FB pixel

German facial biometrics startup Saffe touts overall top-15 NIST testing result

 

Saffe Ltd. has placed 14th in the National Institute of Science and Technology (NIST) Face Recognition Vendor Test (FRVT), based on the average performance of each vendor’s best ranks across the test’s five categories in four different evaluations.

The top-15 finish is a source of pride for the 4th-year startup, the company says, noting it outperformed many established vendors, large technology companies and some Chinese AI unicorns. The results confirm Saffe as a global competitor in the facial biometrics market, and the company’s readiness to support strong customer authentication processes at financial institutions, according to the announcement.

“Our main asset is our technology and the world class results at NIST test confirm that we are among the best technology providers in the world for facial biometrics,” comments Saffe CEO André Coelho. “We are sure that our clients will appreciate these results, which further support our goal of creating a network among financial institutions and enterprises.”

Saffe provides its proprietary face matching technology with proprietary liveness detection for facial recognition across multiple channels from the cloud or the client’s premises.

According to research from Visiongain, the market for facial recognition technology will grow to $4.6 billion this year.

Article Topics

 |   |   |   |   | 

Latest Biometrics News

 

New FaceTec CLO among avalanche of appointments in biometrics and fraud protection

New executives have been named by biometrics providers FaceTec, Pindrop and Fingerprint Cards, along with C-level appointments by Prove and…

 

Indonesia issues call for World Bank-backed digital identification project

Indonesia is looking for a company providing consulting services as a part of its upcoming digital transformation project backed by…

 

Affinidi data sharing framework leverages privacy-preserving open standards

Affinidi, a company specializing in data and identity management, unveiled the Affinidi Iota framework at the WeAreDevelopers World Congress. This…

 

Sri Lanka set for January biometric passport launch, plans airport upgrades

Sri Lanka is preparing to begin issuing biometric passports with electronic chips embedded as of January, 2025, according to a…

 

Vending machines with biometric age verification roll out in Germany, US

Vending machines are growing in popularity as a way to sell age-restricted products around the world, with Diebold Nixdorf algorithms…

 

San Francisco police hit with lawsuit over facial recognition use

In 2019, San Francisco became the first city in the U.S. to ban facial recognition technology, forcing the police and…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Read This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events