Business activity in the biometrics industry is keeping its quick pace as we approach the end the year, and this week accordingly brought some big news concerning deployments, appointments, and M&A activity, all of which are reflected in this week’s roundup of FindBiometrics’ top stories. It also shows strong reader interest in some special FindBiometrics programming.
Our upcoming webinar on November 9th, for example. Titled “Entering the New Era of Biometric FinTech“, the webinar will explore how biometric technologies have continued to help transform the financial services sector in the wake of the COVID-19 pandemic. Readers showed strong interest in the updated webinar announcement naming the discussion’s roster of participants, which will include Money20/20 Editor in Chief Sanjib Kalita and Oz Forensics Co-Founder and COO Svetlana Efimova:
FindBiometrics visitors were also interested in the announcement of this year’s FindBiometrics Year in Review Survey. Now in its 19th year, the annual survey offers the biometrics industry its clearest look in the mirror, collecting responses from professionals in fields within and adjacent to the biometrics space. If that sounds like you, please – take a few minutes to share your thoughts on some of the most important topics of discussion in the industry today:
As for industry news proper, this week brought a big development for FacePhi. The company has become a prominent vendor of selfie-based onboarding solutions in the financial services sector in particular, but is now expanding in the air travel sector thanks to a new partnership with AENA, Spain’s top airport operator. AENA has awarded FacePhi a four-year contract valued at roughly €1.5 million:
Another major player in the biometrics industry, meanwhile, got some attention with two promotions to its executive team. Julia Schoonenberg is now IDEMIA’s Executive Vice President of Financial Institutions, having previously served as the company’s SVP of Financial Institutions in the Middle East and Africa; and Matt Cole, the former head of IDEMIA’s Secure Enterprise Transactions business unit, is now the Executive Vice President of Public Security and Identity:
And finally, some M&A news. Fraud prevention specialist Sift has completed its acquisition of Keyless. The transaction will see Keyless’s passwordless authentication technology integrated into Sift’s Account Defense solution, enabling end users to sign into digital accounts using selfie-based biometric authentication:
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.
November 27, 2021 – by Alex Perala