corporate news

New IDEMIA Tokyo Office to Feature Experience Center

New IDEMIA Tokyo Office to Feature Experience Center

French security and identity solutions company IDEMIA has announced that it has opened its new Japanese head office in Tokyo’s Shibuya District, featuring a new experience center that will showcase some of the company’s tech offerings. Aside from being home to IDEMIA’s five business units in the country — Financial Institutions, Mobile Operators, Biometric Devices,…

Yubico Expands the List of Works with YubiKey Products

Yubico Expands the List of Works with YubiKey Products

Yubico is expanding the scope of its Works with YubiKey (WWYK) initiative. First launched in 2018, WWYK is an alliance program that lets consumers know which hardware and software products are compatible with Yubico’s various security solutions. The latest updates will give developers two new ways to become members of the alliance. The Yubico-verified track…

Raffie Beroukhim Appointed as Chief Experience Officer for NECAM

Raffie Beroukhim Appointed as Chief Experience Officer for NECAM

NEC Corporation of America has appointed Raffie Beroukhim as its new Chief Experience Officer (CXO). Beroukhim has been with the company since 2011, and has spearheaded many of its Advanced Recognition Systems initiatives in the past few years. Some of his key accomplishments include the formation of the company’s Federal Government Operations office in Washington,…

Cerence Lowers Interest Payments After Debt Refinancing

Cerence Lowers Interest Payments After Debt Refinancing

Cerence will enjoy considerable interest savings after refinancing its debt. The company has sold $175 million worth of three percent convertible senior notes due 2025, and obtained a $125 million senior secured term loan A credit facility. It then used the money generated through those activities to pay off its existing senior secured term loan…

New Zwipe Executive VP Brings Deep Payments Experience

New Zwipe Executive VP Brings Deep Payments Experience

Zwipe has a new Executive Vice President of Strategy and Channels: Bishwajit Choudhary has joined the company’s leadership, bringing with him extensive experience in the digital payments sector. Before his new appointment, Choudhary spent 20 years with Nets Group, a Denmark-based digital payments solutions provider focused on financial institutions. Choudhary worked his way up from…

Cerence to Issue Q2 Update on May 7

Cerence to Issue Q2 Update on May 7

Cerence has set a date for the publication of its Q2 results for 2020. The automotive AI specialist will issue its second-ever quarterly report as an independent company on May 7. It’s already clear that the company has had a fairly eventful Q2. It announced a AI assistant-focused collaborative partnership with LG in January, and…

FacePhi Confirms: 2019 Was a Massive Success

FacePhi Confirms: 2019 Was a Massive Success

FacePhi has officially confirmed its considerable success in 2019, announcing that audited fiscal results show that its EBITDA grew by 140.37 percent over 2018. Net revenues came in at 8.19 million euros, bringing the biometric authentication specialist’s net EBITDA result to 3.07 million euros, compared to 1.28 million euros in 2018. Net revenue, meanwhile, reflects…

New ENACOMM Sales VP to Focus on Voice Tech for Banks

New ENACOMM Sales VP to Focus on Voice Tech for Banks

“With ENACOMM, Delaney will be promoting the company’s Financial Suite solutions, including the Virtual Personal Assistant for conversational AI interaction…” ENACOMM has appointed a new Vice President of Financial Sales to help promote its ENACOMM Financial Suite solutions. The new VP, Thomas Delaney, comes to the company after a 14-year stint with Jack Henry &…

Acuant Acquires Digital Identity Specialist IdentityMind

Acuant Acquires Digital Identity Specialist IdentityMind

Acuant has formally completed its acquisition of IdentityMind. The two companies have been strategic partners in the past, though the acquisition is obviously a more permanent arrangement. The acquisition will allow Acuant to integrate IdentityMind’s Digital Identity Platform into its own Trusted Identity Platform to offer a more comprehensive digital identity and fraud prevention solution.…

