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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.

 

Biometrics boost Nuance earnings, Prodigy shift to service model progresses

Nuance has reported GAAP revenues of $333.1 million for the fourth quarter of its fiscal 2021 year, up from $307.7 million…

 

Fingerprint Cards splits mobile biometrics, payments into separate subsidiaries

Two new business units are being formed after a strategic review by Fingerprint Cards to serve its different groups of customers…

 

Biometrics investment not constrained by privacy concerns

The acquisition of face biometrics and remote identity proofing supplier Acuant by GBG continues the investment trend in the digital…

 

New CFO for Secret Double Octopus as digital ID technology providers unveil appointments

Secret Double Octopus has appointed Yair Averbuch as its chief financial officer, describing him as an “IPO and scale out veteran”…

 

AuthID patents credit card-like routing for biometric identity authentication

AuthID.ai  has been notified by the U.S. Patent and Trademark Office (USPTO) that it is issuing the patent for securely…

 

Recognition for digital ID service providers Socure, iProov, Prove, ForgeRock, BGMEA

In an eventful week for Digital ID service providers, Socure, iProov and Prove are included in Deloitte’s 2021 Technology Fast…

 

Mozilla to Europeans updating eIDAS: Let’s give this more thought

Mozilla is waving off European Commission members, who are considering an update to their 2014 digital ID framework for online…

 

GBG adds Acuant’s selfie biometrics and Trusted Identity Platform with $736M deal

Acuant is the latest biometric identity verification provider to be snapped up, in a $736 million deal with GBG the latter expects…

 

Yoti awarded in Safety Tech Challenge Fund challenge

Yoti has received two rounds of funding as a prize for participating in the UK government’s Safety Tech Challenge Fund…

 

Stytch reaches unicorn status with $90M Series B, biometrics product ‘coming soon’

Stytch, which provides passwordless authentication through biometrics and other factors, has raised $90 million at a valuation of $1 billion…

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