Mitek Systems, Inc. (Mitek) is engaged in the development and sale of software solutions. The Company is focused in document image processing and image analytics. It also focuses on intelligent character recognition and forms processing technology, products and services used in the financial services markets. It also develops fraud detection and prevention products, which find signatures on any document and, using algorithms, convert them into compact numeric codes, which are then compared against one or more reference codes of trusted signatures for signature verification. It refers to this software product as Mobile Capture. Mobile Capture technology converts a camera-equipped mobile phone into a mobile scanner that has the ability to read and extract data from any digital photo or video image. During the fiscal year ended September 30, 2008 (fiscal 2008), the Company offers and produces document image processing and image analytics.
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. He holds five patents and is best known as the co-inventor of mobile check deposit used by 80 million consumers and the top banks in the world. He has led the expansion of mobile imaging technology into identity verification applications for financial services, shared economy, social media and emerging cryptocurrency markets. His vision has leveraged mobile imaging solutions as a strategic asset to attract and retain customers, and to provide unique financial services to the underbanked consumer. Jim is an industry thought leader on identity and mobile computing, as well as a passionate advocate for digital inclusion. Frequently invited to speak at industry events, he was recently featured on a panel at Mobile World Congress with PayPal and Google discussing digital inclusion. Jim has over 25 years of experience as CEO for global technology companies. He specializes in leading high growth companies developing transformative information technologies which have helped shape our modern culture ranging from the infancy of WIFI, to Wireless Telecom and Mobile Document Capture. He recently served for 15 years as Chairman and CEO of Mitek Systems, a leading global provider of identity verification and payment solutions built on its proprietary AI/machine learning platform. During Jim’s leadership, Mitek’s revenue grew an average of 40% annually, was publicly listed (NASDAQ:MITK), and its market valuation increased from $15 million to nearly $500 million. Prior to Mitek, Jim led Qualcomm’s Internet Software division and has been a serial entrepreneur in several innovative internet and wireless companies, including a mobile telecom company headquartered in Shanghai, PRC. He holds a B.A. and MBA from Harvard, and was a Rotary Scholar in Singapore where he studied Chinese.
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