".Mobile Deposit Will Save Americans 282 Million Hours In 2015 -- According to Celent, the mobile user base will increase from 33 million this year to 47 million in 2015. We have found that the average consumer will deposit 18 checks annually,"
47 million users multiplied by 18 avg checks each multiplied by .08 cents per deposit? Is my calculator correct? $67,680,000.00
"NCR will begin offering these solutions immediately."
friendofthetrend, great article. some very encouraging key points. You mentioned "through the roof" How about these gems.
"Gaynor also said that many institutions want to build new account openings into mobile apps. That feature is usually limited to online banking but as the number of mobile-only members ticks up, it's inevitable that account onboarding will be put into mobile banking apps, he added."
" Fiserv is cautiously optimistic about mobile photo bill pay, which is the technology that allows a consumer to snap a picture of a bill to set up a payment."
"Everyone will be using some form of mobile banking and payment in the future and banks without that capability will not be able to compete.”
Sentiment: Strong Buy
Anyone close to Chicago plan on attending? Good chance to ask Debello the important questions.
1. is he done selling stock till shareholders are rewarded?
2. Why not raise MD rates a tad and put the death nail into the shorts?
3. What are his plans to get institutions back on board?
4. Other management personal are talking about "hockey stick" revenues and earnings, why not put out a public press release with sales projections for the next few quarters?
etc... Fill in the rest
James Hale co-founded FTV Capital, which manages over $1.7 billion in growth equity funds, in 1998 and has three decades of management experience in private equity investing and commercial and investment banking.
Victor Nichols most recently served as Chief Executive Officer of North America and President of Global Consumer Services for Experian, the leading global information services company providing data and analytics tools to clients around the world. The company enables businesses to manage credit risk, prevent fraud, target marketing and automate decision making, while allowing individuals to manage their credit worthiness and protect themselves against identity theft.
Previous to this position, Nichols was Experian's Chief Executive Officer for the United Kingdom, Ireland, Europe, Middle East and Africa, and lead Global Marketing Services. He also served as Chief Information Officer and a member of the Management Committee at Wells Fargo & Co. and in senior management positions at Bank of America.
Nichols is a member of the Economics Leadership Council at the University of California, San Diego and serves on several boards including: Bank of Hawaii, Bridgepoint Education, Crystal Cove Alliance, and FTV Capital, Inc. He also served on the Leadership Council for the UCI Bren School of Information and Computer Sciences and on the Dean's Advisory Board, UCI Merage School.
Nichols earned a bachelor's degree in economics from the University of California, San Diego, and an MBA with a concentration in finance from the University of California, Berkeley. Nichols joins Mitek's Advisory Board, which also includes Jane Thompson, former president of Walmart Financial Services; Jim Hale, partner at FTV Capital; Bill Tudor, president of International Learning Corporation and former executive vice president of Scantron Corporation; and John Major, former corporate executive vice president of QUALCOMM, and CTO of Motorola.
nadullah, I was referring to the poster saying that "big shareholders" and "activist shareholders" are getting involved in mitek.
On a side note, today after 4pm we get the 10/30 short data. While its looking in the rear view mirror it will be interesting to see how much, if any, change there is from previous report
Thank you, found them. Probably part of some stock compensation plan. They were issued today. 25% of them will vest 1 year from 11/4/14. they dont expire till 2024. exercise price is 2.66.
nadullah62, I cant seem to find that filing. was that from today? I dont see any info on options, TIA for any guidance.
Kehrmin, any ideas on value at this stage, pre earnings? I hope we dont get robbed of the growth many of us bought for.
Sentiment: Strong Buy
jagan1961, with your kind of flawed logic I guess we should shut down the internet until they can stop data breaches? Maybe we should get rid of credit cards till they can stop fraudulent transactions. Maybe we should also abandon all currency until they can stop counterfeiting?
I would like to quote Kehrmin and reiterate what he said. You are an "idiot"
I cant say I blame him. How could he show his face again? He said once this went to 1.80 that it would be lights out as it marched to .80 cents being going out of business.