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Sberbank sells VisionLabs stake to focus on STC biometrics

Sberbank is divesting its 25 percent stake in VisionLabs to focus its efforts on biometrics competitor Speech Technology Center (STC), according…

 

Techsign secures funding to deliver biometric authentication, KYC services beyond Turkey

Techsign has secured funding from venture capital partnership Techmine which the company says makes it the highest-valuated digital ID company in…

 

Truepic raises $26M to fight deepfakes and image fraud

Truepic has concluded the second round of funding that saw it raise $26 million to fuel its growth and develop…

 

Persona raises $150M, renews development efforts in digital ID solutions and infrastructures

Persona has announced the closure of a US$150 million Series C funding round led by Founders Fund, with participation from…

 

ID.me, VIDA announce funding to fuel continued digital ID growth

ID.me has secured $100 million in debt financing from funds managed by Fortress Investment Group LLC affiliates, along with an additional…

 

Austin GIS launched to support computer vision IaaS with $6M from Vsblty, others

SaaS based software technology company Vsblty is one of five founding partners of new startup Austin GIS, formed to focus on…

 

$200M fundraise turns Advance.AI into biometric fraud prevention unicorn

Advance.AI is working to finalize a $200 million funding round that would bestow unicorn status on the Singaporean biometric fraud…

 

PopID biometric payment platform now used by over 100 brands

Biometric payment systems provider PopID has recently announced its PopPay solution is now being used by over 100 different restaurant…

 

Sleep biometrics, remote healthcare, sports visualization draw millions in investment

Biometric health monitoring with wearables could reach potential new users numbering in the hundreds of millions as sub-$100 smartwatch sales…

 

High-profile investor funds Zwipe through biometrics launches expected in 2022

Swedish billionaire Erik Selin has invested NOK 104 million (approximately US$11.9 million) in Zwipe through a private placement of 4 million…

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