FB pixel

Clearview AI plans to offer face biometrics services to banks, other private businesses

Clearview AI plans to offer face biometrics services to banks, other private businesses
 

Clearview AI is planning to offer its facial recognition technology to banks and other private businesses, its CEO tells The Associated Press.

More specifically, the face biometrics firm’s CEO Hoan Ton-That clarified the company was not for sale, following a recent federal court filing suggesting Clearview AI was “considering selling the app platform to other entities.”

Ton-That told AP the court “incorrectly relayed what the company was trying to tell the judge” about Clearview AI starting to work with entities outside of law enforcement.

Instead, the executive clarified that Clearview AI is planning a new business venture targeting banks and other private businesses that will “compete with the likes of Amazon and Microsoft in verifying people’s identity using facial recognition.”

According to Ton-That, the new “consent-based” solution will reportedly not rely on the company’s 20-billion image database, which will remain reserved for law enforcement use.

The global market for biometric identity verification is expected to leap dramatically for the duration of the 2020s.

The news comes amidst an eventful March for Clearview AI, which saw the company fined €20 million by the Italian privacy guarantor, and making its face biometrics service available to the Ukrainian Ministry of Defense to deliver news of the Russian war dead to families.

Also in the same month, the company welcomed John Bagocius to facilitate sales of the company’s facial recognition app to federal agencies.

Article Topics

 |   |   |   |   | 

Latest Biometrics News

 

Securing user trust and safeguarding platforms with biometric identity verification

Verified trust is the new currency: so says a new report from reusable verified identity and screening company Trua, looking…

 

Essex Police reveal impressive accuracy of LFR from Corsight, Digital Barriers

England’s Essex Police have performed 383,356 match attempts with live facial recognition software from Corsight AI and Digital Barriers, with…

 

US and UK refusal to sign Paris declaration shows divergence in AI strategy

The U.S. and the UK have declined to sign the Paris AI summit declaration, which seeks to establish a “human…

 

DHS’s compliance with AI privacy, civil liberties requirements lacking, IG says

The Department of Homeland Security (DHS) has made strides in developing policies and frameworks to govern its AI use, including…

 

Precise Biometrics: quarterlies, annuals, SEC actions

Feb 13, 2025 – Net sales for Precise Biometrics rose 15.7 percent percent from 75.1 million Swedish kronor (approximately US$7 million)…

 

YouTube, Meta lean into age assurance in 2025

In the past twelve months, age assurance for online content – a method for knowing that a user is of…

Comments

Leave a Reply

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

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events