Gates Foundation financial inclusion exit raises questions for DPI ecosystems
The Gates Foundation will end its global financial inclusion work by 2030, saying the sector has made sufficient progress. “Our…
investment
Biometric Update regularly releases news about the topic "investment." The following set of links is available to help you find biometrics news related to "investment" and other relevant terms. Additional tags may be perused by accessing our comprehensive Biometrics Topics list.
World Bank invests $50M in Sri Lanka’s digital transformation
The World Bank has approved a US $50 million project aimed at boosting Sri Lanka’s digital transformation. This grant, initiated…
AI fraud threat continues to spur deepfake detection integration, investment, development
Reality Defender and 1Kosmos have announced a strategic partnership that will see the deepfake detection firm integrate its real-time deepfake…
Innovatrics expands investment into fintech by backing an AI financial advice platform
Innovatrics’ venture arm has announced a new investment in AI-based financial advice service Dalinora, expanding the biometrics company’s reach further…
Deepfake detection startup imper.ai launches with $28M in funding
Investments continue to recognize the threat posed by generative AI, most recently with a public launch and 28 million dollars…
Rwanda eyes $1B digital foreign direct investment to boost economy, innovation
The Rwandan government attracted about $819 million in digital Direct Foreign Investment (DFI) between 2013 and 2023, but it hopes…
Hopae expands European operations to support EU digital identity transition
South Korean digital identity infrastructure company Hopae has announced a “strategic” expansion into the EU, earmarking €5M (US$5.7 million) to…
Africa’s digital public infrastructure drive to get $1B boost from UAE govt
The implementation of digital public infrastructure (DPI) and AI projects is set to get a nudge from the United Arab…
Deepfake crisis gets dire prompting new investment, calls for regulation
Deepfake detection and social engineering defense startup Doppel has raised 70 million dollars in Series C funding. According to Fortune,…
Incode seeks fundraise at $3B valuation to seize emerging biometrics opportunities
Incode is looking for a cash influx as it looks to capitalize on new scale and opportunities for government biometrics…
Biometric Market Analysis and Buyer's Guides
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