VNSW has initiated a tender for facial recognition technology at major stadiums, aiming for deployment by Q2 2024/2025. Veridas showcases its biometric access control with plans for expansion post-successful trials. The Chick-fil-A Bowl uses ID.me to secure ticket purchasing, while IDmission innovates with self-service draft beer systems. This pattern indicates a growing trend towards biometric…
TECH5 has secured a 15-year, $54 million contract with the Virginia State Police to modernize Livescan technology for fingerprint capture. The project will enhance processing capabilities through the implementation of advanced biometric systems, improving public safety by expediting data submission and accuracy in identifying individuals. The new system will be deployed across approximately 800 Livescan…
Liveness detection emerges as a key defense against advanced AI-driven fraud, with organizations like Jumio enhancing capabilities. The UK’s OfDIA gains formal recognition, while Ireland and Malaysia push forward with national digital IDs. Major advances in biometric technologies, including border controls and facial recognition in retail, reflect a growing emphasis on secure digital identities amidst…
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…
