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DanWebzster

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DanWebzster

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Re: DanWebzster post# 89

Wednesday, 04/04/2018 8:13:43 PM

Wednesday, April 04, 2018 8:13:43 PM

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MITK dominates the mobile check deposit market

Although annual check volumes are in decline, mobile check deposit volume is still rising

MITK earns 50% margins from 6100 financial institutions using this technology.

Growth strategy depends on success of Mobile Verify product. Experian & Fujitsu include this product in their Know-Your-Client and Anti-Money-Laundering identification product suites.

MITK must grow it Mobile Identification revenue for the time when mobile check deposit revenues begin to decline.
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