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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.

 

War in Europe hurts Thales’ digital ID business in the first half, but not much

The ongoing invasion of Ukraine by Russia clipped tens of millions of euros in revenue from the Thales Group’s first-half…

 

FaceTec says use of biometric liveness solution grew nearly 60% in Q2

Privately held 3D face biometrics company FaceTec says its second-quarter revenue rose 81 percent over the same period last year….

 

UK government positions itself away from EU on AI regulation while testing how light touch it can go

The UK government launched a trio of documents concerning AI on 18 July, all with the general purpose of fostering…

 

A buyout, private investment and geo expansion for biometric KYC firms

It has been a week of strategy for biometric KYC vendors. First, Japanese eKYC vendor Liquid Inc said it is…

 

Face biometrics provider Hummingbirds AI picked for accelerator program

Cyber security solution provider Hummingbirds AI has been chosen for the MassChallenge start-up accelerator program which will enable it to…

 

Combate à Fraude picks new CEO to lead digital ID market expansion efforts

Brazil-based identity verification and digital onboarding solutions provider Combate à Fraude (CAF) has hired new chief executive officer Darryl Green,…

 

Funding activity announced by Unum ID and Liquid Avatar to scale online digital identities

Digital ID card network Unum ID has raised $2 million in funding with the intention of ramping up growth of…

 

UK data regulator ICO sets out plan to be recognized and used by public and business

The Information Commissioner’s Office (ICO), the UK’s data regulator, has launched a plan to become better known and better used…

 

Fingerprint Cards retracts forecasts amid worsening market, financials

Sweden’s Fingerprint Cards has retracted its previous sales and EBITDA margin forecasts made in November 2021 as the market outlook…

 

Trust Stamp gets US patent notice of allowance for biometric tokenization

Trust Stamp has received a notice of allowance for a U.S. patent on technology for improving the privacy protection of…

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