NEC announces global biometrics collaborations with Realeyes, Futurex

NEC Corporation has entered an alliance with Realeyes to develop and distribute biometric emotion analysis solutions globally, the company announced.

During the pandemic, wireless 5G technologies improved virtual meetings and online communication, collaboration, entertainment and learning, the companies say. They now want to understand how users interact with the services so they can provide a better, more customized experience.

Realeyes’ product portfolio includes predictive analytics and live measurement of attention and emotion response within streaming and mobile applications, while NEC is expanding its biometric authentication and video analytics technologies in hospitality and marketing.

According to the Memorandum of Understanding (MOU), the two companies will combine their technologies to improve user experience in media, entertainment, education, healthcare, and communication.

“NEC has cultivated biometric authentication and video analytics technologies over many years, and we are excited to now be working in collaboration with Realeyes and their pioneering role in the new field of emotion AI,” said Toshifumi Yoshizaki, Senior Vice President, NEC, in the announcement. “These developments help to realize both companies’ objective of enriching people’s lives and contributing to the realization of a safe, secure, fair and efficient society.”

“This partnership with NEC advances our mission to bring a trillion more smiles to our planet,” said Mihkel Jäätma, CEO of Realeyes. “Our combined technologies along with NEC’s scale will accelerate innovation in making virtual experiences more human in an age where ‘eyes on screens’ and connecting virtually is the new normal.”

NEC APAC partners with Futurex to secure financial services, banking transactions

NEC Asia Pacific has incorporated Futurex’s hardware security modules (HSMs) with its biometric facial recognition technology to add a security layer for financial services and banking transactions. Available both on-premises and in the cloud through Futurex’s VirtuCrypt services, the HSMs use real-time cryptographic key management for facial recognition secure verification. They support a range of cryptographic needs including data encryption, fraud protection, and certificate and key management. Validated under FIPS 140-2 Level 3 and PCI HSM standards, they provide the highest security level, according to the announcement.

NEC’s biometric facial recognition is used around the world for fraud and crime prevention, and public safety, among other uses.

“Behind the scenes, we are powering contactless transactions. We have integrated with NEC, the pioneer of scalable biometrics, to provide real-time verification of face recognition at ATMs,” said Ryan Smith, vice president, global business development at Futurex in a prepared statement. “This provides the security and reassurance financial institutions and customers require.”

“With the current pandemic, financial institutions are looking to adopt contactless banking – including biometric-powered transactions – in their ATMs. By integrating Futurex’s HSMs and NEC’s AI-based face recognition technology, financial institutions can assure their customers that the process is secure and their identities will be protected,” commented Vivian Tay, senior vice president at NEC APAC.

Article Topics

authentication  |  biometrics  |  emotion recognition  |  facial recognition  |  financial services  |  hospitality  |  identity verification  |  NEC  |  secure transactions  |  stocks  |  video analytics