Snap, the parent company of the popular iOS and Android social media app Snapchat, has announced its acquisition of video animation startup AI Factory for a reported price of $166 million. The Ukrainian AI Factory is the team behind Snapchat’s popular new Cameos selfie-based video feature, through which deepfake-like videos of the user are generated…
“The partnerships point to a substantially higher profile for Yoti, whose authentication technology revolves around selfie-based facial recognition and document reading through a standard smartphone camera.” A year after its official launch, Yoti is offering a preview of what’s next, promising a major new partnership and enhancements to its mobile app. In a blog post,…
FaceTec has really made a name for itself over the last several months, thanks to its ZoOm 3D Face Login solution. While a number of authentication specialists have sought to leverage facial recognition since Apple began to popularize face unlock for its iPhone X last September, FaceTec’s system stands out for its use of 3D…
Experian is bringing yet more biometric capabilities to its CrossCore anti-fraud platform, thanks to a new partnership with Acuant. The latter is bringing to the table its AssureID solution, which combines document reading with facial recognition in order to match end users against their government-issued IDs. In a statement announcing the partnership, the companies suggested…
Alipay is going to use facial recognition to authenticate users for mobile payments, reports IDG’s Michael Kan in a PCWorld article. The announcement came by way of Jack Ma, the CEO of Alipay’s parent company Alibaba, who provided a few details in a speech at the Cebit trade fair in Germany. Ma explained the development…
