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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.

 

Integrated Biometrics adds tough, anti-microbial coating to fingerprint scanners

A deal has been reached for the entire fingerprint scanner line of Integrated Biometrics to be surface coated with RepelFlex…

 

Smart Eye acquires Affectiva for eye-tracking biometric technology development

Eye-tracking solutions provider firm Smart Eye announced it will acquire Affectiva for $73.5 million, thus expanding its presence in Boston,…

 

1Kosmos launches passwordless enterprise suite for biometric platform

1Kosmos has developed a suite of frictionless authentication tools based on its private blockchain and advanced biometrics it calls the…

 

Precise Biometrics, BIO-key, Beyond Identity each sign distribution partnerships

Precise Biometrics has agreed to a distribution deal with Swedish wholesaler Elektroscandia Sverige AB, which will resell the YOUNiQ biometric…

 

Map services firm NextBillion.ai raises funds for “Facial AI and NLP” development

Microsoft’s corporate venture fund, M12, has placed $6.25 million in geospatial data startup NextBillion.ai, and its ambitions for enterprise AI,…

 

EAB advocates for biometric border posts to include privacy-enhancing technologies

The non-profit European Association for Biometrics (EAB) has published a position paper this month highlighting the biometric technology that can…

 

Illinois Supreme Court ruling in biometric data privacy suit puts insurers on the hook

West Bend Mutual Insurance Co. is obliged to defend Krishna Schaumburg Tan Inc. from allegations it violated Illinois’s Biometric Information…

 

Zero trust adoption grows as businesses suffer insider and privileged access breaches

Privileged credential theft and insider threats have each affected more than half of organizations in the U.S. over the past…

 

Socure, Idemia and FaceTec add digital identity veterans to leadership

Socure has hired a new advisor and a new chief marketing officer as it seeks hypergrowth with its selfie biometrics…

 

Jumio’s face biometrics platform tops 1M verifications per day

Jumio’s biometric facial authentication platform is now verifying over one million individuals per day. According to the company, the exponential…

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