Mitek Moves to Nasdaq

7/12/11

San Diego’s Mitek Systems, which signaled its plans to move to the Nasdaq exchange a couple of months ago, says its shares will begin trading on Nasdaq Thursday. The move is an added bit of credibility for Mitek, which has emerged over the past two years as a leading provider of mobile payment and transaction technology that enables bank customers to make a deposit by transmitting an image of a check taken with a smartphone camera. Mitek says its mobile deposit technology is used or being implemented at six of the top 10 U.S. retail banks, as well as Charles Schwab, Fidelity Investments, PayPal, and other financial institutions.

Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call (619) 669-8788 Follow @

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