Cognitec has secured a contract with the Australian Department of Home Affairs to supply biometric cameras and software for international travelers at airports. This includes installation and support services, with a target implementation date set for July 2026. Cognitec has secured a contract with Australia’s government to supply biometric hardware and software for international air…
Effective May 7, 2025, military base visitors, including those at Defense Supply Center Richmond, must present Real ID-compliant identification for access. This shift comes as part of the Real ID Act of 2005 to enhance security measures. Starting May 7, 2025, visitors to military installations such as the Defense Supply Center Richmond will need to…
The palm vein scanner market is set to grow from USD 0.77 billion in 2023 to USD 4.73 billion by 2032, with a CAGR of 22.36%. Key drivers include advancements in biometric technology and increasing demand in healthcare, banking, and government sectors. Optical Imaging and hardware components dominate, while North America leads regionally. Innovations like…
BIO-key International will host its Q4 2024 investor call on March 27th at 10 a.m. ET, following a results release before the market opening. The call will be led by CEO Mike DePasquale and CFO Cecilia Welch. Various access options for the call are provided, emphasizing their innovative IAM solutions for security. BIO-key International, Inc….
Australia’s OAIC is enhancing biometric privacy regulations while managing a national Digital ID system and a new children’s online safety code. It faces challenges with reduced staff and a backlog of cases. The recent Bunnings facial recognition case represents a significant test of the OAIC’s enforcement capabilities amid resource limitations. Australia continues enhancing online privacy…
China is implementing new regulations for facial recognition technology to ensure data privacy. These rules will require explicit user consent, clear signage, and provisions for individuals under 14. Organizations managing large amounts of biometric data must register with cybersecurity authorities. These measures reflect growing public discomfort with facial recognition practices and align with existing privacy…
Tech5 has patented a decentralized digital identity verification system that enables secure identity issuance, storage, and verification without centralized databases. The technology supports selectivity in data disclosure and is designed for universal inclusion in digital ecosystems. It is currently being deployed in multiple countries, including those in Africa and Latin America. Tech5 has received a…
Tech5 has patented a decentralized digital ID system that enables secure identity verification without centralized databases. The system supports biometric data, selective disclosure, and integrates blockchain technology, promoting inclusivity and financial access. Tech5 is deploying this system in countries such as the Democratic Republic of Congo, Ethiopia, and Colombia. Tech5 has received patent protection for…
Greece is modernizing its national ID system by introducing a unique 12-digit PIN for every citizen. This identifier replaces multiple former identifiers to ensure greater privacy. Implemented from March 27, the new ID cards retain essential personal information and align with European digital identity standards. Greece has initiated a modernization of its national identification system…
The article explores recent partnerships among companies specializing in KYC/AML identity verification. Notable collaborations include Sumsub with Papaya Global, Signzy with MagicPay, and Alloy with Flagstone UK, all aiming to enhance compliance and improve customer experiences through technological innovations. The biometric identity verification market for Know Your Customer (KYC) and Know Your Business (KYB) is…
