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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.

 

Four biometrics acquisitions in a week highlighted by ID R&D, Trueface deals

The $49 million dollar acquisition of contactless biometrics and passive liveness leader leader ID R&D by Mitek is just one…

 

Capital One Ventures invests in Socure digital identity analytics

Socure has boosted Capital One’s digital identity trust to increase card approval rates and slash false positives for its U.S….

 

Shufti Pro continues to expand, opens office in Ukraine

Shufti Pro has opened a new office in Kyiv, Ukraine to foster the development of biometric identity verification solutions in…

 

Voatz and Irisguard mobile biometric applications, Idemia mDL app honored

Idemia and Voatz have each been recognized by Fast Company’s World Changing Ideas Awards 2021 for their efforts supporting remote…

 

SenseTime considers biometrics IPO options, FPC withdraws Q2 forecast

The next blockbuster biometrics IPO may yet be one of the Chinese facial recognition unicorns, with SenseTime reportedly considering a…

 

Trueface acquired by Pangiam as biometrics market consolidation accelerates

A flurry of acquisitions of face biometrics providers by digital ID companies has swept up Trueface, which has been snapped…

 

New CEO for Idemia I&S North America, first CTO for Pindrop

Donnie Scott has been promoted to the position of Chief Executive Officer of Idemia’s Identity and Security North America business…

 

Drayson brings 3X more power to biometric smart cards with Freevolt reference designs

Drayson Technologies has developed reference designs to provide ‘Plug-n-Play’ radio frequency energy harvesting for next-generation biometric smart cards, which the…

 

Funding moves could see 4 biometric authentication providers raise over $188M

Plurilock and First Advantage have filed paperwork for funding activities that could bring in a combined $150 million, while idwall…

 

Mitek to integrate ID R&D biometrics for full transaction lifecycle security in $49M acquisition

In a major step towards biometrics industry consolidation, Mitek has acquired ID R&D for $49 million to integrate its face…

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