Mitek says ceo, cfo are leaving san diego business journal. In the wake of his january exit as president and ceo of mitek systems, debello said he. Under debellos leadership, mitek developed its remote deposit capture and identityverification technology, used by more than 6,000 financial institutions and 80 million consumers worldwide. A hightech innovator who holds five patents, about read more. Checks in the mobile, mitek tells banks mobile marketer. Mitek mitk is a global leader in mobile capture and identity verification software solutions. Miteks james debello appointed chairman econotimes. Mitek systems check imaging and document management. James debello jim is a fintech visionary and has led ongoing innovation in mobile identity verification for global organizations across financial services and other high growth industries. Mitek and experian partner to add id document and facial. In addition, mitek deploys its patented signature validation technology to allow authentication of the endorsement, he said. Miteks identity verification solution allows an enterprise to verify a users 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.
View institutional ownership trends for mitek systems. He holds five patents and is best known as the coinventor of mobile check deposit used by 80 million consumers and the top banks in the world. Hedge fund elliott raises pressure on mitek after takeover. Mitk q2 2017 results earnings conference call april 27, 2017 4. Top executives to leave mitek systems, shares drop the san. Commenting on the results, james debello, president and ceo of mitek, said. We are pleased to report another strong quarter for mitek, driven by revenue growth from our new mobile id capture and verification product offerings, and our industry leading mobile check deposit products. Company insiders that own mitek systems stock include bruce edward hansen, james b debello, james c hale iii, jason gray, jeffrey c davison, karel j marsal, michael e diamond and stephen ritter. Miteks james debello appointed chairman marketwatch. Mitek systems trades on the nasdaq under the ticker symbol mitk.
Worldwide shipments of multimediaenabled mobile phones will exceed 300 million units this year, surpassing shipments of television sets, according to a recent report by multimedia intelligence. Meet jimjim debellocandidate, ca52jim debello is a lifelong san diegan, born in grossmont hospital. James debello, miteks chief executive, said in an interview monday that the software can identify any bills regardless of format, and consumers will be able to pay any merchant. Mitek systems responds to usaa lawsuit allegations. In this weeks commander in chief series, pymnts talks with mobile capture and identity verification company mitek systems ceo james debello about what moves the ball for the mobile industry. Mitek is an exciting company with market leadership in mobile. Mitek, which makes software that banks and others use for remote document capture and digital identification verification, said in august that davison and jim debello, miteks ceo of 15 years.
Jim debello is a lifelong san diegan, born in grossmont hospital. Debello thanks, julie, and good afternoon, everyone. May 24, 2018 miteks mobile verify product will be able to read governmentissued identity documents even more accurately and quickly than today, and authenticate them using a2ias advanced ai algorithms, thereby increasing companies trust that their customers are who they say they are, said james debello, ceo and chairman of mitek. Mitek and experian have formed a partnership to add identity document verification and biometric facial matching to its digital identity verification software experians crosscore fraud prevention and identity platform will feature miteks mobile verify and mobile fill solutions to deliver seamless new account opening and help businesses achieve compliance. Mitek systems management discusses q3 2012 results.
Mitek granted two new patents for mobile capture of payments documents. Mitek ceo james debello named chairman of the board san. Scott peters has finally drawn a republican challenger. Oct 18, 2010 james debello, miteks chief executive, said in an interview monday that the software can identify any bills regardless of format, and consumers will be able to pay any merchant. Mar 09, 2016 miteks james debello appointed chairman. Gops debello was courted for mayor before making bid for rep. San diegos mitek, which powers mobile photo deposit apps for banks nationwide, said tuesday it is acquiring dutch document verification software firm. Miteks patent portfolio remains strong and the company is confident that it would have been successful on the merits if the matter had gone to trial. The combination of mitek and a2ia defines the new leading edge in ai for document and identity verification. Mitek expands remote capture technology to bill payments. Miteks id document verification allows an enterprise to verify a users identity during a mobile transaction, enabling financial institutions, payments companies and. May 31, 2018 mitek and experian have formed a partnership to add identity document verification and biometric facial matching to its digital identity verification software experians crosscore fraud prevention and identity platform will feature miteks mobile verify and mobile fill solutions to deliver seamless new account opening and help businesses achieve compliance and mitigate fraud exposure.
Mitek granted two new patents for mobile capture of. Jim debello emeritus chairman, ceo at mitek systems, inc. Snap a picture of any bill, or invoice, and we convert the image and extract the data for bill pay, he said. Company reaffirms fullyear revenue and profit margin guidance. Jun 27, 2017 in this weeks commander in chief series, pymnts talks with mobile capture and identity verification company mitek systems ceo james debello about what moves the ball for the mobile industry. Mitk q4 2017 results earnings conference call november 7, 2017 4. Debello, ceo and chairman of mitek said that he anticipates the acquisition to help mitek get ahead in the industry. He oversaw three acquisitions and a portfolio of more than 50 patents. Mitek settles patent dispute with top image systems.
