Mitek appoints Aaron Seyler as Chief Revenue Officer. Mitek Systems, Inc., a global leader in digital identity verification and fraud prevention, announced the appointment of Aaron Seyler as Mitek's Chief Revenue Officer to lead Mitek's go-to-market organization, effective as of his start date, August 17, 2026. Mr. Seyler joins Mitek from Vonage, an Ericsson company, where he led a global go-to-market organization across 17 countries. In his role as Chief Revenue Officer there, he scaled an API-based enterprise software business through a global partner and channel ecosystem, a motion similar to Mitek's delivery of its identity and fraud capabilities into customer onboarding, authentication, and transaction workflows. Prior to Vonage, he led the go-to-market function at Telesign, a digital fraud and identity protection company, where he helped scale revenue from approximately $200 million to more than $600 million and led its expansion into international markets. "We are pleased to welcome Aaron to Mitek. Unifying our go-to-market functions under a single CRO creates greater alignment and accountability for growth. Aaron has a strong track record of driving revenue growth at global enterprise software businesses, including in digital identity and fraud, and we believe he is the right leader to drive the next phase of our growth," said Edward H. West, Chief Executive Officer of Mitek. "I have spent my career scaling enterprise revenue for software platform businesses, including in digital fraud and identity, and what stands out about Mitek is the trust it has earned with many of the world's largest institutions, the banks and enterprises where protecting identity and assets is mission critical. That trust, together with the technology, data, and services ecosystem beneath it, is difficult to build and difficult to replicate. I am excited to bring our go-to-market teams together and, alongside our partners, help more of these institutions put Mitek's capabilities to work against the growing threat of digital and AI-driven fraud," said Aaron Seyler, Chief Revenue Officer of Mitek. In connection with Mr. Seyler's appointment as the Company's Chief Revenue Officer, the Human Capital Committee of the Company's Board of Directors approved, effective as of his start date, employment inducement awards in the form of performance-based vesting restricted stock units ("PSUs") and service-based vesting restricted stock units ("RSUs"), with an aggregate grant date fair value of approximately $2,500,000. The awards consist of (i) 67,459 PSUs which may vest, if at all, following the completion of the three-year performance period based on the Company's relative total shareholder return performance measured against the Russell 2000 Index, with up to an additional 67,459 PSUs eligible to vest for above-target performance, and (ii) 67,459 RSUs that vest in four equal annual installments beginning on the first anniversary of the grant date. In each case, vesting of the PSUs and RSUs is subject to Mr. Seyler's continued employment through the applicable vesting date, subject to earlier vesting provisions in connection with a change in control and certain qualifying terminations of employment. The PSUs and RSUs were granted as inducement awards material to Mr. Seyler's acceptance of employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4). The awards were granted outside of, and the shares subject to the awards were not drawn from the share reserve under, the Company's Second Amended and Restated 2020 Incentive Plan (the "Plan"), but are subject to terms and conditions substantially similar to those applicable to awards granted under the Plan.

Mitek Systems has appointed Aaron Seyler as Chief Revenue Officer, effective 17 August 2026. The digital identity verification and fraud prevention company said Seyler will lead its go-to-market organisation. Seyler joins from Vonage, an Ericsson company, where he led global go-to-market operations across 17 countries. Previously, at digital fraud protection firm Telesign, he helped scale revenue from approximately $200 million to more than $600 million. As part of his appointment, Seyler received employment inducement awards including performance-based and service-based restricted stock units with an aggregate grant date fair value of approximately $2.5 million. The awards consist of 67,459 performance-based units and 67,459 service-based units, with potential for additional shares based on performance.

Mitek Systems reported third-quarter 2026 total revenue of $54 million, up 18% year-over-year. The company achieved record SaaS revenue, growing 36% year-over-year and now representing approximately 46% of trailing 12-month revenue. Fraud and identity revenue reached $29 million, up 14% year-over-year, whilst check verification revenue grew 24% to $25 million. Check Fraud Defender annual contract value surged 73% year-over-year, exceeding $22 million. The company's data network now covers approximately 70% of US checking accounts. Fiserv has gone live as a reseller, expanding the network to thousands of institutions. Non-GAAP gross margin improved to 85.5%, up 40 basis points year-over-year. Adjusted diluted earnings per share reached $0.34, up 58% year-over-year. Free cash flow totalled $25.3 million for the quarter. Mitek raised full-year fiscal 2026 revenue guidance to $195-200 million.