corporate news

Synaptics Brings on Dean Butler as New CFO

Synaptics Brings on Dean Butler as New CFO

The Synaptics C-suite transformation continues with the appointment of Dean Butler as the company’s new Chief Financial Officer. Butler joins the company only a few short months after Michael Hurlston took over as the new CEO, and inherits the position from interim CFO Kermit Nolan, who will officially step down on October 21. Butler previously…

Featurespace Brings on Fraud and Financial Crime Software Expert

Featurespace Brings on Fraud and Financial Crime Software Expert

Biometrics News – Behavioral Biometrics Featurespace has hired Dena Hamilton in an effort to improve its anti-fraud capabilities. Hamilton is signing on as the company’s new Fraud and Financial Crime market expert, and arrives with more than 20 years of experience in the field of financial crime prevention. Hamilton has particular expertise in software product…

Thales Details High Expectations for Gemalto-infused Business Unit in Investor Note

Thales Details High Expectations for Gemalto-infused Business Unit in Investor Note

Biometrics News With its acquisition of Gemalto earlier this year, Thales has established a new “Digital Identity and Security” (DIS) business unit, and has laid out some lofty expectations for the division in a note to investors. According to Thales, the DIS unit comprises Gemalto as well as “a number of digital businesses previously assigned…

Synaptics Sets Date for First Quarterly Update Under New CEO

Synaptics Sets Date for First Quarterly Update Under New CEO

Synaptics has set a date for its next quarterly report: The update will be issued on November 7 after market close. The forthcoming corporate update will reflect the first quarter of Synaptics’ 2020 fiscal year, and will follow a Q4 2019 update in which the company reported lower than expected revenues of $295.1 million, just…

Aware Promotes Biometrics VP to Chief Commercial Officer

Aware Promotes Biometrics VP to Chief Commercial Officer

Biometrics News Aware, Inc. has announced another high-profile executive appointment, with a longstanding employee being promoted to the position of Chief Commercial Officer. Robert M. Mungovan has been with the company since 1997, when he came on as its Sales and Marketing Manager for Biometric Software. In 2000, Mungovan took on the position of Aware’s…

Former IDEMIA Exec is Aware’s New CEO

Former IDEMIA Exec is Aware’s New CEO

A former IDEMIA executive is Aware, Inc.‘s new Chief Executive Officer. Robert – or “Bob” – Eckel joins the Aware team as both CEO and a new member of the Board of Directors, while previous CEO Kevin Russell has been named the company’s Chief Legal and Administrative Officer. Eckel served as CEO of MorphoTrust starting…

Swiss Investment Firm Commits to €4M in Backing for FacePhi

Spain-based biometric authentication specialist FacePhi has received some significant financial backing from Nice & Green, a Swiss investment firm that offers investment capital to small and medium-sized listed companies. The latter has committed to delivering capital valued at 4 million euros through September of 2020. The backing will come in the form of warrants valued…

IDEMIA Announces High-Profile New CMO

IDEMIA Announces High-Profile New CMO

IDEMIA has appointed a high-profile marketing specialist as its Chief Marketing Officer for North America: former Noveto Systems CEO Brian Wallace. Wallace has helmed Noveto Systems since June of last year, with previous advisory and executive roles with i.am+, Playground Global, Magic Leap, and Google, where he served as Global Brand and Product Marketing VP…

New Daon Appointment May Hint at Stronger Government Focus

New Daon Appointment May Hint at Stronger Government Focus

A former tech executive with some pretty substantial government experience is Daon‘s new President of Emerging Markets. In the tech world, John Sanders may be best known as a co-founder of Reveal Imaging Technologies, which he led as VP from 2003 to 2010. More recently, he served as CEO of Pramantha Solutions, a government-focused data…

Ping Identity to Make IPO on NYSE

Ping Identity to Make IPO on NYSE

Ping Identity is gearing up for a planned IPO, announcing that it’s offering 12,500,000 common stock shares pursuant to a prospectus filing with the Securities and Exchange Commission. The company hasn’t yet set a date for its stock market debut, but says that its shares have been approved for listing on the New York Stock…

New Customers and Strategic Partnerships Drive Year-Over-Year Growth for Onfido

New Customers and Strategic Partnerships Drive Year-Over-Year Growth for Onfido

Onfido is boasting about a stellar year after posting a 171 percent year-over-year growth in sales for the second quarter. The company credited the strong growth to a number of different factors, including a series of new customers and strategic partners. “Our core identity verification business is continuing to meet and exceed the market need…

