Mitek Systems raised its full-year fiscal 2026 revenue guidance to a range of $195 million to $200 million, up from the prior outlook of $189 million to $198 million, while also announcing the appointment of Aaron Seyler as Chief Revenue Officer effective August 17. The company reported third-quarter total revenue of $54 million, an 18% increase year-over-year, with fraud and identity revenue reaching a record $29 million and total SaaS revenue up 36%. A top-five U.S. bank completed its pilot and is moving into the Check Fraud Defender Consortium network, and Fiserv is now live as a reseller of Check Fraud Defender. Management also raised its full-year fraud and identity revenue guidance to $105 million to $109 million and adjusted EBITDA margin guidance to 32% to 34%, while noting that fraud and identity SaaS is expected to ease modestly in the fourth quarter following an unexpected regulatory-driven surge in age verification demand during the third quarter.
Mitek Systems, Inc.Raised FY2026 revenue guidance and reported strong Q3 results with record fraud revenue.
Fiserv, Inc.Fiserv is now live as a reseller of Check Fraud Defender, expanding distribution.
