Megvii has been exonerated in an investigation into human rights violations in China. The New York-based Human Rights Watch previously uncovered Megvii code in a government surveillance app being used to monitor the Uyghur muslims in Xinjiang back in May. However, the same organization is now reporting that the code was “inoperable,” and that Megvii…
Precise Biometrics is continuing to find new applications for its fingerprint algorithm software. The company recently announced that the Precise BioMatch Embedded algorithm is beneath the hood of eWBM’s FIDO2-certified USB key, and has now revealed that the same algorithm can also be found in a new USB authenticator from Octatco and a smart door…
eWBM recently made headlines when the company’s Goldengate 500 Security Key became the first USB device to achieve FIDO2 Level 2 Authenticator Security Certification. Now Precise Biometrics has given us a look beneath the surface, announcing that eWBM licensed the Precise BioMatch Embedded fingerprint algorithm for the Goldengate 500. According to Precise, the deal will…
Neurotechnology has added its palmprint recognition technology to its flagship MegaMatcher line of products. The solution was declared the fastest and most accurate palm recognition algorithm in a recent FVC-onGoing test, and will now be available to customers through MegaMatcher Accelerator and the MegaMatcher Automated Biometric Identification System (ABIS). “The new palmprint modality provides the…
![MWC 2019: Suprema’s Sales Director Discusses BioSign 3.0, In-Display Tech [Audio]](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/MWC19-Suprema-620x350.png)
Suprema is a regular at industry events like Mobile World Congress, but this year the company has been able to capitalize on a particularly big trend in the mobile sector: in-display fingerprint sensors. It was actually ahead of the curve, showcasing its BioSign 3.0 software‘s support for in-display fingerprint scanning at last year’s MWC. In…
Fingerprint Cards has announced a new biometric software platform aimed specifically at payment card, wearable, and dongle applications. Dubbed “FPC-BEP”, the solution is an adaptation of Fingerprints’ mobile algorithm, and has shown solid results in in-house testing, with the company asserting that it has demonstrated a False Rejection Rate under two percent and a False…
“Hellström’s stock purchase also comes in the wake of CFO Ulrik Nilsson’s purchase of 200,000 shares last month.” Precise Biometrics has just received a loud vote of confidence from its Chairman of the Board, Torgny Hellström. The company has announced that Hellström has purchased 150,000 shares in Precise Biometrics. The move comes at a time of significant change…
“Unisys highlighted four major contracts established during the third quarter in its corporate update, including a deal to provide the US Army with biometric software…” Unisys has issued its Q3 results showing strong growth for the IT solutions provider. Revenues for the quarter came in at $688.3 million, up 3.3 percent year-over-year, and marking the…
FindBiometrics is in Tampa this week, bringing you live coverage from the 2018 Federal Identity Forum & Exhibition (FedID 2018). During day one on the exhibition floor I interviewed David Benini, Vice President, Marketing & Product at Aware. Our conversation began with discussing Aware’s Knomi biometric software and its recent FIDO certification. We went on…
Juniper Research is predicting the rise of software-based biometric authentication in a new report. Entitled “Mobile Payment Security: Biometric Authentication & Tokenisation 2018-2023,” the forecast predicts that end users of such systems will rise from about 429 million this year to 1.5 billion in 2023. The prediction essentially points to the rise of facial recognition.…
BIO-key‘s share offering did better than expected, bringing in gross proceeds of $2.1 million. The move was announced last week, with BIO-key putting forward an underwritten offering of 1,200,000 shares of common stock together with warrants to purchase up to 900,000 more. The offering was closed on August 24th, with BIO-key announcing that it had…
According to Acuity Market Intelligence, revenues stemming from the mobile biometric marketplace will reach $33.3 billion annually by the year 2020. The growth is massive, with revenue from devices, transactions and apps growing at a CAGR of 90 percent. “Mobility is the driving force that will unleash the long awaited biometric revolution,“ says Acuity principal…