BioConnect Gets $3.9 Million in Federal Funding for Expansion Effort

BioConnect Gets $3.9 Million in Federal Funding for Expansion Effort

“FedDev Ontario’s support is a material catalyst for us to continue to invest aggressively in BioConnect’s future. We are a very proud Canadian company committed to the GTA and we will leverage this partnership to continue to grow our presence globally.” – Rob Douglas, Founder, Chairman and CEO, BioConnect Toronto-based biometrics specialist BioConnect is poised to…

Exec with Marketing, Payments Experience is NEXT Biometrics’ New CEO

Exec with Marketing, Payments Experience is NEXT Biometrics’ New CEO

“NEXT’s unique fingerprint sensor technology and the growth potential of its target markets provides the foundation to further scale the business and reach the Company’s true potential.” – Peter Heuman, CEO, NEXT Biometrics NEXT Biometrics has found its next CEO in Peter Heuman, an executive with experience in media marketing and financial services. In announcing…

Forbes Technology Council Extends Invite to ID R&D President

Forbes Technology Council Extends Invite to ID R&D President

ID R&D President Alexey Khitrov is the newest member of the Forbes Technology Council. Khitrov was asked to join the exclusive group based on his experience and past achievements. Like all Forbes Councils, the Forbes Technology Council is an invitation-only gathering of executives who have demonstrated the ability to grow a business. Members are also…

NEXT Biometrics CEO Anticipates ‘Hypergrowth’ in Biometric Smart Cards: Q2 Update

NEXT Biometrics CEO Anticipates ‘Hypergrowth’ in Biometric Smart Cards: Q2 Update

Revenues are up in NEXT Biometrics latest quarterly update, with the company highlighting advancements in its Aadhaar market activities and in promoting its new FAP 20 fingerprint sensor. For the second quarter of the 2019 fiscal year, NEXT Biometrics’ revenues came in at NOK 30.1 million, an improvement of 18 percent compared to Q2 of…

Goodix to Acquire NXP Semiconductors’ Voice and Audio Solutions Business

Goodix to Acquire NXP Semiconductors’ Voice and Audio Solutions Business

Goodix has entered into a definitive agreement to acquire NXP Semiconductors’ Voice and Audio Solutions (VAS) business. The deal includes offices in Europe and Asia as well as intellectual property holdings related to VAS. Having established itself as an important supplier of fingerprint scanning solutions for smartphones, including the in-display sensor technology that is currently…

Precise Biometrics Q2 Update Sheds Light on Smart Card Plans

Precise Biometrics Q2 Update Sheds Light on Smart Card Plans

“As previously communicated, we are expecting modest initial volumes of biometric smart cards to be delivered at the end of 2019, followed by larger volumes in 2020.” – Stefan K. Persson, CEO, Precise Biometrics Precise Biometrics has issued its latest quarterly results, depicting a dip in revenues but continuing progress in the company’s three key…

ImageWare CEO Optimistic in Q2 Update

ImageWare CEO Optimistic in Q2 Update

ImageWare has issued its Q2 results for 2019, with the company’s senior executive remaining upbeat in the face of lower-than-expected numbers. Revenues for the quarter ended June 30th came in at $812,000, compared to revenues of $1,885,000 in Q2 of 2018. In reporting the change, ImageWare noted that last year’s Q2 earnings reflected one-time, non-recurring…

Facial Recognition Specialist VSBLTY Brings on a Pair of New Executives

Facial Recognition Specialist VSBLTY Brings on a Pair of New Executives

VSBLTY has added two new members to its executive team. The company has announced that Matthew Pruitt will be taking over as the new Chief Experience Officer (CXO), while Paul Rinaldi has signed on as the company’s first Senior Client Services Director for Retail. The latter is a newly created position that will focus on…

Ipsidy CEO Highlights Global Growth Efforts in Q2 Update

Ipsidy CEO Highlights Global Growth Efforts in Q2 Update

“We are focused on specific international opportunities, where we are starting to see active interest in our solutions.” – Philip Beck, Chairman & CEO, Ipsidy Ipsidy has announced its results for the second quarter (Q2) of the 2019 fiscal year, ended June 30th. Revenues for the quarter came in at $0.6 million, compared to revenues…

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