Month: September 2024

Kephart Consulting, LLC has filed patent infringement lawsuits against Clearview AI and AxxonSoft, claiming they violated its patents covering techniques for event security using facial recognition and license plate capture. The lawsuits highlight the innovative aspects of real-time biometric identification and contrast this with traditional reactive security methods. Clearview AI and AxxonSoft face patent infringement…

The AFIS market is likely to grow from $8.8 billion in 2024 to $33.5 billion by 2032, at an 18.2% CAGR. The system is critically used for secure identification and is expanding across several industries including banking and healthcare. Continuous innovation and strategic marketing are essential for tapping into new market potentials. The Automated Fingerprint…

The Biometric Technologies market is projected to expand from $52.65 billion in 2023 to $100.26 billion by 2028, reflecting a CAGR of 13.8%. The growth is driven by rising cybersecurity threats and the integration of biometric solutions in consumer electronics and healthcare. Key players like Fujitsu and IDEMIA lead in innovation, while Asia-Pacific remains the…

Dr. Marina Gavrilova, a professor at U of C, is advancing biometric technologies with a focus on privacy. Her lab seeks to balance public safety needs with ethical concerns surrounding biometric data collection, while also tackling misinformation and bias in AI systems. New initiatives at U of C aim to educate students about trustworthy AI…

Idemia has upgraded its Mobile ID app to enhance accessibility for individuals with disabilities, aligning with the ADA. Key features include screen reader compatibility, adjustable text size, and voice recognition. The initiative, developed in partnership with Applause, aims to provide an equitable digital identity experience while ensuring user privacy and security through biometric access. Idemia…

eTUNNEL has been awarded a contract by the ITU to provide over one million biometric smart cards for UN organizations. The cards incorporate fingerprint sensors and microchips for secure authentication, with a potential revenue of $75 million over five years. eTUNNEL’s advanced P2N2 biometric engine supports multiple identification methods, with plans for additional biometric products…

The Decentralized Identity Foundation (DIF) has announced three new focus tracks for the 2024 hackathon, which aim to advance decentralized identity technologies. The tracks include: file-based identity solutions, personhood credentials and AI verifiability, and self-sovereign identity using zero-knowledge proofs. Key sponsors include Pinata, Cheqd, and Trinsic. Pre-registration is now open with further details expected shortly….

Westcor Land Title Insurance Company has launched val-ID, an identity verification tool powered by Intellicheck, to enhance security in real estate transactions. Val-ID validates various forms of identification through multiple verification channels and allows real-time monitoring of IDs. Doma Title Insurance has also partnered with Intellicheck to combat real estate fraud. The technology aims to…

The United States Fingerprint Identification Module for Door Lock Market is projected to grow significantly, driven by ongoing advancements in biometric technology and rising security concerns. Expected to reach USD xx.x billion by 2023, the market is anticipated to grow at a CAGR of xx.x percent until 2031, with its applications spanning residential, commercial, healthcare,…

The non-contact biometric identification and authentication market in the US is poised for substantial growth, driven by heightened security demands and technological innovations. Key applications include access control and e-commerce security, although challenges such as privacy concerns and regulatory compliance remain. The market is evolving with a focus on integrating advanced technologies like AI for…