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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.

 

Hitachi Vantara Federal newest member of IBIA

Hitachi Vantara Federal, a data storage company serving the U.S. federal government, is now a member of the International Biometrics…

 

Portugal orders Worldcoin to stop collecting iris biometrics for 90 days

Portugal’s data regulator, the Comissão Nacional de Proteção de Dados (CNPD), has imposed a 90-day suspension on Worldcoin’s biometric data…

 

Idemia digital ID unit could be sold off first for $1.1B: report

The Smart Identity wing of Idemia could be the first domino to fall in a piece-by-piece sell-off by owner Advent,…

 

Signicat adds digital signature expertise with SmartWorks acquisition

In a strategic move to strengthen its digital identity solutions, Signicat has acquired Iceland-based digital signatures provider SmartWorks. By combining…

 

South Korea’s Hancom invests, gets Facephi biometrics APAC distribution deal

An investment agreement between Facephi and South Korea-based software company Hancom gives the latter exclusive licensing rights to Facephi’s biometric…

 

Intellicheck nets positive fourth quarter and anticipates further growth

Intellicheck netted $757,000 in income in the fourth quarter of its fiscal 2023, a dramatic improvement capping a year in…

 

Invixium, iProov, ISS, Privy hire to expand market presence

Invixium, iProov, ISS, and Privy look to accelerate growth and expand market presence by adding experience to their executive teams…

 

Launch of NFID Foundation puts focus on SSI in the security industry

Self-Sovereign Identity (SSI) has a new advocacy group, with the launch of the NFID Foundation, a non-profit consortium that promotes…

 

Soft revenue for authID belies strong future earnings

AuthID is projecting confidence after a difficult fiscal 2024, with major increases in revenue on the way. Revenue for the…

 

Trulioo unveils identity verification platform network growth, customer successes

Trulioo has reached a new high match rate for its Person Match biometric identity verification software, which the company says…

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