Biometric Update for 06/01 - acquisitions, funding, payments, digital ID, data privacy, integration partnerships and much more

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Mitek acquires ID R&D for $49M

By integrating ID R&D’s biometric technologies, Mitek says it can now simplify and secure the entire transaction lifecycle for businesses and consumers with a single authentication solution .. Keep reading this report
Today’s news coverage continues below. Thanks for reading.

Biometric Update Daily News

Biometrically accessed digital wallet coming for EU citizens

EU citizens will be able to verify their ID, access public and private services across the bloc and store digital...

Jumio biometrics to secure Klever crypto wallets

Jumio has been chosen by cryptocurrency wallet Klever to provide biometric identity verification for fast, automated user onboarding compliant with...

Funding moves could see 4 biometric authentication providers raise over $188M

Plurilock and First Advantage have filed paperwork for funding activities that could bring in a combined $150 million, while idwall...

Mitek to integrate ID R&D biometrics for full transaction lifecycle security in $49M acquisition

In a major step towards biometrics industry consolidation, Mitek has acquired ID R&D for $49 million to integrate its face...

Aadhaar draft bill goes beyond biometric lock to protect against fraud

Holders of Aadhaar cards may be able to lock access not just to their biometrics held by the system, but...

Mobile robot takes orders from silhouetted hand gestures (not that one)

Researchers have created a new digital sense, something between vision and touch, for robots interacting with humans. A paper published...

Biometric payment cards can help banks build customer base post-COVID, says FPC

In a recent episode of On the Pulse, Fingerprint Cards (FPC) executives outlined how banks can better target consumer bases...

Red Cross highlights opportunities for digital ID in humanitarian sector

Humanitarian aid organizations are starting to digitize services and adapt to new developments in the digital identity and decentralized identification...

Biometric authentication market consolidates: Prove reaches UnifyID deal, Signicat acquires Encap

Prove has unveiled intentions to acquire UnifyID as part of its plans to enable customers benefit from award-winning behavioral biometric...

Onfido’s biometric data privacy arbitration case looks awfully iffy

Arbitration cases generally are pretty two dimensional. When a buyer signs a contract requiring that any subsequent disagreements must be...

Prodigy rolls out all-in-one biometric ID verification suite

Prodigy Ventures has launched a biometric identity verification platform dubbed IDVerifact, which it says is intended to address the complexities...

Kyrgyzstan launches biometric passport with advanced security features

Kyrgyzstan has launched a biometric passport embedded with enhanced security features, an IT Project Analyst and Architect who worked on...

CMITech and Virdi biometrics integrated for Spanish contactless access control market

Managed security services provider Telefonica Tech has added CMITech’s iris and face biometrics and body temperature screening technology to its...

Allegations in wrongful arrest suit involving face biometrics against Apple, contractor get worse

Apple is facing legal action over an alleged repeated pattern of carelessness and over-reliance on a face biometrics system, followed...

Nigeria on course with digital banking drive as smart addressing system suggested for KYC

Biometrics building trust in African elections, laws must do their part

Biometrics Institute launches 2021 industry survey to gauge usage trends

Precise Biometrics and Qualcomm fingerprint technology chosen for Sharp smartphone

Visa expands partner program with biometrics for digital-first payments experience

Plurilock wins three behavioral biometric security contracts, updates MFA

Events and Webinars

ATMINSEC ATM Security Conference and Exhibition

June 1, 2021 - June 2, 2021

ATMINSEC ATM Security Conference and Exhibition Istanbul, Turkey June 1 – 2, 2021 ATMINSEC ATM Security Conference and Exhibition will...

ENBANTEC Retail Banking Conference EMEA

June 2, 2021 - June 3, 2021

ENBANTEC Retail Banking Conference EMEA June 2 – 3, 2021 Live Virtual Event The ENBANTEC Retail Banking Conference EMEA on...

EAB workshop on fingerprint image quality (NFIQ2.1)

June 15, 2021 - June 16, 2021

EAB workshop on fingerprint image quality (NFIQ2.1) Online June 15-16, 2021 The European Association for Biometrics (EAB) together with the...

FinTech Connect Toronto

June 15, 2021 - June 16, 2021

FinTech Connect Toronto Online June 15-16, 2021 FinTech Connect North America is where teams from major financial institutions go to...

Identiverse

June 21, 2021 - June 23, 2021

Identiverse Denver, CO June 21-23, 2021 Virtual Dates June 21-July 2 The brightest minds in the identity industry come here...

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