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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.

 

Wise AI raises at least $10M to address KYC gap in Southeast Asia

Malaysia-based selfie biometrics and digital ID provider Wise AI has raised at least ten million dollars in a series A…

 

Invixium acquires Triax with plans to expand beyond access control

Toronto-headquartered biometric access control firm Invixium has acquired Connecticut workforce optimization software firm Triax Technologies. A release says Triax’s AI-based…

 

TFH and Worldcoin announce extensions, but not to lofty signup goal

A decision is made to prolong the lock-up period for the Tools for Humanity (TFH) team and investors so that…

 

Identita deny allegations they issued 18K ID cards to foreigners for bribes

The former senior manager of Malta’s Identita, Ryan Spagnol, is suing former MP Jason Azzopardi for libel over allegations that…

 

Retail AI and biometrics provider Aisles raises $100M to launch investment arm

Retail biometrics and technology provider Aisles has launched a new venture capital investment arm, fueled by $100 million in new…

 

SITA wraps up acquisition of Materna IPS

SITA reports it has completed all necessary regulatory and legal procedures and finalized its acquisition of Materna IPS, a provider…

 

Clearview AI earns TX-RAMP certification for biometric data protection

A new certification for Clearview AI will provide data security assurance to the law enforcement agencies that use its facial…

 

Digital ID interoperability and policy to be focus of joint work by DIACC, OIX

Interoperability is something of a holy grail for digital identity systems. A new collaboration between the Open Identity Exchange (OIX)…

 

SoftBank integrates NEC’s biometrics for tailored digital transformation

SoftBank is integrating NEC Corporation’s multimodal biometric authentication, Bio-IDiom, with its extensive range of communication networks and security services. By…

 

SITA hits record sales and plans further biometrics expansion

SITA is reporting nearly $1.5 billion in 2023 revenues, up 7 percent from the year before, from record sales its…

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