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Mitek (MITK +22.1%) has soared after announcing U.S. Bank will offer Mitek's Mobile Photo Bill...
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Wednesday, December 5, 2012, 10:22 AM ETMitek (MITK +22.1%) has soared after announcing U.S. Bank will offer Mitek's Mobile Photo Bill Pay product, which allows users to make payments by taking a picture of their bill with their smartphone/tablet cameras, to its customers starting in early 2013. Mitek, which had 22% of its float shorted as of Nov. 15, has seen its shares crushed this year thanks in large part to the unraveling of its partnership with USAA.
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