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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,…

 

Cognitec reports biometric identification success in NIST facial recognition testing

The latest results from NIST’s Face Recognition Vendor Test (FRVT) 1:N include successful participation by Cognitec, which according to a…

 

ID4D initiatives and TSA trials top this week’s biometrics and digital ID news

For the second consecutive week, Nigeria and airport biometrics made headlines on Biometric Update, though for different reasons. Several of…

 

India extends deadline for facial biometrics bids as systems around the world seek clarity

India’s National Crime Records Bureau (NCRB) has extended the deadline for bids on participation in its centralized automatic facial recognition…

 

Clear biometric tech deployed at Birmingham-Shuttlesworth International Airport

Clear members traveling through Birmingham-Shuttlesworth International Airport (BHM) are now able to use the biometric identity membership platform to verify…

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