Mitek Systems Wins Top Honors for Digital Fraud Defender in Juniper Research Awards

Mitek Systems, a global leader in digital identity verification and fraud prevention, has won top honors in two categories at Juniper Research's Fintech and Payments Future Digital Awards 2025. Mitek's Digital Fraud Defender is a layered security solution designed to help businesses defend against sophisticated deepfake and injection attacks. The solution includes multiple layers of protection, such as deepfake detection, injection attack detection, template attack detection, and continuous testing. Mitek's wins highlight the importance of their mission to help businesses fight sophisticated fraud and protect real customers.

Mitek Systems, Inc. (NASDAQ: MITK), a leading global provider of digital identity verification and fraud prevention solutions, has secured top honors in two categories at Juniper Research's Fintech and Payments Future Digital Awards 2025. The company's Digital Fraud Defender was recognized for its innovative approach to tackling sophisticated fraud threats, including deepfake and injection attacks.

The awards, 'Fraud and Security Innovation of the Year' and 'Best Identity Verification Innovation,' underscore Mitek's commitment to protecting businesses and consumers against evolving fraud threats. The Digital Fraud Defender employs a multi-layered security approach, featuring deepfake detection, injection attack detection, template attack detection, and continuous testing to safeguard digital interactions.

In a real-world deployment, the Digital Fraud Defender identified over 3,000 injection attacks in a targeted phishing campaign, highlighting its effectiveness against sophisticated fraud attempts. Mitek's solutions are used by more than 7,000 organizations worldwide to enhance digital onboarding security and prevent fraud.

Nick Maynard, VP of Fintech Market Research at Juniper Research, commented on the award: "Mitek's Digital Fraud Defender stood out in our judging as highly innovative. By moving past liveness and taking a layered approach to AI fraud, this provides an advanced approach that can clearly help key stakeholders keep their fraud mitigation strategies fresh."

Mitek's CEO, Ed West, stated, "AI-generated deepfakes and injection attacks are eroding trust in digital identity. Our commitment is to help businesses protect real customers with multi-layered defenses built for this new era of fraud."

Mitek Systems continues to innovate in the digital identity verification and fraud prevention space, with a focus on AI-driven solutions. The company's recent financial results, including a 2% year-over-year increase in total revenue and a strong cash position, reflect its robust financial health and commitment to growth.