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,…
“BioSP is the leading biometric platform because of its rich feature set, rapid configurability, and proven reliability for mission-critical applications, all provided as an off-the-shelf software product.” – Rob Mungovan, Vice President Biometrics at Aware. Aware, Inc. has won a major biometric contract with the UK government, the company has announced. It’s going to assist…
![INTERVIEW: Precise Biometrics’ Fredrik Sjoholm at Money20/20 Europe [AUDIO]](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/HiRes6-620x350.jpg)
Precise Biometrics established itself as one of the world’s top providers of fingerprint algorithm software thanks at least in part to its prudent acumen, with the company having established a key partnership with fingerprint sensor provider Fingerprint Cards early on in the game, and later expanded its roster of partners as the mobile biometrics market…
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As one of the earliest pioneers of consumer-facing mobile biometric authentication, Daon is now a widely established player in this growing part of FinTech. Its IdentityX platform, which offers a number of modalities for end user authentication including facial, fingerprint, and voice recognition, has been embraced by a range of financial services institutions including Mastercard,…
The future of vehicles is looking chatty thanks to the collaboration between Nuance Communications and Daimler AG. Working together the companies developed an advanced infotainment system and digital assistant experience: the Mercedes-Benz User Experience (MBUX) multimedia system. Built specifically for the new A-Class and other future Mercedes models, MBUX is powered by conversational AI technology,…
“It is capable of matching a fingerprint within a Secure Element, and Precise Biometrics says it can support fingerprint sensors as small as 30mm².” Precise Biometrics has officially unveiled its new fingerprint matching algorithm solution for the smart card market, dubbed Precise BioMatch Card. It isn’t an entirely new solution, but rather an adaptation of…
“…Sensory says the system now allows users to be enrolled passively, with the system’s AI dynamically modelling their voice biometrics as they speak – a functionality that may tie into the company’s assertion that the system works with all languages and dialects.” Sensory has upgraded the voice biometrics capabilities of its TrulySecure platform. The enhancements…
“Aware noted that it plans to demonstrate its Knomi solution at the Connect:ID exhibition in Washington next week…” Enterprise Security Magazine has named Aware, Inc. a “Top Ten Multifactor Authentication Solution Provider of 2018,” the latter has announced. The recognition granted Aware a profile in the March edition of Enterprise Security Magazine. The profile focuses…
Aware, Inc. has issued its Q4 and 2017 year-end results. Revenues for the quarter were down, coming in at $3.3 million compared to $3.9 million in Q4 of 2016. For the full year, revenues totaled $16.3 million, compared to revenues of $21.6 million for the previous year. Similar trends were seen in net income: While…
“…Precise Biometrics sees opportunities beyond the mobile sector…” Precise Biometrics has issued its Q4 and year-end fiscal results, and it looks like the company has suffered under the same market forces that have depressed other businesses in the industry. Adjusting figures to exclude its Tactivo reader business area, which has now been sold off, Precise…
Aware, Inc. is illustrating the benefits of its Knomi mobile biometric authentication platform – literally. The company has just released a new, animated video that shows how Knomi can make life easier on a day-to-day basis for end users: The video starts things off by showing how Knomi can enable biometric facial recognition on a…
Precise Biometrics has expanded its licensing partnership with Crossmatch, allowing the latter to continue to use Precise BioLive liveness detection technology in its four-finger biometric scanners, and to now bring it to single-fingerprint scanners as well. The licensing arrangement came to Precise Biometrics by way of its acquisition of NexID Biometrics in early 2017. NexID…
“[GEMADEC]’s interest in Daon’s IdentityX platform is thus understandable: IdentityX is a multimodal biometric authentication system that has been widely embraced, particularly in the financial services industry, as a growing number of businesses seek to take advantage of biometrics for customer onboarding and security.” A new partnership should considerably extend the reach of Daon‘s biometric…
As part of the FindBiometrics Year in Review 2017 we approached industry executives and thought leaders to get their comments on the past 12 months in the biometrics industry, and what’s in store for 2018. Precise Biometrics is a major name in fingerprint biometrics thanks to its prolific Precise BioMatch algorithm software solutions. Thanks to…
“Designed as an all-in-one smart card that can support payment, access control, and ID applications, The Card features an embedded fingerprint sensor that can biometrically authenticate a cardholder as the card is used…” Precise Biometrics‘ algorithm software is being used in ‘The Card’. It’s a biometric smart card solution from Korea-based ManeulLab, and was demonstrated…
“…both apps get the same sophisticated capabilities through Daon’s IdentityX platform, allowing users to log in via facial, fingerprint, or voice recognition.” Daon‘s flagship biometric authentication platform is being used in another bank’s mobile banking app, this time in Sri Lanka: Nations Trust Bank has announced that the technology is being used for user authentication…
Precise Biometrics‘ Q3 report finds the company in the red, but a technological shift is getting underway that should help to bring the company back to profitability next year, suggests Precise Biometrics’ new corporate update. The company’s net sales for the third quarter came in at just under SEK 10.1 million, compared to SEK 22.5…
Mobile ID World President Peter O’Neill recently spoke with Håkan Persson, CEO of Precise Biometrics. The conversation details the transformative period the company has navigated in 2017, beginning with discussion of how it is addressing last year’s announcement that its long-time hardware partner, Fingerprint Cards (FPC), will be replacing Precise’s algorithm solutions with its own biometric…
Aware, Inc. has long been one of the big names of the biometrics industry, applying its technology across the consumer, commercial, and government sectors. As disclosed in its latest quarterly update, the company has lately placed a strong focus on R&D, and that has evidently borne fruit in the form of Knomi, Aware’s new mobile…