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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.

 

Trulioo, Fourthline, SIA, Alcatraz expand boards

Several prominent biometric firms have made significant moves to strengthen their boards in a wave of strategic expansions and leadership…

 

Pair of computer vision firms raise huge corporate venture capital round

A pair of video security and surveillance companies joined at the owner are splitting an almost $200 million round invested…

 

No hearing necessary as biometric data privacy lawsuit against FaceTec dropped

A lawsuit alleging biometric data privacy violations by FaceTec has been formally dismissed without a hearing, after plaintiffs’ counsel discovered…

 

4 biometrics provider quarterly reports that do not look scary-bad

There seems to be less of a feeling of freefall in quarterlies. It is nothing to build a trend on…

 

Malaysian digital ID software maker Innov8tif finds second buyer in a year

A struggling payments software company is planning an all-cash buyout of Malaysian ID verification provider Innov8tif. Revenue Group, which is…

 

Mitek adds Dark Web intelligence to check and identity fraud protection tools

Mitek is building up its fraud protection by partnering with cyber intelligence firm DarkTower to give customers of its Check…

 

Paravision brings deepfake detection to the market after new deal with Five Eyes country

U.S. computer vision developer Paravision announced its plans to develop a product from its prototype deepfake detection platform and bring…

 

Verified acquires Pliance to compliment digital signatures with AML automation

Swedish Software-as-a-Service (SaaS) company Verified, has acquired Swedish regtech start-up Pliance, an AML automation platform for an undisclosed amount. Verified,…

 

Biometrics are getting more attention, for better and worse

Biometrics deployments are being shaped by priorities in other areas, including privacy regulation, border security, and even geopolitics in many…

 

New sales up 130% in BioCatch’s first quarter

Behavioral biometrics firm BioCatch has issued a flattering partial report on its first quarter of 2023. The company, which designs…

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