Oosto bought for $125M, far less than $352M raised but 6x annual revenues
Israeli real-time facial recognition company Oosto has been acquired by AI-based parking lot operator Metropolis for US$125 million. The figure…
Trade Notes
Trade notes refers to significant developments in the biometrics industry. This includes corporate appointments, venture capital, funding, mergers, acquisitions, litigation and launches.
Laxton to supply hundreds of biometric kits to Honduras under $1.9M UNDP contract
The United Nations Development Programme has selected Laxton to provide hundreds of Biometric Citizen Registration (BCR) kits for Honduras. The…
Leadership change at IBIA follows layoffs at Thales
A major leadership change has been kicked off at Thales Digital Identity & Security and the International Biometrics and Identity…
Microblink, Au10tix, Veriff answer increased demand for AI-enabled IDV
A growing demand for advanced identity verification has driven recent wins for digital identity vendors. Microblink, Au10tix and Veriff are…
New BigBear CEO, executives at Socure, Alcatraz, Pindrop, and Vouched
BigBear.ai has appointed Kevin McAleenan as Chief Executive Officer and member of the Board of Directors effective January 15, 2025. McAleenan…
Next Biometrics: quarterlies, annuals, regulatory
January 17, 2025 – Changes to Aadhaar’s biometrics rules have prompted a temporary pause in Indian business that Next Biometrics says…
Entrust PKI Hub offers ‘all-in-one, container-based virtual appliance’ for PKI
Entrust has announced the launch of PKI Hub, a unified suite of tools for scalable public key infrastructure (PKI), certificate…
Daon expanding in Japan thanks to Elements deal
Daon is expanding its footprint in Japan thanks to a deal with the country’s biometric authentication provider Elements Inc., the…
Fingerprint Cards: quarterlies, annuals, regulatory actions
January 15, 2025 – Revenues for Fingerprint Cards have declined significantly due to the wind-down of its mobile and PC biometrics…
Humanity Protocol launches Humanity Foundation ahead of ‘big moves’
Humanity Protocol, one of the emergent contenders in the market for proof of personhood (PoP), has announced the launch of…
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