Miteks mobile verify product will be able to read governmentissued identity documents even more accurately and quickly than today, and authenticate them using a2ias advanced ai algorithms, thereby increasing companies trust that their customers are who they say they are, said james debello, ceo and chairman of mitek. Mitek s patent portfolio remains strong and the company is confident that it would have been successful on the merits if the matter had gone to trial. Debello, former ceo of publicly traded software company mitek systems, kicked off his candidacy at a press conference at tuna harbor park. Nov 20, 2018 hedge fund elliott management on tuesday asked mitek systems inc to scrap a socalled poison pill to let it buy more stock and said it may press for board changes after the software company took. Now is exactly the right time to for mitek to launch in the u.
Chief executive jim debello and chief financial officer jeff davison. Mitek appoints donna wells, awardwinning tech pioneer and. Jim debello san diego, california professional profile linkedin. Former mitek ceo jim debello announces bid to unseat rep. Gops debello was courted for mayor before making bid for. Miteks identity verification solution allows an enterprise to verify a users 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.
James debello, miteks chairman and ceo, added, we estimate we have collectively saved consumers over 416 million hours in unnecessary trips to a branch or atm. Debello takes the chairmanship from john thornton, who stepped down from the board. Mitek s james debello appointed chairman san diego, ca, march 9, 2016 mitek nasdaq. Mitek joins paypal, deloitte and alphabet on panel at. Before transmitting data to the bank, miteks software optimizes the check image and confirms that it meets check 21 imagequality standards, mr. We see the camera phone as a handheld scanning device that makes all this possible, said james debello, ceo of mitek, in an interview. Local businessman jim debello, former ceo of publicly traded software company mitek systems, announced thursday hes mounting a bid to oust peters. A letter asg sent to miteks board of directors last. Cell phone software formats checks for online banking. Mitek appoints donna wells, awardwinning tech pioneer and former intuit executive, to advisory board email print friendly share october 11, 2017 07. Usaa also seeks a declaratory judgement that it has not infringed on any of five patents mitek holds related to mobile capture. Instead, says mitek president and chief executive james debello, the usaa suit is all about hamstringing mitek and gaining leverage over it in negotiations concerning software licensing. Now he depicts the mitek mobile check deposit software he.
It is leveraged by more than 75,000 atms worldwide. San diego tech executive jim debello to challenge rep. The appointment follows the retirement and resignation today of current chairman, john m. Industries developer tools, mobile, mobile payments, software headquarters regions greater san diego area, west coast, western us founded date may 29, 1986 operating status active funding status ipo last funding type postipo equity number of employees 101250 also known as icar vision, a2ia, idchecker legal name mitek systems, inc. Mitek will combat usaas false allegations aggressively to protect its patent portfolio and its marketleading software. Its unfortunate when business negotiations break down, said chief executive james debello. Financial services providers are facing unprecedented challenges in europe due to new psd2 regulation, new aml rules and the increasing sophistication of fraud. Jim debello san diego, california professional profile. Thompson, former president of walmart financial services to board of directors. Hedge fund elliott management on tuesday asked mitek systems inc to scrap a socalled poison pill to let it buy more stock and said it may press for board changes after the software company took. Mitek sued by usaa over mobile deposit technology the san. Prior to mitek, jim led qualcomms internet software division and has been a serial entrepreneur in several innovative internet and wireless companies. Local businessman jim debello, former ceo of publicly traded software company mitek systems, announced thursday hes mounting a bid to oust peters, a fourterm incumbent representing the 52nd congressional district, which consists of mostly coastal and central san diego. Mitek fires another salvo in battle with usaa over mobile.
Prior hansen served as president of hnc software, which was. Mitk announced its earnings results on thursday, january, 30th. However, mitek is the proven leader in mobile imaging software, as evidenced by the numerous. Mitek ceo james debello named chairman of the board. Scott peters in 2020 local businessman jim debello, former ceo of publicly traded software company mitek systems, announced thursday hes mounting a bid to oust peters, a fourterm incumbent representing the 52nd congressional district, which consists of mostly coastal and central san. Local businessman jim debello, former ceo of publicly traded software company mitek. Prior to mitek, jim led qualcomms internet software business unit and has been a dynamic. Ceo james debello also said that if tis were to pick up u. Jan 24, 2008 we see the camera phone as a handheld scanning device that makes all this possible, said james debello, ceo of mitek, in an interview. The remote deposit capture provider said debello, who became its president and ceo in 2003 and chairman of the board in 2016, will leave jan. We look forward to vindicating our intellectual property rights, our pioneering patents, and our marketleading products, stated mitek ceo james debello.