Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case 
Micro Systemation Reports Q1 Loss Amid Strategic Investments and Revenue Growth 
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth 
Kia Cuts EV Prices in Europe as Chinese Carmakers Intensify Competition 
U.S. Sanctions Target Chinese Refinery Over Iranian Oil Purchases 
$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion 
U.S. Demand for Alternative Satellite Providers Remains Strong Amid SpaceX Regulatory Push 
Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results 
Toyota Global Vehicle Sales Decline in March Amid RAV4 Transition and Middle East Slowdown 
Spirit Airlines Gains Key Creditor Support for $500M Bailout Deal 
Brazil Pension Fund Crackdown After Banco Master Collapse Raises Investment Concerns 
Novartis Q1 2026 Earnings Miss Expectations as Generic Competition Pressures Sales 
U.S. Budget Airlines Seek $2.5 Billion Government Aid Amid Rising Jet Fuel Costs 
Sun Pharma to Acquire Organon in $11.75 Billion Deal to Boost Global Women’s Health Portfolio 
Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand 
Strait of Hormuz Shipping Crisis Deepens as Traffic Plunges Amid Iran-U.S. Tensions 
Nippon Express Stock Jumps as Elliott Investment Signals Strong Foreign Interest in Japan Logistics Sector 
SAN DIEGO, Feb. 23, 2016 -- Mitek (NASDAQ:MITK), (www.miteksystems.com) a global leader in mobile capture and identity verification software solutions, today announced that it has signed a leading provider of private label store branded credit cards for its Mobile Fill identity capture solution.
The credit card provider will embed Mobile Fill into its tablet app to enable employees to help customers apply for credit cards in the store. With Mobile Fill, the customer will simply hand their driver’s license to a store employee, who then snaps a photo of it with the tablet camera and the application form will be instantly completed.
“According to CRM Trends, for some retailers as much as 35% - 42% of sales are on a private label credit card. This is why two of the top private label card issuers have now selected Mobile Fill to streamline the credit card application process for their customers,” said James B. DeBello, president and CEO, Mitek.
In a similar implementation, Mobile Fill has proven to increase credit card application approvals by 50%. It also eliminated the back-office data entry created by paper applications, reduced falsified applications and increased security by removing paper documentation containing personally identifiable information (PII) from the process.
About Mitek
Mitek (NASDAQ:MITK) is a global leader in mobile capture and identity verification software solutions. Mitek’s ID document verification allows an enterprise to verify a user’s identity during a mobile transaction, enabling financial institutions, payments companies and other businesses operating in highly regulated markets to transact business safely while increasing revenue from the mobile channel. Mitek also reduces the friction in the mobile users experience with advanced data prefill. These innovative mobile solutions are embedded into the apps of more than 4,500 organizations and used by tens of millions of consumers daily for new account openings, insurance quoting, mobile check deposit and more. For more information, visit www.miteksystems.com.
Follow Mitek on LinkedIn: http://www.linkedin.com/company/mitek-systems-inc.
Follow Mitek on Twitter: @miteksystems
Connect with Mitek on Facebook: http://www.facebook.com/MitekSystems
See Mitek on YouTube: http://www.youtube.com/miteksystems
Read Mitek’s latest blog post: http://www.miteksystems.com/blog
Mitek Contact: Ann Reichert Senior Director of Marketing [email protected] Katherine Verducci MIX Public Relations [email protected] Mitek Investor Contacts: Todd Kehrli or Jim Byers MKR Group, Inc. [email protected]
