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Former Goldman Sachs exec joins Hoyos to lead expansion of biometric data security services

Former U.S. National Economic Council Director and President and Chief Operating Officer of Goldman Sachs Gary Cohn has joined Hoyos…

 

Goldman Sachs reconsiders support of Megvii IPO, MIT reevaluates SenseTime link

Megvii IPO sponsor Goldman Sachs Group has decided to reconsider its role in the biometrics unicorn’s initial public offering, after…

 

SureID secures $25M in Goldman financing

SureID, Inc. has closed on a capital raise with Goldman Sachs Specialty Lending Group. This $25 million credit facility allows…

 

Sterling Check Corp. acquired by First Advantage for $2.2B in cash and stock

Atlanta-headquartered First Advantage Corporation, which provides employment background screening, is acquiring biometric identity verification firm Sterling Check Corp. for a…

 

Short seller sounds alarm on SenseTime revenues, citing smart city decline and fraud

SenseTime is defending itself from accusation of fabricating revenue, or at least a lack of risk management, by short seller…

 

Sumsub launches a free tool to detect deepfakes and synthetic fraud

Sumsub has announced the release of For Fake’s Sake, a set of models enabling the detection of deepfakes and synthetic…

 

Idemia on the block with €6B price tag: report

One of the world’s leading biometrics providers and digital identity system integrators, Idemia, is on the block, with a price-tag…

 

Biometric hardware, ID documents and processes to ease travel advance

Biometrics for travel, by air land or sea, are a theme among several of the most-read stories on Biometric Update…

 

Not all fintechs are looking for a hiding place. Plaid and Stripe see opportunities

Fintechs, the firms that have embedded themselves so deeply in world economies, are consolidating and the result will be fintechs…

 

Financing lined up for potential Idemia deal; Thales reportedly still interested

It looks as if the private equity firm owning Idemia has teed up the biometrics and digital ID giant’s sale,…

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