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…
SenseTime
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…
Biometric checks and facial recognition payments to support social distancing, fight spread of covid-19
(Image of Ver-ID courtesy of Applied Recognition) Face biometrics continue to be implemented around the world to support social distancing…
SenseTime postpones plan for potential blockbuster biometrics IPO, seeks private funding
SenseTime has decided to postpone its Hong Kong IPO of up to $750 million following the global aftermath of the…
LG CNS collaborates with SenseTime on biometric entry service unaffected by masks
LG subsidiary LG CNS announced it has deployed artificial intelligence-based biometric facial recognition technology from Chinese company SenseTime on 26…
SenseTime develops biometric identification system for masked faces as Chinese companies adapt to crisis
The Coronavirus outbreak is providing challenges for Chinese authorities that may also be opportunities for biometrics companies like SenseTime and…
SenseTime forecasts facial recognition revenue increase despite U.S. ban
Despite being included on the U.S. Government’s Entity List alongside 27 other tech companies, SenseTime is rumored to register some…
SenseTime to lead Chinese working group setting facial biometrics standards
A national-level working group led by SenseTime has convened in China to set standards for biometric facial recognition, as privacy…
Goldman Sachs reconsiders support of Megvii IPO, MIT reevaluates SenseTime link
Megvii IPO sponsor Goldman Sachs Group has decided to reconsider its role in the biometrics unicorn’s initial public offering, after…
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,…
