San Diego-based Mitek Systems has a new CEO. The company has announced that Max Carnecchia has taken the helm, and also been appointed to the company’s Board of Directors. Carnecchia comes to the position after a 10-month stint as CEO of Illuminate Education, which he joined at the outset of an intensive growth period for…
The global image recognition market will grow at an annual rate of 21.8 percent between 2018 and 2025, when it will be worth $86 billion, according to a new forecast from Allied Market Research. Cloud-based image recognition services will grow the fastest, according to the firm’s report, with a CAGR of 23.3 percent over the…
Seattle-based RealNetworks has entered into a new licensing and distribution partnership with Net One Partners, an IT security solutions provider based in Tokyo. The latter will develop and market solutions based on RealNetworks’ SAFR facial recognition technology to its network of ICT infrastructure providers. It would appear to be a good fit. RealNetworks’ SAFR solution…
“There are also signs that Apple is seeing more of a return on its Apple Pay mobile payments service…” Apple’s face-scanning new iPhones are a big hit, if its latest quarterly update offers any indication: Revenues are up 20 percent, year-over-year. The figure itself for those quarterly revenues is a stunner: $62.9 billion. And while…
Applied Recognition‘s facial recognition technology has been integrated into a tablet-based system from Paychex, a time and attendance tracking solutions provider. In adopting Applied Recognition’s technology, Paychex has become the latest in a long line of time and attendance specialists looking to enhance their offerings with biometric capabilities that allow clients to more accurately and…
Respected industry analyst Ming-Chi Kuo is predicting that next year’s iPhones will get an upgraded Face ID system and that future iPad models might also incorporate Time of Flight (or ToF) sensor technology. The predictions come by way of a note to investors in which Kuo explains that the upgraded Face ID system will feature…
“…it’s using the front-facing camera system to enable 3D facial recognition in an authentication system that may be able to compete with Apple’s Face ID in terms of technological sophistication.” Huawei’s Honor smartphone brand has become the latest to make a big bet on artificial intelligence with its newest smartphone. Dubbed the Honor Magic2, the…
Apple continues to expand its use of biometric authentication, bringing its flagship facial recognition system to its newest iPad and keeping Touch ID alive on the new MacBook Air. The iPad Pro news confirms longstanding speculation. Even before Apple announced its 2018 lineup of iPhones this September, confirming that it had definitely made Face ID…
An app development platform for businesses has just announced an upgrade to its platform that includes enhanced facial biometrics capabilities. The upgrade concerns the Firebase platform’s machine learning-oriented ML Kit, which offers developers APIs to help them take advantage of technologies including text recognition and face detection. In a blog post announcing the upgrades to…
“The U.S. launch of our TouchLock Bike padlock line via Amazon builds upon the excitement and sales momentum we have already initiated in Asia. We are excited to extend the reach of this product into the U.S. where we are optimistic about the sales prospects for the upcoming holiday season.” – Mike DePasquale, CEO, BIO-key…
![[Money20/20] IDEMIA is Working With US State Governments to Make Mobile Drivers Licences a Reality](https://mobileidworld.com/assets/IDEMIA-Secure-Private-ID-768x512-620x350.jpg)
IDEMIA got a big share of the spotlight on the first day of Money20/20, and took the opportunity to discuss its escalating efforts in the pioneering area of mobile drivers licenses in the US. The spotlight was shared with identity consultant Bianca Lopes, who moderated a discussion with IDEMIA sales SVP Jenny Openshaw, and the…
![[Money20/20] ID R&D Voice Biometrics Integrated into FacePhi’s inPhinite Platform](https://mobileidworld.com/assets/IMG_20181021_095122-620x350.jpg)
FacePhi has just announced the first big integration for its newly launched inPhinite security platform. ID R&D‘s voice recognition technology is going to be used to help authenticate FacePhi’s millions of end users. Announced just a couple of weeks ago, inPhinite is a new multimodal platform built around Selphi, the selfie-based authentication system that has…
A major new industry partnership is combining a leader of the booming selfie authentication trend with one of the biometrics industry’s most effective anti-spoofing technologies. The Jumio–FaceTec alliance was announced at this week’s Money20/20 event in Las Vegas, with the companies revealing that Jumio has integrated FaceTec’s ZoOm 3D Face Liveness Detection system into its…
“The company is now going to leverage three major solutions from Acuant for its onboarding platform: AcuFill, for the capture of digital ID information; AssureID, its document reading system; and Acuant Facial Recognition Match, which enables selfie-based authentication through the use of facial recognition, matching an end user to the image displayed on their official…
“…49 percent of respondents in Fiserv’s surveys said they would feel secure with biometric authentication in financial services.” Consumers are increasingly open to the idea of receiving financial services from tech companies, suggests new research from Fiserv, Inc. The findings come by way of Fiserv’s newly published “Expectations & Experiences: Channels and New Entrants” study,…
Xiaozhu, an Airbnb-like service based in China, has announced that it has brought in $300 million in its latest financing round, and will use part of the capital influx to develop smart home technology, which could involve biometrics. The funding round was led by Advantech Capital and Yunfeng Capital, a venture capital firm backed by…
“This is one of the fastest-growing user adoptions we have seen globally.” -Tom Grissen, CEO, Daon Daon has a big new client in Turkey, with Akbank leveraging its IdentityX solution to become the first bank in the country to enable customer authentication via facial recognition. In announcing the deployment, the companies noted that Brand Finance…
“The release of this product will mean the consolidation of our position within the biometric security market in financial entities.” – Javier Mira, CEO, FacePhi FacePhi has dramatically expanded its solutions portfolio, taking its flagship Selphi solution and building a “zero risk” security platform around it. Dubbed “inPhinite”, the platform comprises six key elements. There…
California-based Melissa has officially launched its new selfie-based onboarding solution. At its essence, the eIDV (for “Electronic ID Verification”) platform is similar to other recent selfie-based mobile authentication systems, combining document reading and facial recognition technology to remotely scan an end user’s ID document and match the face it depicts to that of the user,…
