KEY STOCK GAINS: 1. BKYI (BIO-key International) up 100% after securing a $910,000 biometric tech upgrade contract. 2. SHPH (Shuttle Pharmaceuticals) rises 50% following completion of Phase 2 trial site enrollment for glioblastoma treatment. 3. VFC (V.F. Corporation) climbs 19% post strong Q2 earnings report. Investors should monitor key resistance and support levels as market…
Grabba has partnered with Jacky’s Business Solutions and Samsung to offer a biometric verification suite targeting Middle Eastern enterprises. This collaboration enables secure identity verification across sectors, using Samsung devices to streamline access to sensitive data and improve customer authentication. The modular solution caters to varying client needs for technology, enhancing compliance with KYC regulations…
A Visa study reveals that one-third of Swedes are ready to use fingerprint access for various services, with 54% open to unique digital identities. The growing trust in biometrics over passwords is evident, alongside concerns about privacy and data protection that need addressing. Swedish providers are prepared to capitalize on this trend, with advancements in…
The GripID FAP30, launched by GripID and Integrated Biometrics, is claimed to be the smallest multimodal biometric device, incorporating advanced FAP30 fingerprint, iris, and facial recognition capabilities. Its portable design and robust features cater to law enforcement and potential KYC applications, with additional products on the horizon. GripID and Integrated Biometrics (IB) have unveiled the…
The IATA’s 2024 Global Passenger Survey reveals significant shifts in traveler preferences, emphasizing convenience and technology in booking and airport experiences. Key findings highlight the importance of airport proximity, the rise of digital solutions, and a strong desire for efficient travel processes. Younger travelers lead in adopting technology, while regional differences indicate varied priorities among…
AOT has launched an Automated Biometric Identification System using Facial Recognition technology to improve passenger experience at six airports. Available for domestic travelers from November 1, 2024, and for international travelers from December 1, 2024, the system allows for streamlined check-in and boarding processes, eliminating the need for physical documents after initial enrollment. The Airports…
Petnow will reveal its innovative Petnow app at CEATEC 2024, aimed at identifying pets using biometric patterns. The app features both identification capabilities and a lost-and-found service, leveraging a user-friendly interface that captures animals’ unique traits. Established in 2018, Petnow has received multiple awards for its groundbreaking technology, setting itself apart from traditional microchip methods…
Biometric and digital ID technologies are reshaping air travel, particularly appealing to younger generations. The IATA’s 2024 Global Passenger Survey shows that a majority of travelers under 25 prefer digital wallets and biometric systems over traditional travel documentation. While regions like Asia-Pacific lead in adopting these technologies, others, particularly in Europe, remain cautious. National initiatives…
Cabinet Louis Reynaud (CLR Labs) has launched the CLR Cert program aimed at enhancing testing for biometrics and digital identity. The initiative includes compliance assessments for biometric injection attacks, presentation attacks, and performance metrics, extending to EU digital identity wallets and remote verification standards. The program responds to surging security demands in an evolving digital…
Australian police are advocating for legislative changes to allow the use of facial recognition technology in tackling child sexual abuse cases. They argue existing privacy laws hinder effective law enforcement practices, especially following past criticisms regarding AI misuse. Clearview AI serves as a focal point in these discussions, facing scrutiny for past breaches of privacy…
