“The company has just closed a $19.5 million series-B funding round led by NEC Corporation and Tano Capital, and featuring contributions from Min Aik Technology Co., Ltd.” Tascent is enjoying a rising profile on the back of a major collaborative partnership and successful funding round. The company’s latest partner is First Advantage, a background check and…
Facial recognition has been a hot topic for a long time now. But with technological advances now pushing the technology into the public sphere more than ever, it has started to attract even more heat in the form of controversy. Police use of the technology in particular has become the subject of a contentious debate…
A major East African telecom is preparing to implement biometric registration for customers who want to swap SIM cards into new devices. Announcing the plans to media, Safaricom CEO Bob Collymore explained that the idea is to curb fraud. One such criminal incident recently led to the arrest of 22 individuals, including Safaricom staffers, according…
Veridium has become a backer of the Sovrin Network, an identity platform based on blockchain technology. Administrated by the non-profit Sovrin Foundation, the platform is envisioned as a kind of global, public utility that is independent of government and business interests. The Sovrin Network is meant to store end user information on a distributed ledger,…
Mastercard is anticipating a big jump in biometrically authenticated payments thanks to new regulations in the European Union. The PSD2 regulation has already officially been implemented in the EU, but its requirements for Strong Customer Authentication won’t come into play until this September. When they do, online payments and account access will require two of…
Live Nation, together with Cisco and TBD Labs, has found scientific, biometric proof that music shows are fun. The companies arranged a St. Vincent concert in which attendees would all wear electroencephalogram (or ‘EEG’) headbands and skin sensors. These would measure listeners’ response to the performance in terms of brainwaves, galvanic skin response, and sweat levels.…
“Our goal is to help design a new banking model, using our biometric authentication technology to bring the unbanked into the financial services system. Additionally, over time, improve their circumstances, making it possible to open a bank account, apply for credit, and achieve a level of financial stability.” – Lori Cohen, CMO, Veridium Veridium has been…
“In a statement, Zighra suggested its FIDO2 adaptation was particularly well-timed given the recent implementation of the European Union’s General Data Protection Regulation (GDPR).” Zighra has adapted the on-device version of its authentication platform to comply with the FIDO Alliance’s latest standard, the Ottawa-based company has announced. Its solution revolves around behavioral biometrics, tracking how…
“…the decision will not take effect immediately, with Thuresson agreeing to remain in his role until a new CFO has been found.” Precise Biometrics‘ Chief Financial Officer is stepping down, the company has announced. In a brief statement, the company said that Göran Thuresson has made the decision “to leave Precise Biometrics and return to a role…
“Essentially, it’s designed to use facial and fingerprint recognition to enable continuous, passive biometric authentication of a smartphone user.” BIO-key has been granted a patent that it believes could be highly valuable to the company given current trends in mobile biometrics market. Entitled, “Utilization of Biometric Data”, the patent was first filed in 2015, and…
Fans of the Belgian soccer club RWD Molenbeek will soon be able to access their home stadium via biometric recognition. The service comes by way of Zetes, and thanks to facial recognition technology from Panasonic. For RWD Molenbeek fans, this means that when season tickets are ordered online, they’ll be asked to upload a selfie.…
America’s Health Insurance Plans (AHIP) Institute & Expo 2018 is slated for next week, and ImageWare is going to take the opportunity to showcase its Pillphone and GoVerifyID solutions. The product of a partnership with American Biometric Solutions at the start of last year, Pillphone (stylized “pillphone”) is a mobile app designed to connect healthcare…
![INTERVIEW: Jumio CRO Robert Prigge Talks GDPR Headaches at Money20/20 Europe [AUDIO]](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/M2020EU18-Jumio-620x350.jpg)
Using a smartphone camera to scan an end user’s face and identity documents – and applying facial recognition to compare them – is an idea that has caught on in a big way over the last year, and Jumio has emerged as one of the top providers of such technology via its Netverify solution. The…
“The development comes about a year after Veridium upgraded the VeridiumID platform to support biometric authentication through mobile apps, and about a month after it enabled VeridiumID support for Citrix Cloud and other Azure Active Directory apps.” A major Swiss bank is going to use VeridiumID across its entire enterprise environment. In a statement announcing…
![INTERVIEW: Biocryptology CEO Ted Oorbals at Money20/20 Europe [AUDIO]](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/M2020EU18-Biocryptology-620x350.jpg)
With fingerprint sensors now widespread across all manner of smartphones, Biocryptology has settled on a ubiquitous biometric basis for its user authentication platform. And with financial services organizations increasingly looking to mobile biometric solutions for customer authentication and onboarding, Money20/20 Europe offers an ideal venue for Biocryptology to reach an audience. To that end, Biocryptology…
![INTERVIEW: FacePhi CEO Javier Mira at Money20/20 Europe [AUDIO]](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/M2020EU18-2-620x350.jpg)
With consumers getting more and more familiar with mobile facial recognition technology thanks to commercial products like Apple’s face-scanning iPhone X, and increasingly doing things like banking and shopping online, various financial services organizations are showing interest in customer verification solutions like that of FacePhi. The company’s system is designed to use a standard mobile…
“It all made for a compelling case during Money20/20 Europe, where biometric authentication has been enjoying a rising profile over recent years and is likely of particular interest now that GDPR has come into play.” Spain-based biometric authentication specialist Biocryptology put biometric authentication in the spotlight on the first day of Money20/20 Europe with a major…
While the premium version of Xiaomi’s new flagship smartphone may be stealing the spotlight, Fingerprint Cards is celebrating the use of its technology in the standard Mi 8 and the budget-friendly Mi 8 SE. The company has revealed that both smartphone models feature its FPC1291 sensor, a “single-chip, single-die” solution first announced in February of…
Google’s face-scanning smart doorbell has hit the UK market. Called Nest Hello, it’s a doorbell with an integrated camera and speaker system, and is designed to connect to other smart home devices via wifi. When someone is at the door, it will send an alert to the user – through a smartphone or Google Home…