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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.

 

OneID recertification to DIATF adds reusable digital ID status

OneID has achieved recertification as an identity service provider and orchestration service provider under the UK Digital Identity and Attributes…

 

Linux Foundation supporting wider array of decentralized technologies

In reaction to the increasing adoption of decentralized technologies, The Linux Foundation has started setting up the LF Decentralized Trust,…

 

EU AI Act should revise its risk-based approach: Report

Another voice has joined the chorus criticizing the European Union’s Artificial Intelligence Act, this time arguing that important provisions of…

 

Former Jumio exec joins digital ID web 3.0 project

Move over Worldcoin, there’s a new kid on the block vying for the attention of the digital identity industry and…

 

Chinese investor accuses HumanCode AI and Redrock Biometrics of IP abuse

Forgame Holdings Limited, a company listed on the Hong Kong Stock Exchange and a shareholder of Redrock Biometrics, is initiating…

 

Distribution partnerships for IDVerse, Prove, Indicio, Sumsub, Trust Stamp, AuthID

Biometric identity verification platform providers IDVerse, Prove Identity, Indicio, Sumsub, Trust Stamp, and AuthID have each announced distribution partnerships. IDVerse,…

 

Intercede: quarterlies, annuals, SEC actions

June 20, 2024 – Intercede is reporting best-ever annual results in revenue and net profit from sales of its digital identity…

 

Rights groups urge Clearview plaintiffs to opt out of settlement

Activist groups in California are urging members of a class action against Clearview AI to reject the settlement recently agreed…

 

Clearview, Axess, 3DiVi, Next, Facephi target international growth

Several biometrics providers with established footholds have struck deals to expand into new geographies, while an access control multinational is…

 

Bio-key: quarterlies, annuals, SEC actions

June 17, 2024 – BIO-key reports revenues of $2.2 million in the first fiscal quarter of 2024, and an increase…

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