• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

FindBiometrics

FindBiometrics

Global Identity Management

  • Biometrics
    • What are Biometrics?
    • FAQ
    • Biometric Associations
    • Companies
    • Premier Partners
  • News
    • Featured Articles
    • Interviews
    • Thought Leadership
    • Podcasts
    • Webinars
    • Year in Review
  • Applications
    • Biometric Security
    • Border Control and Airport Biometrics
    • Consumer and Residential Biometrics
    • Financial Biometrics
    • Fingerprint & Biometric Locks
    • Healthcare Biometrics
    • Justice and Law Enforcement Biometrics
    • Logical Access Control Biometrics
    • Mobile Biometrics
    • Other Biometric Applications
    • Physical Access Control Biometrics
    • Biometric Time and Attendance
  • Solutions
    • Behavioral Biometrics
    • Biometric Sensors and Detectors
    • Facial Recognition
    • Biometric Fingerprint Readers
    • Hand Readers & Finger Scanners
    • Iris Recognition
    • Biometric Middleware and Software
    • Multimodal Biometrics
    • Physiological Biometrics
    • Smart Cards
    • Vein Recognition
    • Voice and Speech Recognition
  • Stocks
  • Events
  • Companies
  • Podcasts

YooniK Makes a Splash with Biometric Algorithm’s Strong NIST Performance

January 22, 2021

A new facial recognition start-up has made a statement with an extremely strong performance in the latest round of NIST testing. YooniK was founded in late 2019, and can now claim that its YooniK Face solution is one of the three most accurate solutions in Europe and the Americas.

YooniK Makes a Splash with Biometric Algorithm's Strong NIST Performance

The company accomplished the feat after reducing its solution’s false error rate by more than 50 percent in less than five months. The improved version of YooniK Face is 99.999 percent accurate, with a false rejection rate that is under 0.5 percent.

YooniK is hoping that those results will draw the interest of potential customers. The company has now announced the widespread availability of its algorithm, which is being offered as a plug-and-play SDK/API that can be integrated into virtually any security system. YooniK stated that its technology is compatible with a range of third-party cameras, platforms, and devices, and cannot be used to make a match in any context without prior authorization. The latter feature is designed to protect people’s privacy. 

According to YooniK, its solution has potential applications in a number of different industries, including retail, healthcare, and finance. It can be used for onboarding and access control, with YooniK arguing that it will dramatically reduce the amount of time that gets wasted as a result of outdated identity verification practices.

“We believe YooniK will offer one year of free time across a person’s lifetime, which is currently wasted in inefficient bureaucracy for someone to check who you are,” said YooniK Co-Founder and CEO Pedro Torres.

YooniK is hoping to capture a portion of the $4 billion facial recognition market. MarketsandMarkets believes that the demand will climb to $8.5 billion by 2025, while Adroit Market Research has issued a more aggressive forecast that places the market at $12 billion in the same period. Reports and Data, on the other hand, expects it to hit $11.3 billion in 2026.

–

January 22, 2021 – by Eric Weiss

Related News

  • Vision-Box Biometric Algorithm Boasts Top-15 NIST PerformanceVision-Box Biometric Algorithm Boasts Top-15 NIST Performance
  • Rank One Continues to Improve in NIST EvaluationsRank One Continues to Improve in NIST Evaluations
  • Paravision Takes Top Spot in Latest NIST EvaluationParavision Takes Top Spot in Latest NIST Evaluation
  • Cognitec Highlights ‘Optimal Balance’ of Its Facial Recognition Tech After NIST TestingCognitec Highlights ‘Optimal Balance’ of Its Facial Recognition Tech After NIST Testing
  • Rank One Shows Significant Accuracy Gains in Latest FRVT TestRank One Shows Significant Accuracy Gains in Latest FRVT Test
  • IDEMIA Performs Well in NIST’s Airport SimulationIDEMIA Performs Well in NIST’s Airport Simulation

Filed Under: News Tagged With: accuracy, Biometric, biometric algorithms, biometrics, face biometrics, facial recognition, National Institute of Standards and Technology, NIST, NIST testing, YooniK, YooniK Face

Primary Sidebar

Identity is Shaping Air Travel – Time to Invest

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.

Recent Posts

  • NECAM Gets a New CEO: Identity News Digest
  • Onfido Delivers 15-second Identity Verification for UK’s Co-operative Bank
  • Two-Thirds of the Planet Have Biometric ID – ZKTeco USA President Manish Dalal at ISC West 2023
  • Biometrics and Mobile ID on the Innovation Highway: Sponsors and Sessions Announced
  • Who Are Moscow’s Surveillance Tech Vendors?—Identity News Digest

Biometric Associations

IBIA and fido

Tweets

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2023 FindBiometrics