Vuzix has partnered with the Dubai-based software developer NNTC to create a wearable facial recognition platform designed for security purposes. The solution is called iFalcon Face Control Mobile, and it combines the Vuzix Blade Smart Glasses with NNTC’s autonomous AI facial recognition system. With the new solution, security guards (and anyone else carrying out perimeter…
‘The report highlights several key players in the facial recognition market, including NEC, FaceFirst, and Cognitec…’ Reports and Data is predicting that the facial recognition market will hit $11.3 billion by 2026. The research firm attributes the projected growth to the booming smartphone market, as well as the rising frequency of terrorist attacks and the…
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…
“We encourage you to test the system for yourself by trying to restore your account with a picture or video of your face. It will fail, and you can rest assured those pictures of you on Facebook won’t unlock your ZenGo account.” – Tal Be’ery, Co-Founder, ZenGo A new cryptocurrency wallet called ZenGo has become…
A UK FinTech startup is celebrating a big new funding round: Manchester-based Nivo brought in £2 million from GP Bullhound, the Angel CoFund, and EG Solutions CEO Elizabeth Gooch, and other investors. The startup only just launched in late 2018 as a spinoff from Barclays Bank, and specializes in secure instant messaging for financial services…
The emerging biometric payment cards market remains an area of intense focus for a number of fingerprint sensor specialists, FinTech stakeholders, and banks. Fingerprint-scanning payment cards are expected to be the next big wave in the world of financial services, enabling highly secure contactless transactions by authenticating cardholders as they tap to pay at a…
“Work will continue to change, but identity will always remain a fundamental element of enterprise security.” That observation is key to the perspective offered in Aware, Inc.‘s newest white paper, “Enterprise Security in the Age of Remote and Mobile Work”, a newly published resource offering a compelling assessment of the enterprise security landscape in the…
Dell has unveiled the latest iteration of its Latitude series of computers, offering a raft of new features to enterprise-level customers. In addition to the expected performance upgrades – including better connectivity and battery life – Dell is delivering biometric security tools to better address the data safety concerns of modern employees. Specifically, the…
“In his new position with TypingDNA, Freeman will be based in the company’s US office, and will focus on building its presence in the American market.” As it seeks to expand, Romania-based behavioral biometrics startup TypingDNA has announced the appointment of a new Vice President of Sales. The new VP, Terry Freeman, comes to the…
Jorge Aguilar Perez shared some insights on the cybersecurity market in Latin America with a quick Q&A on BioCatch’s blog. Perez is the BioCatch Sales Director for Mexico, Central America, and the Caribbean, and explained that the region’s high rates of mobile penetration and mobile payments coupled with weak digital infrastructure make many Latin American…
Asymmetric cryptography is vital to modern digital security, serving as the foundation for Public Key Infrastructure and allowing for the creation of secure digital identities. That becomes a concern once quantum computers are able break those algorithms, which is expected to happen in the next twenty years. That’s why IDEMIA has released new smart cards…
In its latest blog post, BioCatch has some words of advice for Payments Canada and other financial institutions that are upgrading their systems to support faster payments. The behavioral biometrics company argues that financial institutions need to be prepared with real-time fraud prevention strategies in order to head off an impending wave of financial crime.…
“Our customers seek simplified, cost-effective central authentication services that accommodate both roving and single-device users without having to issue and manage tokens or pay personal data plan costs for users to use a personal device for work. The fact that SAML is ubiquitous makes getting more value from a BIO-key investment much more simple.” –…
“The product of a partnership with Hong Kong-based Comba Telecom, the access control system will use facial recognition to identify MWC attendees.” Biometric technologies have been enjoying a rising profile at the last several Mobile World Congress events as they have been embraced across a growing number of devices and applications. Now, it looks like…
“…66 percent of all respondents said they were unlikely to do business with an organization that suffered a data breach in which sensitive information was compromised.” Newly published survey research is further highlighting the need for companies to protect consumer data. Conducted by Vanson Bourne on behalf of Gemalto, the study polled 10,500 consumers on…
“…NEC said that it and its subsidiary NPS will showcase solutions including its ‘facial recognition system, automated fingerprint identification system (AFIS), CONNECT police platform, and video analytics solution’ at the event.” NEC will showcase its solutions at the International Security Expo in London next week, the company has announced. The event offers NEC the opportunity…
“More was accomplished than meets the eye. We continue to see progress on all fronts, albeit in some cases at a slow rate, and we also continue to see exciting new opportunities where we can improve revenues.” – Jim Miller, Chairman & CEO, ImageWare ImageWare has issued its fiscal update for the third quarter of 2018.…
“Administrators will now be able to assign particular policies for their end users in the event of revoked account access, and to leverage different authentication mechanisms for account recovery…” Nok Nok Labs has officially announced the next version of its S3 Authentication Suite, slated to launch next month. The biggest new feature of the platform…
“Our new digital onboarding, document signing, and digital vault capabilities augment and further differentiates our authentication platform and solutions. This proven technology has been deployed at telecoms, financial institutions, and other clients with our technology partner Contactable.” – Jim Miller, CEO, ImageWare ImageWare has announced a new extension of its GoVerifyID multimodal biometric authentication platform.…
