Mitek Systems has reported an increase in revenue and earnings for its fiscal second quarter as Bank of America and Capital One Financial joined the list of financial institutions using its mobile deposit app. Sales hit $2.86 million, compared with $1.5 million in the same quarter last year.
President and CEO James B. DeBello said that the company was experiencing increasing momentum in sales of its flagship Mobile Deposit solution, with five of the top 10 USA retail banks now signed on to deploy the application.
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