Day: September 22, 2024

SummaryiDenfy and AuthenticID have launched new biometric authentication tools—iDenfy’s automated face authentication and AuthenticID’s Smart ReAuth system. Both innovations aim to enhance identity verification processes, address growing market demands for integrated solutions, and reinforce security amid rising identity fraud incidents. iDenfy and AuthenticID have recently launched advanced biometric authentication tools as part of their effort…

SummaryNotified is integrating Clear’s biometric identity verification into its GlobeNewswire press release distribution platform to enhance digital identity verification. Users can confirm their identity with a single step, creating a ‘Clear Verified’ badge on press releases to assure authenticity. This initiative aims to improve trust in corporate communications while enhancing security for GlobeNewswire customers. Notified,…

SummaryFime is opening a new Technical Centre in Lille, France, to advance NFC document scanning capabilities, employing skilled hardware engineers to assist in comprehensive NFC testing. The initiative aims to support the biometric and payment sectors by enhancing testing solutions and ensuring compliance with industry standards. Fime is set to enhance its capabilities in biometric…

SummaryA class action lawsuit has been filed against Verizon Wireless alleging that the company violates the Illinois Biometric Privacy Act by collecting customer voiceprints without obtaining the required informed consent. Plaintiffs Parker and Doyle assert that Verizon’s Voice ID technology collects biometric identifiers without proper disclosures and consent, thus breaching statutory protections for sensitive personal…

SummaryBIO-key International, Inc. (NASDAQ: BKYI) offers biometric authentication solutions, focusing on passwordless identity verification for various sectors. The company’s recent partnerships aim to enhance market reach, including a $1.9 million warrant agreement and $500K in new contracts. BIO-key remains committed to innovation and financial growth, participating in investor events to expand its presence in the…

SummaryLiminal’s 2024 Digital Identity Landscape report features a new interactive taxonomy for understanding digital ID markets, highlighting market sizes and funding estimates for biometrics and related sectors. The report underscores the growing significance of AI-driven solutions and investment trends in identity verification and biometrics, particularly in emerging regions. The new Market Monitor tool enhances investor…

SummaryThe Arapahoe County Sheriff’s Office will resume using facial recognition technology under new regulatory guidelines. This follows a previous suspension due to service discontinuation by their provider. The accountability report highlights critical aspects such as image quality and potential bias and emphasizes the importance of privacy rights. The department is engaging with the community to…

SummaryMindy Support has created a biometric dataset with 1 million facial images for a leading U.S. tech firm, employing targeted recruitment of 100,000 participants. The dataset aims to improve facial recognition algorithms by ensuring demographic diversity. Participants submitted their images and information through a custom application, with a focus on data privacy and legal compliance….