six of the top 10 retail banks in the U.S., and more than 80 banks, credit unions, brokerages and payment facilitators.
The company continues to offer more products for the financial services industry as banks, credit unions and others experience the economies of using smartphone or tablet cameras as handheld scanning devices for remote capture of a wide range of documents.
Mobile Photo Bill Pay™, another of Mitek's innovative mobile banking solutions enables consumers to pay virtually any bill at any time by using the camera on their smartphone to take a picture of bill and pay it. The software uses dynamic data extraction to capture all the required data to automate the bill payment process. Mobile Photo Bill Pay leverages much of the same core mobile imaging technology as developed for Mitek Mobile Deposit and adds unique capabilities with industry-leading accuracy enabling customers to pay their bills via their smartphones from anywhere. This approach offers a superior user experience and is much more accurate than alternative mobile bill pay solutions. Adding new mobile services for banking customers also creates additional barriers to switching banking providers.
Mitek also recently announced Mobile Balance Transfer™, an innovative application for the financial services industry that enables consumers to switch bank credit card accounts. This solution offers an easy, attractive and cost-effective way for a bank to acquire new credit card customers.
About Mitek Systems Mitek Systems (NASDAQ: MITK) is the leader in mobile-imaging solutions, achieved through 25 years of R & D, patented technology and extensive experience in extractive imaging. The company invented and patented leading software solutions that allow consumers to use the cameras on their smartphones and tablets to deposit checks, pay bills, get quotes and transfer balances... all by just snapping photos of documents. Offering outstanding customer experience and convenience while driving operational efficiencies, Mitek Systems' solutions enable organizations across industries to differentiate themselves from their competitors attract and retain customers and ultimately increase their revenue and profitability. Current products include Mobile Deposit®, Mobile Photo Bill Pay™, Mobile Balance Transfer™, Mobile ACH Enrollments™, and the Mobile Imaging Cloud™ platform.
Bud Leedom, Finance Director
SOURCE Mitek Systems, Inc.