FindBiometrics
Global Identity Management
Identity and access management software provider Veridium announced the launch of vFace, its new facial recognition system focused on use in mobile devices. “vFace, our facial recognition software, complements our existing digital fingerprint technologies on VeridiumID – a robust authentication platform. vFace can be implemented on any smartphone with a front camera – replacing expensive […]
Veridium has become the latest biometrics specialist to join Mastercard Start Path, the financial services giant’s startup accelerator program. It’s an impressive feat. Only about 40 startups are admitted to the program each year, and Veridium says it was part of an applicant pool of almost 2,000. Criteria for selection include demonstrated commercial traction, seed […]
Veridium has announced the launch of InMotion, a new VeridiumID software platform that enhances mobile security with behavioral biometrics. The solution is geared towards businesses and individuals, and builds a behavioral profile to supplement other forms of biometric authentication. InMotion specifically focuses on the act of authentication itself. Whenever you use a fingerprint or facial […]
Veridium has shared the findings of its Biometric Consumer Sentiment Survey, revealing that more adults are warming to the benefits of biometric authentication. The survey found that a full 70 percent of respondents would like to see biometric authentication used more often in the workplace, alternately citing speed, security, and convenience (and the difficulty of […]
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, […]
“Organizations continue to see the benefits of biometric authentication, including simplifying and securing the login process and identifying with precision who you are dealing with.” – Michael Powell Veridium has just closed a series-B funding round that brought in $16.5 million, the company has announced. The round was led by Michael Spencer, a high-profile investment […]
“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 […]
“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 […]
“The company said that Nordea’s internal security upgrade is “a critical first step” in a larger enterprise transformation…” Nordic bank Nordea is replacing passwords with biometric security for its internal assets, with Veridium announcing that the effort will revolved around its 4 Fingers TouchlessID and VeridiumAD solutions. In a statement, Veridium explained that Nordea employees […]
Veridium has teamed up with a South Africa-based digital financial services platform to work on a pilot program that could extend access to financial services to many of the unbanked individuals in sub-Saharan countries. Like another startup that trialed a digital banking platform in Africa earlier this year, Humaniq, Veridium’s new partner, Wala, seeks to […]
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