In January 2025, 56 startups in Biometric Payments have emerged, with 23 funded, including 8 at Series A+. The US leads in company presence. Notable startups include IDEMIA, PayFace, Zwipe, BehavioSec, and TypingDNA, each excelling in distinct biometric technologies for secure financial transactions. In January 2025, there are 56 notable startups in the Biometric Payments…
Veridas is implementing facial recognition technology at El Más Monumental stadium in Argentina, facilitating rapid and secure entry for fans. The biometric system, developed alongside RiverID, allows for quick enrollment and identification. Additionally, Veridas has launched its identity verification platform on Google Cloud Marketplace and is working on a digital identity wallet in Navarra to…
HID Rapid ID provides a three-step fingerprint verification tool for police, enhancing operational efficiency and safety. The Nomad 30 Pocket Reader allows for easy fingerprint capture, even in challenging conditions. The system ensures instant results by cross-checking against databases, contributing to improved public safety and order. HID Rapid ID has introduced a streamlined three-step fingerprint…
The Arapahoe County Sheriff’s Office plans to reinstate facial recognition technology, now subject to new regulations for its policing use. Previously halted due to service discontinuation, the revised deployment stresses accountability and privacy safeguards while aiming to improve law enforcement effectiveness. The ACSO has engaged the public for feedback on implementing this technology responsibly. Facial…
Biometric authentication opportunities are expanding, particularly for government services and payments. J.P. Morgan is set to enhance its biometric payment offerings, contrasting with Zwipe’s struggles in the market. International developments in biometric policies suggest growing demand, although challenges remain in scaling and regulatory compliance. The biometrics sector is experiencing a surge in opportunity, particularly for…
Brazil has launched the Federal Biometric Service to manage biometric ID card issuance, specifically the CIN. The service will implement rigorous biometric verification standards, including adherence to NIST guidelines for fingerprint and facial recognition systems. An implementation plan is expected soon, and millions of CINs have already been issued, enhancing accessibility to services. Brazil has…
A report from Trua emphasizes the rising demand for trust in online platforms as deepfakes and AI present security concerns. Biometric identity verification is vital across sectors like gaming, cryptocurrency, and dating. Companies such as Jumio and Sumsub highlight its effectiveness in combating fraud and ensuring compliance, while increased awareness of romance scams underscores the…
Imply has successfully introduced its ElevenTickets biometric ticketing technology at Beira-Rio Stadium in Porto Alegre, enhancing security and streamlining fan access. The platform is being adopted by other clubs, integrating ticketing, membership management, and access control. The technology’s effectiveness is demonstrated by its impressive ticket sales and market share in the Brazilian Championship league. Imply…
World has launched Android support for World ID Credentials in Malaysia, enhancing global accessibility. This comes after previous iOS support and aims to include passport holders globally. Concerns have arisen regarding illegal biometric trading, particularly in Argentina, as users are warned to protect their personal data amid growing synthetic identity fraud risks. World has announced…
The live events industry is increasingly utilizing biometric technology for ticketing and sales operations, including examples from venues in the U.S. and Latin America. Key players such as Wicket, Veridas, and Clear are leading these innovations, which aim to enhance attendee experience while addressing privacy concerns. Similar biometric applications are emerging in finance, suggesting a…
