Biometric cybersecurity startup Keyless has raised $2.2 million in its latest round of seed funding to expand on a product that uses biometrics to unlock users’ private keys. Keyless uses multi-party computation (MPC) at the heart of its service, a process where the users’ security key itself is split into multiple encrypted parts and then…
FindBiometrics is reporting live from Las Vegas this week, where the biometrics and digital identity industries are converging on Money20/20 USA – the world’s preeminent financial services conference. On Monday, FindBiometrics VP of Digital Content Susan Stover caught up with Husayn Kassai, CEO and Co-founder, Onfido. The live interview begins on the topic of Onfido’s…
Money20/20 USA runs October 27-30, 2019, in Las Vegas. FindBiometrics is reporting live from Money20/20 USA this week, conducting audio interviews with identity experts at the world’s leading FinTech conference and bringing you all the breaking financial biometrics news announced in Las Vegas. As part of our premier biometrics media partnership with Money20/20, FindBiometrics is…
Biometrics News – Financial Services Daon and Union Systems Limited (USL) have announced a strategic partnership that will bring Daon’s biometric authentication services via their IdentityX platform to USL’s customers throughout the African market. Daon is a pioneer in methods for secure and convenient cross-channel biometric authentication. Their history of deployments include payment verification, digital…
Jumio continues to race ahead on the 2019 awards circuit, taking home multiple prizes at the 2019 Cyber Defense Global Awards. The company was selected as the Leader in Authentication and Most Innovative in Biometrics, while Ervinna Lim was recognized in the individual Women in Cybersecurity category. Presented by Cyber Defense Magazine, the Cyber Defense…
Having only been founded in 2016, ID R&D has enjoyed a rapidly rising profile in the biometrics industry over the last few years, with the company continuing to gain momentum over the course of 2019. The New York-based company kicked off the year by opening a new office in Silicon Valley, and it went on…
Ping Identity has released a new self-service portal that makes it easier for enterprises to integrate their own identity and access management (IAM) solutions. Dubbed PingCentral, the platform comes with standardized workflows and templates that will show IAM professionals how to make minor changes to an existing system or how to deploy new security applications…
The FIDO Alliance received considerable praise during last week’s House hearing on Identity in Financial Services. Speaking before the US House of Representatives Committee on Financial Services on behalf of the Better Identity Coalition, Venable LLP’s Jeremy Grant identified three main challenges facing modern financial institutions, and argued that FIDO standards offer potential solutions to…
MobileIron has released a new zero sign-on solution that allows employees to access cloud services at work with their iPhone instead of a password. The enterprise-level solution leverages MobileIron’s unified endpoint management platform, and treats the mobile device as a form of secure identity when logging into cloud applications like Office 365. The service is…
“Together with HYPR, ForgeRock’s Intelligent Authentication technology can ensure that the end-user gets the best possible authentication method at any time, in any channel.” – Ben Goodman, Senior Vice President, Global Business and Corporate Development, ForgeRock HYPR and ForgeRock have teamed up on a new digital security solution, the companies have announced. In a statement,…
NuData Security’s Senior Vice President and Chief Technology Officer is taking over as the company’s new CEO. Christopher Bailey will be replacing company co-founder Michel Giasson, who is retiring after 12 years of service as the former CEO. Though the assignment is technically a promotion, Bailey co-founded NuData alongside Giasson in 2007 and is extremely…
“BioTect-ID can be used to lock down any Windows device, and represents an expansion of BSI’s existing BioSig-ID identity verification solution.” Biometric Signature ID (BSI) has announced the launch of BioTect-ID, a new identity verification solution that combines a 4-character password with gesture recognition. The platform asks users to draw their password with a finger,…
The FIDO Alliance has continued to gain traction in 2019, and is increasingly becoming the security standard that tech manufacturers are expected to meet before competing in the modern marketplace. At least, that’s the takeaway from the list of companies that achieved some form of FIDO certification in the first quarter of the year. The…
MasterCard has published a new paper in an effort to build a more consumer-friendly understanding of digital identity. Restoring Trust in a Digital World argues that digital autonomy is a fundamental human right, and seeks to give people more control over their identities based on a set of principles that prioritizes transparency, security, privacy, inclusion,…
Behavioral biometrics are a powerful identity tool that can be used for frictionless authentication and anti-fraud purposes, and as new advances in AI, mobility and connectivity emerge, the invisible modality is evolving to serve even more applications. To learn more about the latest advances in behavioral biometrics, FindBiometrics Managing Editor Peter Counter spoke with a…
“From all of this great news, the key takeaway is that the time to deploy FIDO is now.” – Andrew Shikiar, Chief Marketing Officer, FIDO Alliance The FIDO Alliance has a lot to celebrate lately, including winning SC Media’s 2019 Editor’s Choice Award at RSAC 2019 this month. Acknowledging the win in a post on…
As the biometrics landscape continues to evolve, various next generation authentication modalities are emerging to better best serve the specific security and convenience needs of relying parties. Among these new modalities is gesture biometrics, like those offered by Biometric Signature ID, a leader in this new frontier of identity and authentication. Susan Stover, Director of…
Facial recognition proved to be the hot topic with respect to this week’s most-read articles on FindBiometrics, though a couple of other important trends also shared the spotlight. One of the latter was the ongoing integration of biometric technologies into consumer laptops and PCs, in this case from Microsoft: Microsoft Patents a Windows Key Fingerprint…
“BioCatch’s approach here is notable for not needing to rely on specialized hardware, making it another one of the many behavioral metrics – the company says it uses 2,000 of them – that can be analyzed by BioCatch’s technology via a software-based approach.” BioCatch has further solidified its IP holdings with a newly granted patent,…