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venture capital

Visa and Mastercard Are Using Biometric Tech Sourced From a Sanctioned Chinese Firm

July 8, 2022

Mastercard and Visa are using facial recognition technology whose algorithm is sourced from SenseTime, one of the Chinese AI firms that have been blacklisted by the US government, according to […]

Ping to Target IAM Startups With New $50 Million Venture Fund

June 22, 2022

Ping Identity is creating a new venture capital fund to help drive innovation in the identity space. The newly launched Ping Ventures will operate under the direction of Anton Papp, […]

ID Tech: Why VCs Are Still Betting On Facial Recognition After the Tech Bubble Burst

June 9, 2022

A few weeks ago, we looked at how the bursting tech bubble is affecting funding for biometrics companies in the private markets. It wasn’t pretty. Investment data and VC sentiment […]

The Tech Bubble Is Bursting. VCs Are Nervous. What Does That Mean for Biometrics?

May 13, 2022

Market watchers have predicted 30 of the last three crashes, but this time the tech bubble really does seem to be bursting. In April, the Nasdaq had its worst decline […]

Mobile-based Biometric Authentication Startup Raises $6.2M

April 28, 2022

OwnID is looking to expand after bringing in $6.2 million in seed funding. The company currently has roughly 20 employees, and wants to double that number in the next year […]

Selfie Onboarding Specialist Announces $20M Series A

March 22, 2022

Shufti Pro has raised $20 million in a Series A funding round, attesting to the considerable excitement about selfie-based remote onboarding technologies. In a statement, Shufti Pro explained that the […]

Passage Launches Beta Version of New Passwordless Authentication Platform

February 2, 2022

A new player is entering the increasingly competitive authentication market. Passage is a passwordless authentication specialist that seeks to take advantage of the biometric hardware that now comes standard on […]

iProov Gets $70M VC Investment From Silicon Valley’s Sumeru

January 6, 2022

iProov has received a vote of confidence from a Silicon Valley investment firm. Sumeru Equity Partners is investing $70 million in the remote identity verification specialist. Focused on potentially high-growth […]

SoftBank Advisor Wants to ‘Expand and Accelerate’ Oosto Collaboration

December 21, 2021

Facial recognition and computer vision “will occupy a central and primary place as a biometric security solution” going forward, according to SoftBank advisory (and former head of Mossad) Yossi Cohen. […]

Passwordless Authentication Startup Completes $90M Series B, Acquisition of Rival

November 25, 2021

San Francisco-based authentication startup Stytch has raised $90 million in additional VC funding and has acquired a fellow passwordless authentication startup. The company has been developing an API and SDK […]

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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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  • Veriff Launches New Anti-Fraud Packages for Organizations
  • WATCH: Around the World with Strong Identity

Biometric Associations

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