Saturday, December 14, 2024

Mitek: Acquires ID R&D to lead fight against biometric identity fraud

Mitek: Acquires ID R&D to lead fight against biometric identity fraud

  • Mitek a global leader in mobile capture and digital identity verification built on the latest advancements in computer vision
  • ID R&D is an award-winning provider of AI-based voice and face biometrics and liveness detection
  • Shareholders of ID R&D will be entitled to receive up to $49 million in stock and cash as consideration
  • ID R&D’s pioneering facial and voice biometric capabilities provide increased protection against most sophisticated identity
  • These technologies ensure the highest level of security against evolving threats and deliver an imperceptible consumer experience
  • The rapid advancement and availability of deepfake and other identity augmenting technologies presents a significant new threat to consumers

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