Hackathon Reaps Rewards

March 1, 2014

I recently launched the Mitek Developers program which promotes our technology for new use cases and undiscovered market demand.  We built our program of APIs and MiSnap SDK to be easily consumed and leveraged, with clear migration options for long term use of our technology.  As part of the launch, we joined dozens of other technology companies at a large “hackathon” on the west coast which brought over 1,200 college students together to explore, collaborate, and prototype market concepts.  Yesterday I posted to the Mitek blog a brief summary and pictures from the hackathon, which you can find here:  http://www.miteksystems.com/blog/02/28/14/thinking-outside-of-the-bank

Our participation at this hackathon, www.Hacktech.io, was a tremendous success, providing benefits to our customers, our employees, and ultimately our company stakeholders as well.  Here’s why.

For our customers, the value starts with product and process improvements.  As one of the primary sponsors, we enjoyed placement of our booth right in the thick of it – center of the action for student hackers.  This location allowed the Mitek team to experience first-hand and immediate feedback about the ease, and challenge, of integrating our technology into innovative mobile experiences.  If the goal is rapid deployment of leading edge technologies, we learned a lot of lessons about how to make that deployment easier and what additional important capabilities are required to harden it.

Mitek employees would tell you they felt truly rewarded for their 48-hour time commitment.  Six of us managed to keep the Red Bull, coffee, and snacks flowing so that we could be available full time to answer questions and help code-up the prototypes.  Ultimately we were exposed to a wide variety of development languages, coding paradigms, and challenging questions to help sharpen our skills.   We networked with students to discuss future employment options at Mitek.  We provided leadership opportunities for several team members, and enhanced our team solidarity.  It was invigorating!

And company stakeholders of all kinds should feel excited about the demonstrated potential for so many additional use cases of Mitek technologies.  Eight student teams used the Mitek APIs and MiSnap SDK, preparing amazing prototypes and demonstrating the kind of value they’d expect to see in today’s marketplace.  Some examples:

  • A mobile application for scanning nutrition labels and easily counting calories
  • A mobile solution to enroll as a driver or sign-up as a buyer for hauling services, with mapping services
  • A solution for multi-factor authentication e-security of point-to-point payments with Mobile Deposit
  • Smart Pinterest recipe creation via image capture and data extraction from grocery receipts

I am proud to say that our involvement in this first hackathon generated some truly “out of the box” thinking, just the type we want, to be a showcase for the nearly unlimited potential to integrate mobile imaging into both enterprise and consumer apps.  It’s an exciting time, and we have been inspired by all the interest in Mitek Developers.

For those of you building and publishing open APIs, an experience like this should be on your roadmap.  If you’re interested in more information about our program, check out https://developers.miteksystems.com.

Happy Hacking!


Mitek’s Mobile Photo Bill Pay® Now Deployed by BBVA Compass

June 11, 2013

Excited about my client, BBVA/Compass, for their deployment of Picture Bill Pay – leveraging our Mitek Mobile Imaging Platform.  Compass customers can now easily and securely pay a bill with the snap of a smartphone or tablet camera!  http://www.miteksystems.com/about/news/banktech-bbva-compass-adds-mobile-photo-bill-pay-to-iphone-app


U.S. Bank adds mobile bill payment from Mitek to its mobile offerings

December 10, 2012

Great progress last week at Mitek – announcing a major bank to launch Mobile Photo Bill Pay early next year.  Looking forward to working with US Bank and the Mitek professional services team to put another innovative convenience solution into the US market!

“Paying bills isn’t fun, but for U.S. Bank customers it will be easier. The financial institution, the fifth largest bank in the U.S., is partnering with Mitek Systems to offer its customers Mitek’s Mobile Photo Bill Pay.”

http://www.mobilepaymentstoday.com/article/204825/U-S-Bank-adds-mobile-bill-payment-from-Mitek-to-its-mobile-offerings


Indication of market trends, JPMC hires new leader for next generation (mobile) payments

September 30, 2011

Continuing to show their focus on innovation, Mitek customer JPMC announced the hire of a new leader to focus on mobile and emerging digital payments. The new leader is Susan Ehrlich as “SVP of Next Generation Payments”.  This appointment signals another data point in the trend of market adoption and readiness for mobile and digital innovation and 2nd generation mobile banking.   http://www.marketwatch.com/story/jpmorgan-chase-hires-susan-ehrlich-to-help-develop-next-generation-payments-2011-09-29


Congrats to Mitek – another fantastic quarter!

August 9, 2011

Congratulations to the team at Mitek Systems for another giant quarter.  Our outstanding sales team and distribution partners have doubled the total number of signed customers over the past quarter and six of the top 10 U.S. banks have now agreed to deploy Mobile Deposit.  Our technology team has launched a first-of-its-kind cloud service for mobile imaging, and we have several projects underway in non-financial verticals.  Mitek has found a way to help partners and customers innovate by supporting the creation of exciting solutions utilizing the camera as a keyboard to simplify the consumer experience.

http://www.miteksystems.com/pages/press/Mitek_Fiscal_3Q11_Earnings_Release_FINAL.pdf