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AI Specialist Megvii Raises $750 Million in Latest Funding Round

AI Specialist Megvii Raises $750 Million in Latest Funding Round

Hong Kong-based AI specialist Megvii has raised $750 million through its latest funding round, the company has announced. The news comes after Megvii raised $600 million in an investment round last year, and amid speculation that the company is planning an IPO. It’s now valued at a little over $4 billion. The announcement also comes…

MWC Barcelona: Three New Nokia Smartphones Feature Sensory’s TrulySecure Face Biometrics

MWC Barcelona: Three New Nokia Smartphones Feature Sensory’s TrulySecure Face Biometrics

“We’re excited to be working with HMD Global to outfit the latest Nokia smartphones with powerful on-device facial recognition-based authentication. Our technology offers users an extremely convenient means of unlocking their devices and apps, while offering extreme protection against intruders.” – Todd Mozer, CEO, Sensory Mobile World Congress 2019 is a hub of biometrics and…

MasterCard Emphasizes Importance of Biometrics, Tokenization

MasterCard Emphasizes Importance of Biometrics, Tokenization

MasterCard has been speaking about its digital securitization efforts at this year’s Risk to Reward conference in London, according to a Business Reporter article by Joanne Frearson. To that end, the company says it’s developing fingerprint and facial biometric systems. “The future is moving towards biometrics,” said Ajay Bhalla, MasterCard’s president of enterprise security solutions.…

Biometric Analysis Reveals Consumer Responses to Advertising

Biometric Analysis Reveals Consumer Responses to Advertising

A consumer research company has used biometric technology to analyze audience responses to video advertisements across multiple platforms. The company, Innerscope Research, found that ads on TV generate much stronger responses than they do on Facebook. Innerscope’s study analyzed the physiological responses of 390 participants, who were asked to watch ads on TV, Facebook, mobile…

IMID Mobile Stands Out at ISC West

IMID Mobile Stands Out at ISC West

FST Biometrics  received major accolades at this year’s ISC West conference. The company was spotlighted for its IMID Mobile solution, winning the 2015 Security Sales & Integration MVP award in recognition of the product’s impact on integrators, and an Honorable Mention in the Security Industry Association’s 2015 New Product Showcase. The company’s IMID (In-Motion Identification)…

News Roundup: The Apple Watch Launch

News Roundup: The Apple Watch Launch

Today marked the official launch of the greatly anticipated Apple Watch, a wearable gadget that many believe might push smartwatch technology into the mainstream. As such, this past week was filled with news surrounding the new mobile device while we also brought you reports on the Internet of Things, mCommerce and a very wide range…

Amid Apple Watch Fanfare, Samsung Leaks More Details on Gear A

Amid Apple Watch Fanfare, Samsung Leaks More Details on Gear A

As its previously-released and modestly successful smartwatches are eclipsed by today’s launch of the Apple Watch, Samsung has revealed a few more details about a new smartwatch of its own on its blog, according to a Reuters report. Samsung has revealed that its forthcoming Gear A smartwatch will feature a round face, that the company…

Apple Plans Subdued Launch for Smartwatch

Apple Plans Subdued Launch for Smartwatch

Apple is doing its smartwatch launch a little differently. According to a Reuters article by Yasmeen Abutaleb, Friday’s launch of the Apple Watch will be a more quiet and discreet affair than past blockbuster launches of the company’s iPhones. Despite Friday being the official launch date for the wearable devices, Apple won’t be stocking them…

Daon Highlights Success of Biometric Authentication in USAA Mobile App

Daon Highlights Success of Biometric Authentication in USAA Mobile App

Identity and authentication solutions provider Daon is highlighting the success of its client USAA. In a case study, the company is looking at how its IdentityX mobile biometric authentication system has helped the military-focused financial services organization to achieve its goals in providing users with mobile access that employs high-tech security. The multimodal system uses…

Adobe Lightroom Upgraded with Facial Recognition

Adobe Lightroom Upgraded with Facial Recognition

Adobe Lightroom, the professional photo editing program, has been upgraded with a slew of new features including facial recognition, according to a PCMag article by Michael Muchmore. The new version is called Lightroom CC and is available via an Adobe Creative Cloud Photography subscription or as a standalone purchase. The program offers other features as…

Interview: Jeff Harris, SVP, ImageWare Systems

Mobile ID World president Peter O’Neill recently conducted an interview with Jeff Harris, senior vise president of ImageWare Systems. The conversation begins with some background on the biometric identity services company before looking at its recent CTIA award and Harris’ thoughts on the ongoing debate over authenticating on-device and in-the cloud. Peter O’Neill, President, Mobile…

Samsung SDS Announces Biometric Mobile Payment Service

Samsung SDS Announces Biometric Mobile Payment Service

Samsung’s IT service affiliate has announced plans to launch its own fingerprint mobile payment service, according to a ZDNet article by Cho Mu-hyun. Samsung SDS says the service will start in South Korea in partnership with KG Inicis and KG Mobilians, and later expand globally. It’s part of a larger strategy to get involved in…

News Roundup: Alliances Aim at IoT

News Roundup: Alliances Aim at IoT

This week at Mobile ID World the news showcased the wide range of mobile security solutions offered by biometric technology, stories concerning financial and healthcare markets, and some positive predictions in regards to smartwatch and flagship phone sales numbers. We also reported on two security-minded alliances aiming to lock down the looming threat of security…

IdentityX Wins NACUSO’s Big Idea Competition

IdentityX Wins NACUSO’s Big Idea Competition

IdentityX, a Daon affiliate, has won NACUSO’s (National Association of Credit Union Service Organizations) Next Big Idea competition in Orlando. The company was recognized for its mobile biometric authentication platform. The distinction was awarded based on an audience vote after the participating companies presented to the crowd and answered questions from a panel of judges…

Android Lollipop Introduces Voice Unlock for Smartphones

Android Lollipop Introduces Voice Unlock for Smartphones

A new app for the Android 5.0 Lollipop OS can unlock a user’s phone via voice recognition, according to a Popular Science article by Rachel Fobar. Called Trusted Voice, the system initiates when the user performs an “OK Google” voice command. Google isn’t trying to advertise the feature as enhanced security, however. When a user…

American Express Explores Facial Recognition Tech

American Express Explores Facial Recognition Tech

American Express is developing facial recognition technology for use in its products and services, according to a Wall Street Journal article by Kim S. Nash. The company hasn’t yet finalized any specific applications of the technology, but it’s far enough along that it’s being presented to senior managers – and, of course, discussed with the…

Biometric Innovation Boosts USAA Fiscal Results, Customer Satisfaction

Biometric Innovation Boosts USAA Fiscal Results, Customer Satisfaction

Biometric mobile authentication is paying off for USAA. Or, at least, it looks like it’s helping: The military-focused financial services company has announced strong financial results in its 2014 annual report. In a synopsis, the company credited its strong performance – which saw its net worth increasing by ten percent, reaching $27 billion – at…

News Roundup: Smartphones, IoT & The Golden Watch

News Roundup: Smartphones, IoT & The Golden Watch

This week at Mobile ID World brought headlines concerning the Internet of Things, wearable authentication, healthcare, mCommerce and more. Here are the top mobile identity management stories from the first week of April: Watching the Watches, Watching The Internet of Things This week we learned a little bit more about the highly priced Apple Watch…

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