Biometrics stocks wrap: Ping Identity, Goodix, Ipsidy, Idex

Biometrics stocks wrap: Ping Identity, Goodix, Ipsidy, Idex

Several publicly traded companies in the biometrics and digital ID space have closed 2019 with announcements.

Ping Identity has announced new capabilities, practical guidance, and technology integrations to support enterprises developing Zero Trust security infrastructure.

The Ping Intelligent Identity platform provides enhanced passwordless authentication capabilities with FIDO2 support, and an ‘identifier first’ adapter, which provides user verification with push notifications, facial or fingerprint biometric checks, or other non-password methods. It also offers expanded identity intelligence with attack detection based on user behavior, and enterprise coverage with fine-grained data access control.

New technology integrations include ID Dataweb for continuous identity verification, MobileIron for greater context for device property assessment and policy creation, and Zscaler, which provides its Zero Trust Network Access (ZTNA) service Zscaler Private AccessTM.

Goodix surpasses 100 product integrations

The in-display fingerprint sensor from Goodix has been launched to its 101st commercial product, with the introduction of Oppo’s Reno3 Pro, its 5G flagship smartphone. 5G smartphones have stricter internal space requirements, according to the announcement, and the ultra-thin optical sensor from Goodix frees up space for hardware optimizations while providing premium mobile authentication experiences.

The Enco Free TWS (True Wireless Stereo) headphones from Oppo integrate Goodix’ capacitive 2-in-1 solution for in-ear detection and touch control, which enable users to perform operations with the earphones.

Ipsidy partners for biometric lock with GPS tracking

Ipsidy and fleet management provider Skypatrol have partnered to offer the SkyOne lock, which combines mobile biometric identity authentication with GPS technology.

The SkyOne lock provides increased security for mobile and remote assets, tracking lock location with the Gurtam Wialon platform and performing facial biometric checks to ensure it can only be unlocked by authorized personnel, with the user taking a selfie with the Ipsidy App. The product fits the back gate of most standard trucks, and can also be used for remote warehouses or facilities, according to the announcement.

“Everything starts with trusted identity,” states Philip Beck, chairman and CEO of Ipsidy. “Our identity platform approach allows us to offer a suite of services that our customers can use to seamlessly create the foundation of trust. Working under our established partnership with Skypatrol, we are building on our existing technology and platform to support them and the exciting new SkyOne lock solution.”

SkyLock’s solution also stores a digital record of who opens the lock, when and where they do so for a ‘chain of custody’ record in audit trails.

Idex private placement second tranche registered

Idex Biometrics has announced the registration of the second tranche of shares it previously announced the private placement of, and says that they will be delivered imminently. The tranche consists of 64,574,593 shares, each with a nominal value of NOK 0.15 (US$0.017), and the private placement is made up of 120 million shares.

The company’s total share capital is now NOK 107,698,309.80 ($12.26 million) divided into 717,988,732 shares. The private placement was approved by the board in December.

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