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…
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Biometrics companies top award lists for innovation, accessibility and inclusion
A number of organizations from around the world have recognized biometrics providers for their contributions to a number of social…
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…
Biometrics providers among Chinese companies added to U.S. Entity List for rights abuses
Biometrics firms are again prominent among new companies based in China added to the U.S. Government’s Entity List, restricting their…
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…
Megvii gets green light for $500 million Hong Kong IPO
Chinese artificial intelligence unicorn Megvii received a green light from the stock exchange for $500 million Hong Kong IPO, Reuters…
India delays facial recognition tender deadline as Russian systems roll out
A contract to supply biometric technology to India’s new national facial recognition system has not been awarded as planned, as…
Tascent founder joins Paravision to oversee marketing and biometric product management
Joey Pritikin, founder and former co-CEO of Tascent, has been named new Chief Product Officer of Paravision, for which he…
Taiwan to investigate biometrics company Megvii following U.S. blacklisting
After Chinese biometrics company Megvii was blacklisted by the U.S. government last week, Taiwan Economics Minister Sheng Jong-chin announced at…
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,…