Ericsson Stresses Remote Participation Options for Upcoming AGM

Ericsson Stresses Remote Participation Options for Upcoming AGM

Ericsson is moving forward with plans for its Annual General Meeting (AGM) later this month, but the tech giant is taking every precaution to ensure the health and safety of its shareholders. The AGM is scheduled to take place at 3:00 pm CEST on March 31 at Kistamässan in Stockholm. Of course, large gatherings are…

Jumio Makes BIG’s List of Best Places to Work

Jumio Makes BIG’s List of Best Places to Work

Jumio has received another commendation from the Business Intelligence Group (BIG), although this time the company is being recognized for its internal corporate practices rather than its products. The digital onboarding specialist has been named as one of Best Places to Work, and stands as the only multinational enterprise to achieve that distinction. The BIG…

Cerence Issues First Quarterly Results as Independent Company

Cerence Issues First Quarterly Results as Independent Company

Cerence has officially revealed the results of its first fiscal quarter as an independent company, after the automotive AI specialist split off from Nuance Communications last October. In a report comparing the first quarter of Cerence’s 2020 fiscal year to its performance from the same period a year ago – when it was still the…

Ubisecure Announces New LEI-Based Onboarding Pilot for Banks

Ubisecure Announces New LEI-Based Onboarding Pilot for Banks

Customer identity management company Ubisecure has announced a new Legal Entity Identifier-based onboarding pilot service for banks. The pilot will be based on Ubisecure’s RapidLEI service and aims to give banks easy access to and management of LEIs — unique global identifiers of legal entities taking part in financial transactions — for Know Your Customer…

American Express Exec Bolsters Trulioo Board of Directors

American Express Exec Bolsters Trulioo Board of Directors

Lisa Stanton has officially become the latest member of the Trulioo Board of Directors. Stanton has more than twenty years of experience in the payments industry, with prior stops at Citizens Financial House (where she served as the SVP of Payments and Distribution) and InAuth (where she served as CEO). She is currently a member…

New Investor Relations Specialist Joins IDEX Biometrics Team

New Investor Relations Specialist Joins IDEX Biometrics Team

IDEX Biometrics is hoping to develop a better rapport with the international financial community after hiring Marianne Bøe as its new investor relations specialist. Bøe will be based out of IDEX’s Oslo office in Norway, and will be asked to advance the company’s communication and outreach efforts with potential partners. “Marianne has a wealth of…

Cerence Sets Dates for Q1 Results, Special Investor Event

Cerence Sets Dates for Q1 Results, Special Investor Event

Cerence has set a date for the publication of its first quarter results: February 11, 2020. The results will be issued at 7:00 a.m. EST, 4:00 a.m. PST. The corporate update will cover the first quarter of Cerence’s fiscal year, with Q1 having ended December 31, 2019. As such, it will cover the company’s first…

Integrated Biometrics Celebrates 50 Percent Year-Over-Year Revenue Growth

Integrated Biometrics Celebrates 50 Percent Year-Over-Year Revenue Growth

Integrated Biometrics (IB) is celebrating a strong 2019 campaign after announcing that the company’s enjoyed 50 percent year-over-year revenue growth over 2018. According to the company, this is the third consecutive year in which Integrated Biometrics has posted such strong results. “2019 was the latest in a string of years marked by very strong growth,”…

HID Global Welcomes New President and CEO

HID Global Welcomes New President and CEO

HID Global has announced that Björn Lidefelt is taking over as the company’s new President and CEO. Lidefelt is a new addition to the team at HID Global, but he arrives after a stint as the Chief Commercial Officer (CCO) at ASSA ABLOY, which is HID Global’s parent company. “Björn has had a very successful…

Turkcell Lays Out AI Principles

Turkcell Lays Out AI Principles

Turkcell, Turkey’s leading mobile phone operator, has announced the creation of its own Artificial Intelligence (AI) Principles, guidelines aimed at committing it to the ethical and responsible use of AI technologies, making it the first company in Turkey to do so. At a press conference held by the company at its Istanbul headquarters, Turkcell revealed…

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