FB pixel

Trueface acquired by Pangiam as biometrics market consolidation accelerates

Facial recognition and computer vision will be applied to airport solutions
Trueface acquired by Pangiam as biometrics market consolidation accelerates
 

A flurry of acquisitions of face biometrics providers by digital ID companies has swept up Trueface, which has been snapped up by Pangiam to aid in its mission of providing a safer, faster, more personalized travel experience for all.

Trueface provides computer vision for facial recognition, weapons detection and age verification applications. The company has grown from its founding in 2013 to a top 3 position for biometric accuracy in multiple categories in a recent edition of the Face Recognition Vendor Test (FRVT) from the U.S. National Institute of Standards and Technology (NIST).

The acquisition adds capabilities to Pangiam’s technology which will enable it to create a comprehensive and seamless solution for federal and commercial enterprises, according to the announcement. Trueface founders Shaun Moore and Nezare Chafni will take key leadership positions within Pangiam, as well as continue to lead Trueface.

Trueface also participated in Trade & Travel’s acceleration program, which is a program jointly run by Pangiam and Dcode, to develop solutions with its face biometric technology for the sector.

“We are excited to welcome Trueface to the Pangiam family. Shaun and Nezare are pioneering thought leaders whose advances in computer vision have the potential to drive innovation in identity management, data labeling and biometrics,” says Pangiam CEO Kevin McAleenan.

Pangiam was formed in October 2020 when AE Industrial Partners combined Linkware and PRE, and McAleenan was brought in along with fellow Department of Homeland Security leadership veteran Patrick Flanagan. The company already acquired face biometrics provider veriScan in March. In that acquisition, as in this one, the terms of the deal were not disclosed.

Unlike Pangiam and veriScan, Trueface’s roots lie mostly outside of the airport context, Trueface started out working on consumer smart home security, and gained traction in the government space after working on an ambitious project to reunite victims of Hurricane Dorian in the Bahamas.

“We are thrilled to join the talented team at Pangiam who share our core values to provide equitable benefit to all through computer vision technology. The complimentary technologies that Pangiam has assembled will enable the Trueface team to execute more quickly and fully realize the opportunity of its technologies like facial recognition,” comments Trueface CEO Moore.

Moore wrote a guest post for Biometric Update last March on the impact of the California Consumer Protection Act, and how facial recognition can help maintain people’s rights under it.

Trueface says it has an entrenched position with clients in 13 countries, with applications including touchless access control, body temperature checks, and monitoring for social distancing and PPE compliance.

“Adding Trueface’s technology solutions to Pangiam’s offerings comes at a perfect time, as travel is poised to continue to rebound and passengers want reassurances that the highest health and safety protocols are being followed,” said Kirk Konert, a Partner at AEI. “AEI is pleased to back Pangiam’s second acquisition this year as we continue to support the company’s momentum.”

Trueface recently published an explanation of its efforts to reduce demographic bias in facial recognition.

Article Topics

 |   |   |   |   |   |   |   | 

Latest Biometrics News

 

The UK’s election may spell out the future of its national ID cards

Identity cards are back among the UK’s top controversial topics – thanks to the upcoming elections and its focus on…

 

Challenges in face biometrics addressed with new tech and research amid high stakes

Big biometrics contracts and deals were the theme of several of the stories on that drew the most interest from…

 

Online age verification debates continue in Canada, EU, India

Introducing age verification to protect children online remains a hot topic across the globe: Canada is debating the Online Harms…

 

Login.gov adds selfie biometrics for May pilot

America’s single-sign on system for government benefits and services, Login.gov, is getting a face biometrics option for enhanced identity verification…

 

BIPA one step closer to seeing its first major change since 2008 inception

On Thursday, a bipartisan majority in the Illinois Senate approved the first major change to Illinois Biometric Information Privacy Act…

 

Identity verification industry mulls solutions to flood of synthetic IDs

The advent of AI-powered generators such as OnlyFake, which creates realistic-looking photos of fake IDs for only US$15, has stirred…

Comments

Leave a Reply

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

Most Read From This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events