SAN DIEGO, March 20, 2013 (GLOBE NEWSWIRE) -- Mitek (Nasdaq:MITK) (www.miteksystems.com), a leading mobile imaging software solutions provider, today announced that President and CEO, James DeBello will be speaking at The Innovation Project™, an event hosted by PYMNTS.com, taking place March 20 and 21 that brings senior executives and elite innovators to the Harvard University campus to discuss the dynamic changes taking place in the payments industry. On March 21, DeBello will participate in a roundtable that will be led by former Treasury Secretary, Larry Summers and includes other leading payments executives. The group will discuss the importance of cash and alternative payment methods for the unbanked and underserved.
The 90-minute roundtable will focus on how the estimated 2.5 billion people who don't have access to a bank account can utilize mobile phones and access to the Internet to create financial stability through banking and payment technology. DeBello will share how Mitek's Mobile Deposit® and Mobile Photo Bill Pay™ use the latest in mobile imaging technology to allow people to conduct financial transactions and manage prepaid cards simply by snapping a photo with a smartphone or tablet camera.
Roundtable: Innovating Cash | You're Not Getting Older, You're Getting Better!
James DeBello, President and CEO, Mitek
Thursday, March 21, 4:14 – 5:45 p.m. (EDT)
Harvard University, Memorial Hall, 45 Quincy Street, between Cambridge and Kirkland Streets in Cambridge, MA
Mitek is also nominated for the PYMNTS.com Innovator Awards Best Check Innovation, which will be announced by B.J. Novak at a gala celebration the evening of March 21 at The Innovation Project.
About The Innovation Project
Over 2 days, 100 speakers and 500 senior members of the payments industry will change the way that the payments and its broader commerce ecosystem thinks, talks, delivers and ignites innovation. On March 20th and 21st the greatest minds in commerce and payments will assemble at Harvard University near Boston to kick the conversation about innovation up to an entirely different level at a program called The Innovation Project. Speakers and delegates are among the most senior executives and elite innovators from literally every established payments company worldwide, along with the CEOs of the most innovative startups in the space. One of its five modules includes pairing industry CEOs with external thought leaders such as Al Gore (former U.S. VP), Steve Levitt (Freakonomics), Eric Reis (The Lean Startup), Rosie Rios (U.S. Treasurer), Russell Simmons (Rush Card), Raj Date (CFPB), and Josh Lerner (The Architecture of Innovation) to challenge the conventional wisdom around what it will take to get merchants and consumers to adopt new ways to shop and pay. Warren Buffett is the program's keynote. The Innovation Project also hosts the industry's 2013 PYMNTS.com Innovator Awards, given to 15 of the industry's top innovators over dinner, which this year will be emceed by B.J. Novak of The Office and will introduce delegates to 40 of the hottest "next generation" payments innovators.
Headquartered in San Diego, CA., Mitek (Nasdaq:MITK) is a mobile imaging software solutions provider that allows users to remotely deposit checks, pay their bills, get insurance quotes, and transfer credit card balances by snapping a picture with their camera-equipped smartphones and tablets instead of using the device keyboard. Mitek's technology increases convenience for the consumer by eliminating the need to go to the bank branch or automated teller machine, and dramatically reduces processing and customer acquisition costs while increasing customer retention. With a strong patent portfolio, Mitek is positioned as the leading innovator in mobile imaging software and currently provides its solutions to Fortune 500 financial services companies. For more information about Mitek, please visit http://www.miteksystems.com.
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