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Trade Notes

Trade notes refers to significant developments in the biometrics industry. This includes corporate appointments, venture capital, funding, mergers, acquisitions, litigation and launches.

 

Tech5 introduces flexible biometric template protection for its ABIS

Tech5 has developed biometric template protection technology that it says meets the criteria set out in the ISO/IEC 30136 standard….

 

Assa Abloy acquires another physical access control provider

Assa Abloy has acquired Austria-headquartered physical access control systems maker Skidata to expand its portfolio and global presence. Skidata’s portfolio…

 

New FaceTec CLO among avalanche of appointments in biometrics and fraud protection

New executives have been named by biometrics providers FaceTec, Pindrop and Fingerprint Cards, along with C-level appointments by Prove and…

 

UK govt introduces new digital identity verification services bill

The UK government has announced a coming identity verification services bill that will support digital ID products and services from…

 

Data breach raises questions about Fractal ID’s decentralized identity architecture

A data breach at decentralized digital identity verification provider Fractal ID has exposed the ID documents and facial images of…

 

Wise AI raises at least $10M to address KYC gap in Southeast Asia

Malaysia-based selfie biometrics and digital ID provider Wise AI has raised at least ten million dollars in a series A…

 

Invixium acquires Triax with plans to expand beyond access control

Toronto-headquartered biometric access control firm Invixium has acquired Connecticut workforce optimization software firm Triax Technologies. A release says Triax’s AI-based…

 

TFH and Worldcoin announce extensions, but not to lofty signup goal

A decision is made to prolong the lock-up period for the Tools for Humanity (TFH) team and investors so that…

 

Malta officials deny allegations they issued 18K ID cards to foreigners for bribes

The former senior manager of Malta’s Identita, Ryan Spagnol, is suing former MP Jason Azzopardi for libel over allegations that…

 

Retail AI and biometrics provider Aisles raises $100M to launch investment arm

Retail biometrics and technology provider Aisles has launched a new venture capital investment arm, fueled by $100 million in new…

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