This week’s roundup of FindBiometrics’ top stories is all about corporate strategic positioning, in a variety of forms – perhaps demonstrating the dynamism of the identity industry.
One example arrives in the form of M&A activity. Interac got a lot of attention this week with the news of its acquisition of SecureKey’s Canadian business. SecureKey is an important provider of digital identity solutions in the country, especially with respect to its Verified.Me and Verified.Me Government Sign-In solutions:
Socure, meanwhile, went ahead with a different kind of strategic acquisition. The company announced that Matt Thompson, a seasoned veteran of the biometrics and identity space with deep expertise in the government sector, has joined the company as General Manager of Public Sector Solutions:
This week also brought news of an interesting pivot from Imageware, which is taking aim at the emerging Self Sovereign Identity space. There is ample opportunity to leverage the benefits of biometrics in SSI, and Imageware is working on tailored solutions. It has also joined two major standards organizations focused on decentralized identity:
FindBiometrics readers also showed sustained interest this week in a noteworthy strategic move on Amazon’s part. Amazon Web Services has officially launched Amazon Connect Voice ID, a voice authentication tool for contact centers. It’s the latest sign of Amazon’s growing interest in biometric technology, with the company having received a lot of attention (and scrutiny) for its facial recognition tech over the past few years, and having recently launched a palm scanning solution for retail checkout and access control:
And finally, an example of corporate strategy that everybody in the identity security industry can get behind: implementing passwordless authentication for customers. A new case study details how a challenger bank nearly eliminated fraud by deploying sophisticated, low-friction anti-fraud technology from Incognia:
Stay tuned to FindBiometrics for the latest news from the exciting world of biometrics. You can also visit our sibling site Mobile ID World to read the latest about digital identity.
October 9, 2021 – by Alex Perala