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Mitek Systems, Inc. (NASDAQ:MITK) has released innovative updates for its Mobile Docs solution. The new identity authentication software solution will allow consumers to promptly scan and submit high-resolution digital file images when processing for a loan or other highly demanding documents from almost any part of the world. The company announced the novel changes today.

Mitek handles huge volumes of documentations from global organizations cutting across various industries including financial services, learning institutions, and insurance industries. The advanced Mobile Docs solution will provide the company with a superior end-to-end digital process for capturing verification details on the users’ identification, revenue, residence, and other significant information.

In June, Mitek announced the newest discharge of its unique Mobile Deposit solution that has inventive capabilities and improvements that augment the performance of the Mobile Deposit for banks and their users. The latest generation is built on the firm’s strong patent portfolio which is the 23rd new update since the company formulated Mobile Deposit about 10 years ago.

According to the company’s chairman and CEO, James DeBello, Mitek is the leading company in Mobile Deposit on the market which it has integrated with the newest model of Mitek MiSnap™. The company’s has invested heavily in the high tech machines that encourage unremitted improvement thus enabling them to deliver outstanding new updates on a continuing basis and an exceptional user experience.

The latest Mobile Docs have extraordinary features including the ability to automatically capture the high-resolution files in any form and size; its simplicity and instinctive user-friendly; and its highly developed security elements that guarantee the safety of individual identification data and image.

In addition, the software has been fully customized with service experience that enables companies to tailor-make its services to fit into their brand and processes. The cross-platform is also available on Android and Mobile Web formats.

Currently, Mitek’s Mobile Deposit solution is accessible by over 5,600 banks and a customer-base of more than 80 million in just United States and Canada alone. The latest versions will help the company cut down operating costs of setting up other facilities.

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Steve Kanaval: Portfolio Manager/Writer/ Market Analyst Steve began his career in the Trading Pits in Chicago making markets at the Chicago Mercantile Exchange (NYSE:CME) the Chicago Board of Trade and the CBOE in the early 80’s. He ran the Morgan Stanley Derivative Prop Trading for the firm specializing in Index Arbitrage. He continued his career as a Trader/Portfolio Manager for multiple Hedge Funds during the Internet Boom of the 90’s managing large portfolios. Steve is known as an expert in MicroCap Technology Stocks and the emerging Digital Currency markets as a Portfolio Manager for his Family Office. Steve has managed portfolio’s in volatile asset classes for 3 decades as a commodity trader, hedge fund manager and digital currency trader and miner. Steve publishes his views on the asset classes in a public forum and has published more than 10,000 articles simplifying these complex and volatile assets for readers. His work is published on multiple sites including Bloomberg, Equities.com, Hacked.com, CryptoCurrencyNews as a paid contributor. His work includes research, journalism and archived video on important market volatility related to stocks, digital currency and other volatile misunderstood asset classes. He offers a humorous, unique insight and the related back stories and drivers for readers interested in volatility and emerging market assets. Full disclosure Steve is long 25 digital currencies and sits on the board of multiple public companies involved in digital currencies, and owns shares in these companies from time to time.