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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.

 

Au10tix co-founders negotiating sale of stake at valuation above $1B: report

The two co-founders of Au10tix are in discussions with several funds to sell their majority stake in the identity document…

 

Integrated Biometrics completes compliance testing to MOSIP security standard

Integrated Biometrics is the latest vendor in the digital ID space to join MOSIP as a partner by performing self-testing for…

 

Gigya-linked startup scores $6M to build mobile biometric 2FA

Tel Aviv-based passwordless digital identity provider OwnID raised $6.2 million to build up its authentication service that uses the biometrics…

 

Indicio raises $3.5M to scale up decentralized digital ID services

Seattle-based Indicio has secured $3.5 million from a fundraiser led by investment company Hard Yaka, to advance the adoption of…

 

Signicat expands anti-fraud and onboarding portfolio with Sphonic acquisition

Signicat has acquired anti-fraud and onboarding company Sphonic for an undisclosed sum in a move to grow its line-up of…

 

Hitachi LG, CardLab, Shufti Pro, Datasonic win accolades for biometric products

A joint venture with Hitachi and LG won a design award for its facial recognition smart signage system, CardLab was…

 

Jumio biometrics and identity proofing sales up 140 percent as growth streak extends

Jumio has continued its run of strong financial results with sales growth above 140 percent for its end-to-end identity proofing with…

 

South Africa’s Home Affairs and EOH set for arbitration over $27M biometrics contract

Counter claims between the Department of Home Affairs (DHA) and Johannesburg Stock Exchange-listed EOH tech group continue over a R400 million…

 

KBA twice as helpful to bad actors as customers: Pindrop report

The propagation of data breaches, organized crime rings on the dark web that sell hacked security credentials, and sophisticated fraud…

 

Signs of a COVID hangover in results as China lockdowns dampen biometrics boom

Company financials bring an update on the state of the biometrics and identity sectors with positive figures as GBG releases…

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