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…
Trade Notes
Trade notes refers to significant developments in the biometrics industry. This includes corporate appointments, venture capital, funding, mergers, acquisitions, litigation and launches.
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…
Contactless biometrics estimated to bring in over $9B this year
The global market for contactless biometrics will generate more than $9 billion in revenue this year, and will grow at…
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…
Biometric authentication market consolidates: Prove reaches UnifyID deal, Signicat acquires Encap
Prove has unveiled intentions to acquire UnifyID as part of its plans to enable customers benefit from award-winning behavioral biometric…
Prodigy rolls out all-in-one biometric ID verification suite
Prodigy Ventures has launched a biometric identity verification platform dubbed IDVerifact, which it says is intended to address the complexities…
CMITech and Virdi biometrics integrated for Spanish contactless access control market
Managed security services provider Telefonica Tech has added CMITech’s iris and face biometrics and body temperature screening technology to its…
Biometrics Institute launches 2021 industry survey to gauge usage trends
The 2021 survey to get views from industry stakeholders on trends regarding the deployment and use of biometrics has been…
