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SenseTime seeks to break Chinese biometrics giants’ IPO stalemate with $2 billion offering

Chinese face biometrics giant SenseTime has filed to go public in Hong Kong, South China Morning Post reports. The company…

 

AI researchers won’t be playing ‘trust fall’ with Facebook. Or China

There are organizations that AI researchers trust less than Facebook, according to a new paper, and they are all Chinese….

 

Biometric payments on the rise, with face, iris, and fingerprint recognition deployments

Several companies have released new biometric payment platforms or unveiled new projects and data this week. Veritran unveiled a new…

 

Not smarting from US sanctions, SenseTime says its IPO is on again

Face biometrics giant SenseTime is again pushing forward with a planned IPO. Expected to raise as much as $2 billion…

 

China easily gets around US biometrics bans in Uyghur region — report

It is illegal and unethical for U.S. firms to sell DNA sequencers to police in China’s Xinjiang territory, yet according…

 

Chinese facial recognition deployments in India, Europe prompt warnings

Chinese-made surveillance projects including biometrics have accelerated in India in recent years, which were developed in the aftermath of terror…

 

China pushes standards for face biometrics and plenty more

China’s national government has released draft standards, aimed at domestic firms, for securing facial recognition data. Beijing has invited public…

 

Face biometrics giant Megvii approved for $925M IPO on Shanghai Star exchange

Megvii is the latest biometrics unicorn from China to move towards an IPO, with the Shanghai Stock Exchange accepting the…

 

Ant Group plans to divest EyeVerify biometrics in 2021, spooked by US restrictions

Digital service provider Ant Group is selling biometric security firm EyeVerify, also known as Zoloz, amid U.S. privacy concerns regarding…

 

States ponder facial recognition regulation, survey shows heightened privacy concerns in China

More regulations for facial recognition may be coming, with NJ considering a wide-ranging proposal, and a new Amnesty International campaign…

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