ImageWare has issued its Q1 results for 2019, delivering a status quo net result alongside a spike in revenues. With respect to the latter, ImageWare brought in $931,000 in the quarter, compared to $716,000 in Q1 of 2018 – an increase of 30 percent. Its net loss, meanwhile, was $3.6 million, the same as in…
As the biometrics revolution has continued to accelerate over the last several years, the enterprise sector has proven to be one of the ripest areas of adoption. Businesses and other organizations have always had particular security needs, and in the past these have been met with solutions like office keys and security guards. But as…
Precise Biometrics has set a date and revealed the agenda for its Annual General Meeting, and it looks like the company is eager to get some incentives in place for its top leadership. Among the proposals for Precise Biometrics’ shareholders to vote on is a reverse share split, in which ten existing shares would be…
Cancer patients in Japan should have an easier time getting reimbursed for treatments thanks to a new agreement between Nok Nok Labs, Fujitsu, and Aflac Japan. Specifically, Aflac, which was the first insurance provider in the country to offer cancer insurance, has adopted the Nok Nok S3 Authentication Suite, which is being deployed by Fuijitsu…
Innovatrics has announced the launch of ABIS 7, the latest version of its Automated Biometric Identification System. The multimodal biometric platform includes fingerprint, face, and iris recognition capabilities, and can be customized to meet the specific needs of a variety public and private organizations. According to Innovatrics, ABIS 7 is particularly well-suited to the forensic…
“Pending initiatives and our work in the higher price point health care market signal that we are firmly on a path toward profitability.” – Jim Miller, CEO ImageWare Systems ImageWare has issued its year-end corporate update, with its top executive anticipating a bright future for the biometric authentication company. In detailing its Q4 results, the…
GenKey has officially launched ABIS 4.0, updating the identification platform with new biometric matching algorithms that will significantly improve the speed and accuracy of the service. The latest edition of the Automated Biometric Identification System is ten times more accurate than previous versions, while the faster identification times will lower the hardware demands for those…
AppGuard has launched a new mobile app that is designed to provide “zero trust” security for organizations of all shapes and sizes. Dubbed TRUSTICA Mobile, the new app creates a unique key to encrypt every single text message, voice message, and file sent through the service. “Malware and malicious apps can’t steal or expose sensitive…
“Identity IS the new security perimeter and the breadth of our Digital Identity Platform distinguishes us from basic two-factor authentication, biometric, and digital proofing companies. Our solutions are perfect for enterprises, IT Service Providers, and Managed Security Service Providers (MSSPs) across a wide range of industries and vertical markets.” – Jim Miller, CEO, ImageWare Systems…
![MWC 2019: CEO Stefan K. Persson Discusses Precise Biometrics’ Expansion Efforts [Audio]](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/MWC19-Precise-2-card-e1551213340190-620x350.png)
Precise Biometrics has unquestionably established itself as one of the market leaders in providing fingerprint algorithm software for mobile devices over the last several years, with its Precise BioMatch technology used in a wide range of smartphones and adjacent devices. Regardless, the mobile biometrics market has become saturated in the last couple of years in…
“Precise Biometrics’ shift to multimodal biometrics, announced last autumn, has been dubbed “YOUNiQ” and will combine face, fingerprint, iris, and voice biometrics together with location data for user authentication…” Precise Biometrics is keeping focused on the future in its latest corporate update. Reporting its fiscal results for the fourth quarter of 2018, the biometric algorithm…
“The figures we have achieved this year show a consolidation of our business position as a benchmark in the field of fintech and biometric technology” – Javier Mira, CEO, FacePhi FacePhi continues to deliver solid results in its latest year-end fiscal update. The company has enjoyed a rising profile in the financial services sector, particularly…
Precise Biometrics has established itself as a world leader in supplying fingerprint algorithm software. The company has also proven adept at maneuvering to navigate the market changes that have ensued, from the dramatic rise of smartphone-based fingerprint sensors to that market’s saturation to the expansion to multimodal capabilities. Precise Biometrics also has a relatively new…
“With the vast and increasing numbers of companies looking to ID R&D for zero-effort, voice and multi-modal biometric authentication, combined with unique anti-spoofing protection, we needed to expand in size and location to continue the tremendous growth we experienced in 2018.” – Alexey Khitrov, CEO, ID R&D New York-based ID R&D has expanded into Silicon…
The results are in for the latest FindBiometrics Year in Review Survey, with at least some of them confirming the biggest trends observed over the course of 2018. And this can be seen clearly in the responses to Question Three of the survey in particular, which asked, “From your perspective, which biometric modality has been…
A newly-published Apple patent suggests that the company may not be finished with fingerprint scanning on the iPhone, with engineers considering how the Touch ID system could be used alongside facial recognition. While the patent is almost entirely focused on Apple’s new Face ID 3D facial recognition system, it also takes a moment to illustrate…
“In a statement announcing the upgrades, Neurotechnology said that its facial recognition technology is now five times more accurate at the low False Acceptance Rate setting…” Neurotechnology continues to drive into the new year in a high gear, announcing the latest iteration of its MegaMatcher biometrics platform. Arriving just half a year after the announcement…
“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…
“…Laxton placed a strong emphasis on the government applications of its solutions, including registration for biometric civil ID, voter registration, and applications in border control and law enforcement.” Laxton has announced a new lineup of multimodal biometric products, which it plans to unveil at next week’s Trustech 2018 event in Cannes. Devices in the new…