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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.

 

Mobai wins Norwegian Research Council grant for user-controlled shareable biometrics

Facial biometrics company Mobai has won a 12.3 million Norwegian kroner (US$1.2 million) grant from the Research Council of Norway…

 

HID upgrades passkey, FIDO authentication capabilities with IDmelon acquisition

Texas-based HID has reached an agreement to acquire Vancouver, Canada-based logical access control provider IDmelon to upgrade its portfolio of…

 

Biometrics Institute spotlights 5 key industry concerns in annual report

Deepfakes are making it difficult for biometric systems to determine who is fake, while bots and AI agents are making…

 

AI, interest rates and fraud risks set up next potential digital identity M&A spree

Trends in the broader financial market and the policy arena are intersecting with trends in digital identity and cybersecurity in…

 

Coppernic acquires IDV, biometric hardware supplier Fovea, expands market presence

Coppernic is significantly expanding its market presence in identity verification and biometric technology with the acquisition of forensics and security…

 

Socure unveils no-code platform to create branded onboarding flows

Identity verification continues its journey of becoming more seamless, protective and simplified as biometrics companies partner up and launch new…

 

UK tribunal reinstates fine against Clearview AI, clarifies GDPR scope

A 7.5 million-pound (US$10 million) fine levied against Clearview AI by the UK Information Commissioner for violating data privacy regulations…

 

SSI startup TransCrypts raises $15M to expand digital identity, credential verification platform

TransCrypts, a Canadian blockchain self-sovereign identity (SSI) startup focusing on digital identity and credential verification, has secured US$15 million in…

 

RecFaces seeks new biometrics market opportunities, partnerships in Asia

The Business Development Director for Asia Pacific at RecFaces, Oleg Kurochkin, is embarking on what the company has described as…

 

Clear charts path from consumerization of biometrics to cross-sector platform

Clear’s transition to a digital identity platform for many different services includes plans to launch more products this year than…

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