Biometrics and fraud prevention firms announce awards, events, accelerator and consortium participation

Categories Biometrics News  |  Trade Notes
Biometrics and fraud prevention firms announce awards, events, accelerator and consortium participation

In a series of announcements from around the biometrics and digital ID space, ID R&D and Redrock Biometrics have been included on lists acknowledging leadership, while Nethone has joined an accelerator and Sectigo has joined an industry group, and ZKTeco is holding an online exhibition to share its latest developments.

CyberTech100 has recognized ID R&D’s voice biometrics and anti-spoofing technologies for voice and face by including the company on its Global CyberTech100 list of companies with top information security and financial crime fighting strategies, the company announced.

ID R&D was chosen by an expert panel out of more than 1,000 companies included in a FinTech Global study. The company’s portfolio includes touchless biometric solutions and passive facial liveness to prevent fraud during digital onboarding.

“Established financial institutions need to be aware of the latest security technology in the market to protect their organizations from data leaks and cyberattacks,” said FinTech Global director Richard Sachar, in a prepared statement. “The CyberTech100 list helps senior management filter through all the vendors in the market by highlighting the leading companies in sectors such as Threat Management, Data Governance, Cloud Security, Employee Risk and Fraud Prevention.”

“With demand for digital access, contactless products and services, and the current state of remote work, there has never been a greater need for innovative solutions that protect customer data, secure transactions, and fight fraud,” said Alexey Khitrov, President and co-founder of ID R&D, in a prepared statement. “The team here is committed to continual research and development in order to address these tough challenges and we are honored to have our hard work recognized.”

Technology Innovators Magazine recognizes Redrock Biometrics CEO for leadership

Technology Innovators Magazine has recognized Redrock Biometrics CEO and co-founder Hua Yang for industry expertise and leadership by including him on the Top 25 FinTech CEOs of 2020, the company announced.

“At Redrock, we focus on ensuring a collaborative and supportive workplace that empowers our team to thrive personally and professionally while delivering high-performing, secure and safe biometric solutions,” said Hua Yang, CEO of Redrock Biometrics, in a prepared statement. “I’m humbled to receive the validating honor of being named a Top 25 FinTech CEO and I look forward to continuing to work with my team as we push to meet the rapidly growing requirements of the financial technology industry.”

To make the list, each CEO is evaluated for the impact made on the financial technology industry, leadership achievements, company growth and strength, among others.

Nethone joins Japanese Fintech accelerator program vertical

Polish online fraud prevention startup Nethone has been accepted in the Fintech vertical of Plug and Play Japan, a three-month acceleration program, the company announced.

The program runs from June 4 to the end of September in Tokyo, and has a selection of 104 startups from multiple countries operating in IoT, Fintech, Insurtech, Mobility, Brand & Retail, and Hardtech & Health.

Summit Day will take place for two days in Tokyo on September 29 and 30, and in Kyoto on October 6. Throughout the program, the startups will participate in individual interviews, networking, deal flow sessions, and workshops.

“Japan is continuously ranked among the top five world’s largest e-commerce markets, with revenue amounting to USD 97M already in 2020. As its citizens are continuously shifting from cash to online payments – soon damages from offline credit card fraud will be lower than online,” said Hubert Rachwalski, Nethone CEO, in a prepared statement. “This is where Nethone appears. Joining Plug and Play Japan fits perfectly into our expansion plan for this market, where, among others, we partner in fighting online fraud with an innovation-leading Japanese company.”

Nethone previously joined the Summer 2019 program for Travel & Hospitality in Silicon Valley.

ZKTeco Online Exhibition 2020 – Biometrics & Computer Vision

From June 2 to August 2, ZKTeco is hosting an online event to present its latest tech developments, the company announced.

Attendees have access to Cloud Experience Center, Go live, Regional Zone, and Hero Products. In the Cloud Experience Center, guests can watch explanatory videos about company solutions such as Smart Campus Multi-Security Management Solution, NGTeco Smart Home & Smart Office, ZKBioCloud Parking, Self-service Visitor Management Solution, Smart Security & Computer Vision Enhanced Inspection Solutions, ZKBioBox-Facial Recognition Solution for Large-Scale Scenes, ZKBioCloud SaaS Smart Solutions, ZKBioSecurity All in One Safety Management Solutions, and ZKBioAccess IVS.

The Go Live section was available between June 2 and 4. During that time frame, CEOs, CTOs and product managers held presentations about ZKeco’s products, techniques and solutions. The videos are available in the archive for the duration of the event.

The Regional Zone offers local language presentations, case studies and promotional videos.

Hero Products introduces epidemic prevention products ranging from access control to channel inspection equipped with contactless verification for masked faces and temperature detection.

Sectigo joins Cloud Signature Consortium

Commercial certificate authority and PKI provider Sectigo is now part of the Cloud Signature Consortium to focus on establishing electronic document signing standards, the company announced.

“The Cloud Signature Consortium is making it easier for European Union businesses and governments to successfully comply with the rigorous requirements for secure signatures mandated by eIDAS and similar regulations,” said Lindsay Kent, VP of Product Management, Sectigo, in a prepared statement. “As we begin to enter a new normal, the sector will see increased demand for digital signatures that offer the highest level of authentication and meet compliance standards. Our participation in the CSC enables Sectigo to play an active role in advancing industry standards, and speed widespread adoption of digital signing.”

Due to the growing interest in distributed operating environments, the digital signatures market is estimated to be worth $6.93 billion by 2025, according to the 2019 Digital Signatures Market-Growth, Trends and Forecast Report.

Sectigo’s document signing certificates confirm electronically transmitted documents are legitimate by validating both author and document. The certificates are compliant with international electronic signature/digital signature regulations, such as U.S. FDA CFR 21 Part 11 requirements. The company is included on the Adobe Approved Trust List (AATL), a program for digital signatures.

“The Consortium vision is to promote a single digital market, across Europe and the globe. The ability to use a digital signature on any device, anytime, anywhere, is a basic requirement for today’s workforce,” said Andrea Valle, President of the Cloud Signature Consortium, in a prepared statement. “Our group’s specifications will enable users to choose from a growing ecosystem of interoperable solutions from signing application providers and trust service providers, giving them more choice and flexibility than ever before.”

The Cloud Signature Consortium consists in industry and academic institutions working on developing new standards for cloud-based digital signatures that work with web and mobile applications.

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