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…
Veridium has received a grant award to help the company pursue Android authentication solutions for populations in developing countries. The grant comes by way of the Digital Financial Services Innovation Lab, a fintech accelerator program supported by the Bill and Melinda Gates Foundation. The funds will be used for a pilot project in a developing…
Veridium is on hand at this week’s Connect:ID expo to showcase software updates to its VeridiumID, VeridiumAD, and 4 Fingers TouchlessID solutions. The VeridiumID update introduces a new security protocol enabling biometric authentication for mobile applications. It also brings transaction signing and behavioral biometrics capabilities into play, and allows biometric matching to be performed on…
Veridium has taken the opportunity of this week’s RSA Conference to launch a new authentication solution for the enterprise. Called VeridiumAD, the platform is designed for deployment in Microsoft Active Directory environments. Like VeridiumID, the company’s flagship biometric authentication platform, the new solution supports multiple biometric modalities. But it’s also meant for easy integration with…
Veridium is going to FinovateEurope 2017, where CEO James Stickland will present the company’s 4 Finger TouchlessID solution, along with the VeridiumID platform. With FinovateEurope’s focus on the financial services sector, where biometric solutions are proving increasingly popular, Veridium’s solutions could prove appealing. Its VeridiumID authentication platform supports facial, voice, and fingerprint biometrics; and 4 Finger…
In a statement announcing his appointment, Veridium suggested that Stickland’s background makes him “uniquely well positioned to lead the company…” Fresh off a major rebrand announced in September, Veridium has appointed a new CEO. James Stickland joins the company from a position as Non Executive Director of Red Deer, a UK-based fintech company offering an investment…
“Veridium says its solution is based on an open standard allowing for iterative upgrades…” Hoyos Labs has rebranded as Veridium and launched a new biometric authentication platform called VeridiumID. The multimodal platform is aimed at the enterprise market, and enables the authentication of individuals via facial, voice, and fingerprint biometrics. Veridium says its solution is…