Jumio downsizes as identity verification providers respond to economic climate
Jumio has laid off more than 100 from its workforce, a source tells Biometric Update. The company confirmed that it…
Trade Notes
Trade notes refers to significant developments in the biometrics industry. This includes corporate appointments, venture capital, funding, mergers, acquisitions, litigation and launches.
Potentially a big week for Microsoft’s AI aspirations
Vall-e has chopped its learning time to 3 seconds, and Microsoft might be near big stake in Open AI. Microsoft…
Totm issues shares to complete $46M International Biometrics acquisition
Totm Technologies has paid $46.1 million to complete the acquisition of the remaining 49 percent stake it did not own…
Start-up unveils data vault protected by biometrics for ID applications
New York-based startup Footprint is building on a $6 million seed round completed in August to create a vault for…
Forensic applications of next-gen biometrics boosted by acquisition, police planning
Next-generation biometrics for forensic analysis by law enforcement are big business, and expected to grow, as evidenced by Qiagen’s acquisition…
IDPro adds new members, expands certification for digital ID ecosystem
Digital identification professional association IDPro has announced it added 11 member companies in 2022, bringing the total to almost 40….
Intellicheck expands multimillion-dollar digital ID contract with financial customer
New York-based identity provider Intellicheck has announced the expansion of a multimillion-dollar contract with an unnamed financial customer. Details about…
Senior leaders appointed at BIO-key and 1Kosmos, promoted by ValidSoft
Identity and Access Management (IAM) and biometrics provider BIO-key and passwordless authentication firm 1Kosmos have brought on board experienced cybersecurity…
Deadline for seats in optics accelerator coming up fast
A business accelerator focused on sensors, optics and imaging is shaking the bushes ahead a submission deadline for 10 startups….
Socure slashes workforce
Socure has reduced its staff by 104 people, cutting nearly 19 percent from its peak workforce in response to softer…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection