Biometric authentication specialist ImageWare has issued its corporate update for the third quarter of 2019, showing improved year-over-year results. The company saw revenues of $785,000 in Q3, marking a substantial increase compared to its revenues of $736,000 in the third quarter of 2018. Gross profit for Q3 of 2019 came in at $647,000, compared to…
Biometrics News – Fingerprint Recognition IDEMIA has unveiled a new FINRA fingerprint service that allows customers to meet the Financial Industry Regulatory Authority’s strict requirements for fingerprint background checks. While IDEMIA has previously provided custom FINRA solutions for Fortune 500 clients, the new service will be available at more than 500 IdentoGO locations across the…
TSYS has released a new real-time authentication tool that uses machine learning and behavioral analytics to evaluate every interaction between a customer and a financial institution. Dubbed the TSYS Authentication Platform, the system can be used in conjunction with other forms of authentication. According to TSYS, the Authentication Platform will help reduce the threat of…
“Privacy has emerged as a national, and international, priority for business and consumers alike.” – George Wrenn, CEO, CyberSaint Boston-based CyberSaint Security is looking to help organizations comply with new privacy legislation in California, announcing that it has added a California Consumer Privacy Act (CCPA) framework to its CyberStrong platform. Slated to take effect on…
The Financial Industry Regulatory Authority (FINRA) has certified Telos ID as an official vendor of FINRA’s Electronic Fingerprint Submission (EFS) program. In announcing the news, Telos ID noted that the Security Exchange Act of 1934 requires the fingerprinting of every member and employee of a national securities exchange, and that Telos ID is now able…
“…in the wake of stringent age and identity verification regulations implemented by the UK Gambling Commission, the company is looking to ensure compliance with a user friendly solution provided by Jumio.” Jumio has won another client in the online gambling space. Headquartered in Malta, Novibet operates an online gaming platform aimed primarily at the UK…
When it comes to facial recognition, most providers are trying to make it easier to identify individual faces in a crowd. With the launch of SecureRedact, Pimloc is trying to to do the opposite. The new platform uses machine learning technology to scan thousands of hours of video footage, scrubbing any faces that it finds…
The final deadline for compliance with the European Union’s revised Payment Services Directive (PSD2) is coming up in September of 2019. However, a new report from the Aite Group and iovation suggests that most payment services providers are not prepared. And those that do comply are expected to turn to some form of biometric authentication.…
NICE will be touting the benefits of interaction analytics at the Call Center World conference in Germany later this month. Presales Engineer Dr. Uwe Lay will make the pitch during a seminar titled, “How you can achieve organizational change and a better customer experience with interaction analytics,” which will emphasize the need to understand every…
A new partnership could significantly extend the reach of the Itsme mobile ID platform: Signicat, the Norway-based provider of a digital identity platform claiming a client base of over 200 financial services organizations, has added Itsme to its Signicat Digital Identity Platform. The product of a collaboration between Belgian Mobile ID and Gemalto, Itsme is…