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The company was founded in 1986, and is headquartered in San Diego, California.
In 2011, it was announced that Mitek intended to expand into mobile imaging software for the health care and insurance industries, in addition to mobile banking.
In 2014, USAA and Mitek Systems, Inc. settled a 2 + 1 ⁄ 2 -year-old dispute over the invention of the technology used for mobile check deposits, with both companies' patents remaining intact and neither side paying the other.
On May 26, 2015, the company acquired IDchecker, a provider of cloud-based identity document verification and facial recognition products.
On October 16, 2017, the company acquired Icar Vision Systems, a Spanish company specializing in customer identity verification.
In August 2023, Mitek revealed that it had received a delisting notice from the Nasdaq Stock Market due to its failure to file quarterly with the U.S. Securities and Exchange Commission on time. The company presented a new plan for compliance to Nasdaq.