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Trends in Biometrics and Digital Identity M&A: Insights for 2024 and Beyond

2024 has witnessed significant M&A activity in biometrics and digital identity, emphasizing consolidation and strategic acquisitions by companies to leverage biometric technologies in various sectors, particularly travel. As the industry evolves towards integrating physical and digital identity solutions, increased investments and innovations are anticipated in 2025, especially around digital wallets and identity verification technologies. As…

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Gartner Releases First Magic Quadrant for Identity Verification Assessment

Gartner has published its first Magic Quadrant for Identity Verification, classifying 11 companies into Leaders, Challengers, Visionaries, and Niche Players. Leaders include Sumsub, Socure, and Entrust for their robust IDV products. Visionaries such as Mitek and Au10tix bring innovative strategies. Persona is noted as a Challenger, while Niche Players consist of 1Kosmos, GB Group, and…

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