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Industry News
Two New Financial Services Clients Highlight a Big Trend for BIO-key

Two New Financial Services Clients Highlight a Big Trend for BIO-key

“Both financial services organizations have embraced BIO-key’s PIV Pro fingerprint readers and ID Director software for employee authentication, using the biometric technology to regulate access to sensitive IT assets.” BIO-key has two new clients in the financial services sector, and the company’s leadership believe it’s a sign of more good things to come. The company…

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Yubico CEO Notes Industry Growth in Appointment of New Execs and Advisor

Yubico CEO Notes Industry Growth in Appointment of New Execs and Advisor

Yubico has appointed two new executives to its team and has a new member on its advisory board, the company has announced. Jeff Kukowski is Yubico’s new Chief Revenue Officer. He comes to the company from SecureAuth, which he helmed as CEO and Board Director from 2015 to 2018. Bill Rule, meanwhile, joins Yubico as…

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Biometric Trend Helping to Fuel EMV Cards Growth: ABI Research

Biometric Trend Helping to Fuel EMV Cards Growth: ABI Research

ABI Research is charting a strong ascent for EMV payment card issuance, with emerging biometric card technology playing an important role. The market research firm says it expects EMV payment card issuance to rise from 3.18 billion this year to over 3.75 billion by 2023, with several factors propelling that growth. These include contactless migration,…

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Microsoft Previews Open-Source, Blockchain-Based Decentralized ID Platform

Microsoft Previews Open-Source, Blockchain-Based Decentralized ID Platform

“ION is built with Sidetree technology that will eventually be laid over the top of the Bitcoin Blockchain, though the code is still being developed…” Microsoft’s Identity Division is giving developers a preview of a new digital identification network designed to make decentralized identities more feasible on a global scale. Senior Program Manager Daniel Buchner…

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Yoti Approved for Age-Restricted Purchases in UK Convenience Stores

Yoti Approved for Age-Restricted Purchases in UK Convenience Stores

Yoti users can now use the app for age-restricted purchases at convenience stores in the UK. The news comes after the Association of Convenience Stores agreed to recognize Yoti’s digital IDs, making it the first smartphone-based ID solution to make its way to Britain’s brick and mortar corner stores. To implement the system, Yoti will…

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The Identity Verification Market is Set to Skyrocket: Report

The Identity Verification Market is Set to Skyrocket: Report

MarketsandMarkets has released a new report that predicts that the market for identity verification tech will more than double from $6 billion in 2019 to $12.8 billion by 2024, with a CAGR of 16 percent. The rising demand for reliable identity verification solutions and services is expected to drive much of that growth as companies…

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New BioCatch CRO to Spearhead Company’s Ambitious Growth Plans

New BioCatch CRO to Spearhead Company’s Ambitious Growth Plans

BioCatch has a new Chief Revenue Officer; Bill Sytsma will lead the company’s sales and professional services team, and will oversee “an ambitious plan for growth,” according to a statement announcing his appointment. Sytsma comes to the company from ThreatMetrix, another provider of an enterprise-focused digital security platform, where he served as the company’s Americas…

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AU Optronics Announces Full-Screen Biometric Fingerprint Sensor

AU Optronics Announces Full-Screen Biometric Fingerprint Sensor

“…given the growing consensus that mobile fingerprint sensors are moving into device displays, extending the scanning capability across the entire display surface would seem to be a logical next step for smartphone brands…” In the midst of the SID Display Week trade show in San Jose, Taiwan-based optoelectronics specialist AU Optronics (or “AUO”) has announced…

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OneSpan Raises Consumer Awareness Through Partnership with Square Enix

OneSpan Raises Consumer Awareness Through Partnership with Square Enix

OneSpan has released a new case study that summarizes its ten years of history with Square Enix. The Japanese video game developer had previously integrated OneSpan’s Digipass G06 as a two-factor authentication solution for online gaming accounts in an effort to combat fraudulent takeovers.     At the time, Square Enix was the first game studio…

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FIDO Alliance Adds HYPR to its Board of Directors

FIDO Alliance Adds HYPR to its Board of Directors

HYPR is the latest company to be appointed to the Board of Directors for the FIDO Alliance, with company co-founder and CTO Bojan Simic stepping up to serve as HYPR’s official delegate. “HYPR believes that FIDO standards provide enterprises with a powerful framework for securing their customers and employees without the use of passwords,” said…

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Jumio Partners with TruNarrative, Wins Industry Acclaim

Jumio Partners with TruNarrative, Wins Industry Acclaim

Another digital-focused platform is taking advantage of Jumio‘s identity verification technology: The company has announced a partnership with TruNarrative, an anti-fraud, eKYC and AML compliance platform. The partnership will extend Jumio’s identity verification solutions to TruNarrative’s client base through the latter’s ‘Appstore’ solutions portfolio, allowing them to take advantage of its extensive ID document verification…

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New Privacy Guidelines Released by Biometrics Institute Reflect GDPR Concerns

New Privacy Guidelines Released by Biometrics Institute Reflect GDPR Concerns

The Biometrics Institute has released new privacy guidelines for any and all organizations operating in the biometrics space. The universal guidelines are specifically written to ensure that biometrics researchers, manufacturers, and operators know how to handle people’s personal information responsibly. While the Institute generally updates its privacy guidelines every two years, this is the first…

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Unikeys Cryptocurrency Wallet Now on Pre-Sale

Unikeys Cryptocurrency Wallet Now on Pre-Sale

Unikeys is now accepting pre-sales for its physical cryptocurrency wallet. Dubbed the UKey, the biometric card allows shoppers to pay for goods and services using cryptocurrencies just as they would with an ordinary debit or credit card, with a built-in fingerprint sensor to authenticate transactions.   The card itself is being manufactured through a partnership…

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Mobile Tech Market is Moving Toward Full-Screen Fingerprint Biometrics, says Precise CEO

Mobile Tech Market is Moving Toward Full-Screen Fingerprint Biometrics, says Precise CEO

“Its new Precise YOUNiQ solution, which combines fingerprint, facial, and behavioral recognition with geodata, is also an area of intensifying focus, with Precise Biometrics aiming for commercialization in 2020.” Full-screen fingerprint scanning could be the next big thing in mobile biometrics, according to comments from Precise Biometrics‘ CEO in the company’s latest quarterly update. “The…

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Qualcomm Offers Support for Google Assistant with Smart Headset Platform

Qualcomm Offers Support for Google Assistant with Smart Headset Platform

Qualcomm’s Smart Headset Platform is now fully compatible with Google Assistant and Google Fast Pair. The flexible headset platform is built using Qualcomm’s low-power Bluetooth chips, and will empower device manufacturers to build a range of consumer-oriented audio products. With Google Assistant, Qualcomm will be able to provide push-button activation for the voice assistant while…

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NEXT Biometrics Working with US Payment Network on Biometric Card Specifications

NEXT Biometrics Working with US Payment Network on Biometric Card Specifications

“It’s an important development for NEXT Biometrics, which has been keenly focused on the emerging biometric payment cards market.” NEXT Biometrics has announced that it’s working with one of the top five US payment networks to develop Biometric System-on-Card, or “BSoC”, specifications for biometric payment cards. NEXT says it has delivered technical documentation as part…

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