• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

FindBiometrics

FindBiometrics

Global Identity Management

  • Biometrics
    • What are Biometrics?
    • FAQ
    • Biometric Associations
    • Companies
    • Premier Partners
  • News
    • Featured Articles
    • Interviews
    • Thought Leadership
    • Podcasts
    • Webinars
    • Year in Review
  • Applications
    • Biometric Security
    • Border Control and Airport Biometrics
    • Consumer and Residential Biometrics
    • Financial Biometrics
    • Fingerprint & Biometric Locks
    • Healthcare Biometrics
    • Justice and Law Enforcement Biometrics
    • Logical Access Control Biometrics
    • Mobile Biometrics
    • Other Biometric Applications
    • Physical Access Control Biometrics
    • Biometric Time and Attendance
  • Solutions
    • Behavioral Biometrics
    • Biometric Sensors and Detectors
    • Facial Recognition
    • Biometric Fingerprint Readers
    • Hand Readers & Finger Scanners
    • Iris Recognition
    • Biometric Middleware and Software
    • Multimodal Biometrics
    • Physiological Biometrics
    • Smart Cards
    • Vein Recognition
    • Voice and Speech Recognition
  • Stocks
  • Events
  • Companies
  • Podcasts

Amid COVID-19, RealNetworks Pivots Biometric Solution to Healthcare

April 30, 2020

In a new post on its website, Seattle-based digital media software and services company RealNetworks released an outline regarding the steps it is taking to address the impact the COVID-19 outbreak is having on its business operations.

Biometrics News - Amid COVID-19, RealNetworks Pivots Biometric Solution to Healthcare

The post states the company’s plans to pivot its SAFR facial recognition platform to focus on public health and safety, saying that its engineers have been working on new healthcare-focused SAFR-based products that are expected to be released in mid-2020.

Earlier this month it was also reported that SAFR was already working toward making its facial recognition algorithm work better at identifying people wearing masks due to the growing reliance on them as a result of the COVID-19 pandemic.

The company also notes that it is taking measures to cut costs elsewhere — including by freezing salaries and modifying its executive bonus program that includes CEO Rob Glaser — in order to focus its resources on the SAFR initiative.

RealNetworks has also received $2.87 million in funding from the U.S. government’s Paycheck Protection Program as part of the Coronavirus Aid, Relief and Economic Security Act, which the post says will be used to keep staff members paid at their current salaries while also enabling them to bring several staff back from furlough.

“The extraordinary circumstances in which we are all now living have brought significant challenges to RealNetworks, and we are grateful that the CARES Act is helping businesses like Real weather this storm with our workforces largely intact,” said Glaser. “Combined with other measures, the additional funds from the PPP loan will ensure that our employees are able to continue supporting our customers and enhancing our digital products and services, both to serve current customers and to address newly important societal needs,” he added. 

The post also reported that the company received notice from The Nasdaq Stock Market informing it that it no longer meets the minimum bid price requirement and has until December 28th to regain compliance; it expects to take action in the coming months to do so well before the stated deadline.

Finally, RealNetworks reports that it will be providing further information on the impacts of COVID-19 on its other businesses during its earnings call on May 6th. It did reaffirm, however, that its Q1 2020 results met or exceeded the guidance provided by the company on February 5th, 2020.

–

April 30, 2020 – by Tony Bitzionis

Related News

  • SAFR Details Face Mask Performance of Facial Recognition PlatformSAFR Details Face Mask Performance of Facial Recognition Platform
  • RealNetworks Encourages Mask Compliance With New Mask Detection KiosksRealNetworks Encourages Mask Compliance With New Mask Detection Kiosks
  • Biometric Video Analytics Solution Allows 15,000 Fans to Attend UEFA Super CupBiometric Video Analytics Solution Allows 15,000 Fans to Attend UEFA Super Cup
  • SAFR Upgrades Biometric Platform’s Mask Detection CapabilitiesSAFR Upgrades Biometric Platform’s Mask Detection Capabilities
  • NEC Improves Accuracy of Biometric Engine for People Wearing MasksNEC Improves Accuracy of Biometric Engine for People Wearing Masks
  • Hanoi Authorities Deploy Biometric Mask DispensersHanoi Authorities Deploy Biometric Mask Dispensers

Filed Under: News Tagged With: Biometric, coronavirus, corporate updates, COVID-19, COVID-19 pandemic, face masks, facial recognition, pandemic, RealNetworks, SAFR

Primary Sidebar

Want To Deploy Biometric Access? Download This First:

The resources in this bundle will give you the know-how to choose the right biometric access for your organization.

Sponsored Links

facetec logo

FaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

TECH5 logo

TECH5 is an international technology company founded by experts from the biometrics industry, which focuses on developing disruptive biometric and digital ID solutions through the application of AI and Machine Learning technologies.

TECH5 target markets include both Government and Private sectors with products powering Civil ID, Digital ID, as well as authentication solutions that deliver identity assurance for various use cases. 

Learn more: www.tech5.ai

With its secunet border gears product portfolio and specialised consulting expertise, secunet supports police forces and security authorities in their sovereign tasks. Whether ABC gates, self-service kiosks or biometric middleware – each component helps to strengthen identity protection and to accelerate verification – in mobile and stationary scenarios.

Mobile ID World Logo

Mobile ID World is here to bring you the latest in mobile authentication solutions and application providers. Our company is dedicated to providing users with the best content and cutting edge information on technology, news, and mobile solutions for your mobile identity management needs.

Recent Posts

  • Highlighting Biometric Security, NC DMV Head Pushes for Mobile Driver’s License
  • NY Attorney General Takes Aim at Madison Square Garden: Identity News Digest
  • [New Sponsors Announced] Feb 15 Virtual Summit Sessions Announced: Digital ID in Healthcare, Financial Services, Travel
  • After 250% Revenue Spike, São Paulo Onboarding Startup Goes Global
  • In Pursuit of Digital ID: Identity News Digest

Biometric Associations

IBIA and fido

Tweets

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2023 FindBiometrics