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Mitek Systems Inc. Message Board

  • cappycobracom cappycobracom Apr 3, 2012 2:44 PM Flag

    Silver Lining

    IDK if this has been mentioned at, but I do believe this is the first time we have some insight of the pricing structure Mitek has for MobileDeposit because of this filing.

    Tier 1 (0-5,000,000) $54,600
    Tier 2 (5,000,001 - 10,000,000) $49,140
    Tier 3 (10,000,000 - 15,000,000) $47,415

    10 cents (estimated) a transaction x 5Mil transactions $500K

    Not too shabby.

    Overall, I'm not too worried. USAA has no patents to speak of. Its one thing to share a concept, its another to execute it and patent it. If their tech had any merit, they would have forked over the ducats to patent it.

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3.43-0.4200(-10.91%)Jan 30 4:00 PMEST

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