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Megvii

Megvii Files to List on China’s ‘Star Market’ Exchange

January 14, 2021

“The market’s aim is to foster the development of Chinese tech companies, allowing IPOs for companies in areas like AI, biotechnology, and clean energy.” Determined to go public, controversial China-based […]

Report: Huawei and Megvii Designed Facial Recognition System to Target Uighur Minorities

December 11, 2020

The Washington Post has obtained a report that indicates that Huawei and Megvii worked together to build a surveillance system that would identify members of China’s Uighur Muslim minority group. The […]

SenseTime Anticipates $750 Million in Revenue Despite U.S. Blacklisting

December 10, 2019

Chinese Artificial Intelligence startup SenseTime has reported that it expects revenue for the 2019 fiscal year to come in at $750 million, despite being one of a number of Chinese […]

Hong Kong Regulators Want More Info Before Megvii IPO Can Be Approved

November 27, 2019

Beijing-based facial recognition company Megvii has indeed pressed ahead with its push for a Q4 IPO in Hong Kong, but has reportedly run into a regulatory obstacle. Citing anonymous sources […]

Moscow Court Ruling May Open Door to Biometric Surveillance

November 11, 2019

The Savelovsky court of Moscow has ruled against the notion that the use of facial recognition cameras is in violation of the Russian Constitution with regards to the collection of […]

Taiwanese Minister Orders Investigation of Megvii Following US Blacklisting

October 17, 2019

Biometrics News – Facial Recognition Taiwanese Economic Minister Sheng Jong-chin has ordered an investigation into Chinese company Megvii Technology following its inclusion in a list of 28 Chinese entities that […]

Megvii Aiming for November IPO Despite Blacklisting: Report

October 16, 2019

“The blacklisting does not prevent companies from purchasing Megvii’s products and services, but it does prevent companies from selling to Megvii, which means that Megvii has been unable to buy […]

Facial Recognition Specialist Megvii Files for IPO: Reports

August 26, 2019

Amid political turmoil and controversy over biometric facial recognition, Hong Kong-based Megvii has filed for an IPO aimed at a $500 million target. Citing anonymous sources, Reuters reports that Megvii’s […]

Human Rights Watch Clears Megvii in Investigation of Biometric Surveillance App

June 10, 2019

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 […]

Megvii Raises Millions from State, Foreign Banks Amid Human Rights Watch Controversy Over Biometric Surveillance

May 10, 2019

Hong Kong-based AI specialist Megvii has raised $750 million through its latest funding round, the company has announced. The news comes after Megvii raised $600 million in an investment round […]

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Sponsored Links

facetec logo

FaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

TECH5 logo

TECH5 is an international technology company founded by experts from the biometrics industry, which focuses on developing disruptive biometric and digital ID solutions through the application of AI and Machine Learning technologies.

TECH5 target markets include both Government and Private sectors with products powering Civil ID, Digital ID, as well as authentication solutions that deliver identity assurance for various use cases. 

Learn more: www.tech5.ai

Mobile ID World Logo

Mobile ID World is here to bring you the latest in mobile authentication solutions and application providers. Our company is dedicated to providing users with the best content and cutting edge information on technology, news, and mobile solutions for your mobile identity management needs.

HID logo

HID powers the trusted identities of the world’s people, places and things. Our trusted identity solutions give people convenient and secure access to physical and digital places and connect things that can be identified, verified and tracked digitally. Millions of people use HID products to navigate their everyday lives, and billions of things are connected through HID technology. https://www.hidglobal.com/

Prove Logo

As the world moves to a mobile-first economy, businesses need to modernize how they acquire, engage with, and enable consumers. Prove’s phone-centric identity tokenization and passive cryptographic authentication solutions reduce friction, enhance security and privacy across all digital channels, and accelerate revenues while reducing operating expenses and fraud losses. Over 1,000 enterprise customers use Prove’s platform to process 20 billion customer requests annually across industries including banking, lending, healthcare, gaming, crypto, e-commerce, marketplaces, and payments. https://www.prove.com/

Recent Posts

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  • China Strives for Super SIMs – Identity News Digest
  • UK Parliament Passes a Potentially Impactful Bill – Identity New Digest

Biometric Associations

IBIA and fido

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