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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.

 

Strategic shifts to new biometric product mixes drive earnings optimism

Publicly traded biometrics providers have reported mixed results, but Precise Biometrics, Idex Biometrics, OneSpan, Nuance and Secunet all see growth…

 

Passwordless MFA solutions with biometrics launched by SecureAuth, LoginID

SecureAuth has launched a new tool with biometric support to enable safer and more secure authentication on Windows, macOS, and…

 

Paravision plans to hire and expand facial recognition reach with $23M funding round

Paravision has raised $23 million in funding, which the company says reflects its emergence as the technology partner of choice…

 

Healthcare MFA competition concerns scuttle Imprivata-Isosec deal

Negotiations by Imprivata to acquire Isosec have fallen through after the UK’s Competition and Markets Authority (CMA) expressed concerns that…

 

Clearview hires DC lobbyists to educate on face biometrics technology

A lobbying firm founded by former Senate aides has been hired by Clearview AI to carry out “education around facial…

 

Sovrin and ToIP form digital ID cooperation to further trust ecosystems

The Sovrin Foundation and Trust over IP Foundation have signed an agreement committing to mutual cooperation and the intention to…

 

EyeLock signs iris biometrics distribution deal with GalvanEyes

EyeLock has entered a new exclusive distribution agreement for its iris biometrics with GalvanEyes to target domestic real estate and…

 

Infobric adds biometric services for construction sector with MSite acquisition

Biometric workforce management provider MSite has been acquired by Sweden-based Infobric Group, a leading digital services provider for the construction…

 

Thales biometrics sales dinged by pandemic, Ping up, Ipsidy uncertain

Thales’ revenues remained steady in its fiscal 2020 year despite the global pandemic on its biometrics and civil aeronautics businesses,…

 

Okta joins global ID2020 Alliance, completes Auth0 acquisition

Okta is the latest digital ID organization to join the ID2020 Alliance, whose members pool money to fund ID projects…

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