corporate news

IDEX Biometrics Appoints New Directors of Sales for Europe

IDEX Biometrics Appoints New Directors of Sales for Europe

‘“I am delighted to welcome Pascal to the team,” said IDEX Sales and Marketing SVP David Orme…’ IDEX Biometrics has named Pascal Dufour as its new Director of Sales for Europe, the Middle East, and Africa (EMEA). Darfour officially took over the role on July 9th, and brings more than 25 years of experience to…

Nxt-ID Board Approves IoT Payments Spinoff

Nxt-ID Board Approves IoT Payments Spinoff

“At its outset, PartX’s platform revolves around the tokenization of payment card details, which helps to secure digital transactions.” Nxt-ID, the parent company of wearable payments specialist Fit Pay, is launching a spinoff subsidiary that will manage its IoT payments activities. The spinoff, which was recently approved by Nxt-ID’s Board of Directors, will be called…

Khazanah Nasional Adds SenseTime and Tencent Execs to Board

Khazanah Nasional Adds SenseTime and Tencent Execs to Board

“The two new board members are Tencent Holdings Senior Executive Lau Seng Yee and SenseTime Founder Tang Xiao’ou…” A pair of tech executives with China’s SenseTime and Tencent have joined the board of Khazanah Nasional, a sovereign wealth fund in Malaysia. The appointees are the first representatives of Chinese companies on the Khazanah board, which…

NuData Gets New CEO

NuData Gets New CEO

NuData Security’s Senior Vice President and Chief Technology Officer is taking over as the company’s new CEO. Christopher Bailey will be replacing company co-founder Michel Giasson, who is retiring after 12 years of service as the former CEO. Though the assignment is technically a promotion, Bailey co-founded NuData alongside Giasson in 2007 and is extremely…

Tokenization Platform Sequent Looks to Expand with New VP of Sales

Tokenization Platform Sequent Looks to Expand with New VP of Sales

Neil MacDonald is taking over as Sequent’s new Vice President of Sales and General Manager for Europe, the Middle East and Africa (EMEA). Sequent is a data security specialist with a platform that tokenizes Personally Identifiable Information (PII). The process makes that information useless to hackers and other cybercriminals, and can be used to protect everything from bank accounts to…

Ipsidy Scores $3.1 Million in Latest Funding Round, Prepares for Uplisting

Ipsidy Scores $3.1 Million in Latest Funding Round, Prepares for Uplisting

“We appreciate the continued support of our existing investors and are delighted to welcome new investors who share our vision. We are starting the process of preparing the Company for an uplisting to a national exchange in due course, which we believe will be in the best interests of the Company and stockholders.” – Philip…

NEC and Samsung Create Joint 5G Sales Team

NEC and Samsung Create Joint 5G Sales Team

NEC and Samsung are forming a joint marketing team in an effort to accelerate the development of the 5G ecosystem. The team will specifically target the European and APAC markets, and will focus on the delivery of IT services and 5G products that will appeal to international telecom providers. The members of the team will…

This Week’s Top Stories: The Art of the Deal

This Week’s Top Stories: The Art of the Deal

This week’s roundup of Mobile ID World’s top stories is about as varied as they come, with stories spanning smart car tech, online gambling, biometric payment cards, and more. But if there’s any theme to discern in this lineup, it may perhaps be dealmaking. Three of this week’s top stories involved companies teaming together on…

Yoti Details Ethical Oversight Role of its Guardian Council

Yoti Details Ethical Oversight Role of its Guardian Council

Yoti has once again demonstrated its commitment to ethical best practices in tech. The company has shared some details about its Guardian Council, which is intended to make the company more transparent and more accountable for its use of people’s personal data. The Council itself will eventually have somewhere between 8-10 members, although only three…

HID Global to Acquire Passport Business of De La Rue

HID Global to Acquire Passport Business of De La Rue

HID Global has established an agreement to acquire the identity solutions business of UK-based De La Rue, a manufacturer of banknotes, tax stamps, and passports. In announcing the acquisition, HID Global asserted that it would strengthen its position in the global government-to-citizen identification market, adding that De La Rue has a “significant market presence in…

Nuance Hires Sanjay Dhawan to Lead Automotive Spin-off

Nuance Hires Sanjay Dhawan to Lead Automotive Spin-off

Nuance Communications has tapped Sanjay Dhawan to lead Nuance Automotive when the mobility division becomes an independent company later this year. Nuance Automotive will be spun off on October 1, at which point it will be a publicly traded entity focusing exclusively on automotive software and mobility technology. Dhawan will join Nuance Communications on July…

Derek P. D’Antilio Joins IDEX Biometrics as New CFO

Derek P. D’Antilio Joins IDEX Biometrics as New CFO

“We are pleased to welcome Derek to our team, where he will have an immediate impact through his experienced leadership of our financial organization. He joins us at an ideal time as we prepare the company for commercial success.” – Stan Swearingen, CEO, IDEX Biometrics IDEX Biometrics has found its new Chief Financial Officer: Derek…

Taking Aim at APAC Market, FacePhi Launches Korean Subsidiary

Taking Aim at APAC Market, FacePhi Launches Korean Subsidiary

“FacePhi has become one of the authentication industry’s great success stories over the last few years, thanks in large part to its selfie-based authentication solution…” Spain-based biometric authentication specialist FacePhi is looking to dramatically extend its presence in the APAC market, announcing a new subsidiary headquartered in South Korea. The aptly-named FacePhi APAC already has…

NEXT Biometrics CEO to Step Down in July

NEXT Biometrics CEO to Step Down in July

NEXT Biometrics CEO Ritu Favre will step down from the position on July 28th, the company has announced. The decision appears to be a personal one on the part of Favre, who has opted to pursue another professional position with an as-yet-unnamed US company. In announcing her planned departure, NEXT Biometrics asserted that the move…

FPC Discloses Important Developments at Annual General Meeting

FPC Discloses Important Developments at Annual General Meeting

“The developments arrive after Fingerprint Cards’ publication of its Q1 results earlier this month, in which the company reported improvements in its revenues and net result despite ongoing challenges in the mobile biometrics market.” Fingerprint Cards held its Annual General Meeting Wednesday, and has disclosed its important developments. Concerning stockholders, it was resolved at the…

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…

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…

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…

Trust Stamp Brings on Former US Marshall to Lead Financial Crime Division

Trust Stamp Brings on Former US Marshall to Lead Financial Crime Division

Trust Stamp has tapped a longtime law enforcement veteran to serve as the company’s new Director of Financial Crime Services. John Bridge brings 34 years of experience to the position, including 25 years as a US Marshall. During that time, Bridge was at the forefront of financial crime investigation. He previously served as the Senior…

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