Mitek Systems, Inc. Appoints Frank Teruel to Its Leadership Team as Chief Financial Officer
June 08, 2021 at 05:49 pm EDT
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Mitek Systems, Inc. appointed Frank Teruel to its leadership team as chief financial officer. Additionally, Frank Teruel will be joining Mitek as chief financial officer and senior vice president effective July 16, 2021. Teruel will succeed Jeff Davison, who announced his retirement earlier this year. Teruel was previously the chief operating officer of ADARA, a global leader in predictive consumer intelligence through its permissioned data and verified identity platform and brings with him over two decades of financial and operational leadership. Teruel is a recognized thought leader in the digital identity/fraud management space having led ThreatMetrix as its general manager and chief financial officer from $5 million in revenue through to its sale to RELX/LexisNexis for $830 million. He also serves as an Adjunct Professor at Santa Clara University’s Leavey School of Business MBA program.
Mitek Systems, Inc. is a provider of mobile image capture and digital identity verification solutions. It is a software development company with expertise in computer vision, artificial intelligence, and machine learning. Its digital technology solutions are provided in two parts: a software development kit for mobile image capture and a cloud software platform which uses artificial intelligence, and machine learning to classify and extract data to enable mobile check deposit as well as aid the authentication of identity documents including passports, identity cards, and driver's licenses using a camera-equipped device. Its products include Mobile Deposit, Mobile Verify, Mobile Fill, CheckReader, Check Fraud Defender, Check Intelligence, Mitek Verified Identity Platform, MiPass, ID_CLOUD, IDLive Face, IDVoice, IDLive Voice and IDLive Doc. The Company serves more than 7,900 financial services organizations and marketplace and financial technology (fintech) brands around the globe.