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SenseTime Biometrics News


New algorithm pushes into biometric accuracy leaders in latest NIST FRVT

Deep Glint has held onto its top overall spot for biometric accuracy in the latest Face Recognition Vendor Test (FRVT)…

Jan 14, 2021

Huawei, Megvii, SenseTime patents describing biometric ethnicity detection, tracking revealed

Huawei and other China-based firms have attempted to protect technologies related to their ethnicity-tracking biometrics with patents, IPVM has discovered. The tech…

Sep 25, 2020

SenseTime launches education brand to foster AI talent

SenseTime has launched a new series of artificial intelligence solutions for the education sector, as the face biometrics company pursues a…

Aug 27, 2020

European Conference on Computer Vision selects 60 SenseTime papers, face biometrics bias challenge held

SenseTime has announced that 60 papers authored or co-authored by its employees, several with implications for biometric technology, have been accepted…

Aug 26, 2020

Deep Glint and VisionLabs lead latest NIST biometric facial verification report

Steady improvement in facial biometric verification accuracy is shown by the new Face Recognition Vendor Test (FRVT) 1:1 Verification track…

Aug 19, 2020

SenseTime’s biometrics business grows during COVID-19 despite U.S. ban

Despite being included on the U.S. Entity List of blacklisted Chinese companies, SenseTime’s business has been flourishing in China, where…

Jul 31, 2020

Biometrics giant SenseTime rumored to be planning Shanghai IPO at $10B valuation

Just days after SenseTime and other Chinese biometric facial recognition leaders were reported to be recovering well from the effects…

Jul 29, 2020

Biometrics unicorns Megvii and SenseTime’s revenues reportedly bounced back from Entity List impact

Top Chinese biometrics unicorns Megvii and SenseTime are not experiencing prolonged difficulty raising funds or winning foreign contracts despite the blocks put…

Jul 2, 2020

Chinese researchers take top honors in cartoon face recognition challenge

A Chinese entertainment company last week announced the winners of its challenge to write biometric algorithm models that can detect…

Jun 23, 2020

Face and voice biometrics providers in China boosted by AI market growth, Megvii works on robot network

With $2.89 billion registered in 2019, IDC reports the AI software and application market in China is forecast to grow…

Jun 2, 2020

Trust Stamp to file for €29M IPO in Ireland, delayed SenseTime offering may face long wait

An authentication and a biometrics provider have each been planning initial public offerings on different continents, but one is expected…

May 15, 2020

CloudWalk raises $250M and plans IPO as biometrics firms flourish in China during pandemic response

CloudWalk has raised RMB 1.8 billion (US$254 million) in funding from a group of provincial and municipal funds in China to…

Mar 23, 2020

Biometric checks and facial recognition payments to support social distancing, fight spread of covid-19

(Image of Ver-ID courtesy of Applied Recognition) Face biometrics continue to be implemented around the world to support social distancing…

Mar 18, 2020

SenseTime postpones plan for potential blockbuster biometrics IPO, seeks private funding

SenseTime has decided to postpone its Hong Kong IPO of up to $750 million following the global aftermath of the…

Feb 11, 2020

LG CNS collaborates with SenseTime on biometric entry service unaffected by masks

LG subsidiary LG CNS announced it has deployed artificial intelligence-based biometric facial recognition technology from Chinese company SenseTime on 26…

Feb 10, 2020

SenseTime develops biometric identification system for masked faces as Chinese companies adapt to crisis

The Coronavirus outbreak is providing challenges for Chinese authorities that may also be opportunities for biometrics companies like SenseTime and…

Dec 9, 2019

SenseTime forecasts facial recognition revenue increase despite U.S. ban

Despite being included on the U.S. Government’s Entity List alongside 27 other tech companies, SenseTime is rumored to register some…

Nov 28, 2019

SenseTime to lead Chinese working group setting facial biometrics standards

A national-level working group led by SenseTime has convened in China to set standards for biometric facial recognition, as privacy…

Oct 9, 2019

Goldman Sachs reconsiders support of Megvii IPO, MIT reevaluates SenseTime link

Megvii IPO sponsor Goldman Sachs Group has decided to reconsider its role in the biometrics unicorn’s initial public offering, after…

Oct 8, 2019

U.S. drops Entity List hammer on Chinese facial recognition unicorns and biometrics providers

The U.S. Government has added 28 organizations to its Entity List, banning major biometrics companies including Dahua, Hikvision, iFlytek, Megvii,…

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