corporate news

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…

Aware Issues Strong Q1 Update, Bolstered by Mobile Biometrics Success

Aware Issues Strong Q1 Update, Bolstered by Mobile Biometrics Success

“Knomi is an SDK package designed to enable biometric facial and voice recognition on a standard mobile device, with on-device storage of users’ biometric data.” Aware, Inc. has issued its results for Q1, ended March 31st, showing a strong year-over-year improvement. Revenues came in at $3.7 million, compared to revenues of $2.9 million in the…

Behavioral Biometrics Company TypingDNA Appoints New VP of Sales

Behavioral Biometrics Company TypingDNA Appoints New VP of Sales

“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…

Thales Pursues Final Share Buyout with Gemalto to be Delisted May 29th

Thales Pursues Final Share Buyout with Gemalto to be Delisted May 29th

“Now, since it holds over 95 percent of Gemalto’s shares, Thales has been following through on its statutory obligation to buy out the remaining shares in order to attain a 100 percent shareholding.” Just a little over 97 percent of Gemalto shares have now been tendered to Thales‘ acquisition offer, the companies have announced. It’s…

Selfie Biometrics Specialist Jumio Gets New CEO

Selfie Biometrics Specialist Jumio Gets New CEO

Jumio has a new chief executive. Robert Prigge, who previously served as the company’s Chief Revenue Officer, has been promoted to the role of President. In a statement announcing the change, Jumio’s Board of Directors highlighted Prigge’s “track record of success” as the company’s CRO, as well as his previous experience in high-level positions with…

Thales Formally Completes its Acquisition of Gemalto

Thales Formally Completes its Acquisition of Gemalto

After months of negotiations, Thales has finally completed its acquisition of Gemalto. The final price tag was €4.8 billion, and increases Thales’s revenues to €19 billion for 2018. “With Gemalto, Thales has acquired a set of highly complementary technologies and competencies with applications in all of our five vertical markets,” said Thales Chairman and CEO…

Robert Mueller Becomes Zwipe CTO

Robert Mueller Becomes Zwipe CTO

“Robert brings a wealth of experience and knowledge and will be instrumental in ensuring the successful delivery of our technology platform to our expanding global customer base.” – André Løvestam, CEO, Zwipe A longtime NEXT Biometrics executive has now become Zwipe‘s Chief Technology Officer. Dr. Robert Mueller – no, not that Robert Mueller – is…

Gemalto Shareholders Accept Thales’ Acquisition Offer

Gemalto Shareholders Accept Thales’ Acquisition Offer

It’s official: Thales and Gemalto are merging. With the March 28th deadline for Gemalto shareholders to accept Thales’ acquisition offer now passed, the companies report that 85.58 percent of shares have been tendered, rendering the deal unconditional. As of April 1st, Gemalto will be consolidated into Thales’ financial statements, while payment of the share offer…

Synaptics Announces CEO’s Departure, Lower-End Revenue Guidance

Synaptics Announces CEO’s Departure, Lower-End Revenue Guidance

“We are focused on capturing numerous opportunities before us and evolving the company under new leadership to increase shareholder value. We thank Rick for his contributions to Synaptics.” Nelson Chan, Executive Chairman of the Board, Synaptics With Synaptics‘ leadership anticipating lower revenues than had been hoped for the third fiscal quarter, the company has announced…

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