Veridas is celebrating its best result yet in facial recognition testing by the National Institute of Standards and Technology (NIST), with its technology attaining the fourth-place ranking in one-to-many matching.
Tested against a database of 12 million images, Veridas’s solution delivered a false native identification rate of 0.0232 and a false positive identification rate of 0.001. As the company explains, this means that when looking for an individual match across a database of 12 million, its first match will be correct 97.68 percent of the time.
The company also notes that its voice recognition technology has the second-place ranking in NIST testing, and that its combined face and voice identification holds the top spot when those modalities are evaluated together. Its facial recognition technology has also attained both Level 1 and Level 2 compliance in iBeta’s presentation attack detection evaluation, considered a high standard for testing liveness detection and anti-spoofing solutions.
“The NIST assessment is a recognition of the hard work of our entire team over the last 10 years and confirms our technological and market leadership in Biometrics and Digital Identity, always with the utmost respect for privacy and data protection,” said Veridas CEO Eduardo Azanza.
Based in Navarre, Spain, Veridas has established a strong international presence. The company opened new offices in Mexico City and San Francisco last year, and says its technology is now being used by over 250 “Tier 1” customers across 25 countries.
April 18, 2023 – by Alex Perala