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

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

Proxy Announces Acquisition of Biometric Smart Ring Maker Motiv

April 28, 2020

Proxy Announces Acquisition of Biometric Smart Ring Maker Motiv

San Francisco digital identity startup Proxy has announced it’s acquiring smart ring maker Motiv.

Although initially a ring-sized fitness tracker, the Motiv Ring has added various other capabilities over the years including biometric gait recognition via its WalkID system, and a form of FIDO-certified two-factor authentication in which the wearer performs simple gestures while logging into a supported account. It also supports NFC payments, and lost phone tracking.

“The demand for our technology is only going to increase and we saw a clear path forward in the importance of validating one’s identity in both the physical and digital worlds,” wrote Motiv in a blog post. “Keys, access cards and passwords are rapidly being replaced with a biometric identity which provides greatly improved security and convenience.”

As a result of being acquired by Proxy, Motiv will cease online sales of its devices, with support for its companion app likely lasting as long as it takes for partner retailers to sell off their remaining stock.

However, so far Proxy has said that it is committed to the ring form factor as the future of wearable tech.

“With this acquisition, Proxy plans to bring digital identity signals to smart rings for the first time and revolutionize the way people use technology to interact with the world around them,” said Proxy on their own blog. “We believe it’s possible to ignite a paradigm shift in how people use wearables to interface with the physical world, so they can do and experience things they never have before.”

Source: TechCrunch

Filed Under: Industry News Tagged With: acquisitions, Biometric, biometric authentication, biometrics, digital identity, gait biometrics, gait recognition, Motiv, Motiv Ring, NFC payments, smart rings

Related News & Articles

Ahrvo Labs Launches NFT-powered Identity Solution

IDEMIA and G+D Form Independent Alliance on Payments Industry Standards

New Xpeng Smart Car Features Biometric Keys and AliOS Platform

Primary Sidebar

Register For the Next Virtual Identity Summit

Register now!

Tweets

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

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi’s product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • Selfie IDV Innovator Finds Escalating Demand in Q4
  • Another e-Betting Platform Leverages Biometric KYC, Care of Jumio
  • Thai Authorities Approve Mobile ID for Airport Boarding
  • New Yoti Solution Ties Biometrics to e-Signatures
  • Kenya’s New President Pushes for Digital ID By Year’s End

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 MobileIDWorld