“Notably, despite the growing popularity of facial recognition in consumer technology since Apple helped to popularize selfie authentication with its Face ID system, MarketsandMarkets points to demand in government, surveillance, and industry areas as being key to the modality’s growth.” The global facial recognition market will grow from an estimated value of $3.2 billion this…
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…
Chooch AI has formally launched the beta version of its Chooch IC2 mobile software development kit. The SDK is designed as an out-of-the-box AI solution that allows a company to train mobile applications to recognize specific items or people, drastically reducing the time and money it would take to develop such technology internally. “Software developers…
Precise Biometrics has set a date and revealed the agenda for its Annual General Meeting, and it looks like the company is eager to get some incentives in place for its top leadership. Among the proposals for Precise Biometrics’ shareholders to vote on is a reverse share split, in which ten existing shares would be…
A co-founder of MoviePass is looking to leverage Apple’s Face ID system for a new movie ticket platform, according to Adweek. The aim is to force members to watch ads in exchange for movie tickets, and the company is hoping that early adopters will pay for the privilege through a Kickstarter campaign. Whereas the idea…
Frost & Sullivan is singing the praises of Dresden-based Cognitec, recognizing the biometrics specialist with the 2019 Global Customer Value Leadership Award. The award is intended for companies that implement strategies to increase value and ROI for their customers, and was bestowed to this year’s winner in recognition of Cognitec’s FaceVACS line of biometric solutions.…
Jumio has launched an anti-money laundering service through a new partnership with ComplyAdvantage. The platform is called Jumio Screening, and it combines Jumio’s award-winning Netverify identity verification solution with ComplyAdvantage’s extensive watchlist for financial crime. “As more and more companies onboard new customers remotely, it’s increasingly important for online businesses to flag individuals who appear…
Ipsidy has a released a new biometric security app that combines government IDs with selfie authentication to make customer onboarding more convenient and more secure. Dubbed Proof, the app allows customers to use an Android or Apple camera to scan their government ID, and uses the digital signature to verify its authenticity. Proof then relies…
Texas-based BioMetric Signature ID (BSI) is enhancing its gesture-based identity platform’s onboarding system with selfie-based authentication technology from San Diego-based Mitek. BSI’s BioProof-ID platform is designed to authenticate individuals using biometric gesture recognition technology, with the company aiming its solution primarily at ID verification and access control applications. But thus far the company has struggled to…
NEC and Japan-based telecom NTT DOCOMO have made further progress in their efforts to trial experimental 5G connectivity technology. Together with Tobu Railway Co., the companies successfully transmitted high-definition video to a fast-moving train. It’s the culmination of a long-term effort. Last spring the companies transmitted 3G data to a car moving at over 300km…
“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…
“…with NEC’s ‘Context-aware Service Controller’, the system is designed to dynamically allocate network resources as needed, switching to high-definition images only when faces are detected.” A trial of facial recognition technology from NEC could point to how such technology could be used in the 5G future. The company has announced that it has provided a…
“As with the Butterflye camera announced by Ooma a year ago, the Ooma Smart Cam also features a facial recognition system that allows it to identify known individuals, such as family members in a given household, and to send alerts to administrators when unknown individuals are detected. “ Ooma has announced the latest version of…
“At Yoti we have a set of principles and independent Guardians to help us to operate in the right way. This includes being honest and accountable, seeking to do the right thing and being transparent in what we are doing and why.” – Robin Tombs, CEO, Yoti Yoti is further burnishing its credibility with the…
“With this agreement, Garantizar has become the seventh Argentinian company to embrace FacePhi’s biometric authentication technology, with the broader Latin American region representing its core market.” FacePhi has further reinforced its position in Latin America, and particularly Argentina, with its latest partnership. The company has been contracted to provide biometric identification technology to Garantizar. The…
“In order to streamline the customer onboarding process, the company will leverage Onfido’s remote authentication technology, which uses facial recognition and document reading to match an end user’s selfie image to the official identity documents they present.” Onfido‘s biometric and document reading technology has once again been embraced by a cryptocurrency specialist for customer onboarding.…
“…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…
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…
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…
