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CloudWalk raises $250M and plans IPO as biometrics firms flourish in China during pandemic response
CloudWalk has raised US$254 million in funding from a group of provincial and municipal funds in China to become the fourth most well-funded biometric facial recognition company in the country ... Read the whole story here.

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Daily Biometrics News
Biometric payment cards to ride contactless wave, market producing extra 110M units in 2020
Biometric payment cards are expected to play a major role in a trend towards the use of multi-factor contactless transactions...
 
CloudWalk raises $250M and plans IPO as biometrics firms flourish in China during pandemic response
CloudWalk has raised RMB 1.8 billion (US$254 million) in funding from a group of provincial and municipal funds in China to...
Precise Biometrics and BIO-key report revenue gains ahead as new strategies bear fruit
Precise Biometrics has reported a dramatic improvement in its fiscal results for the first quarter of 2020, compared to the same...
 
Selfie biometrics could strengthen age verification but businesses fear for profit
More than half of adult-oriented sites in age-restricted industries in the UK suspect minors have used or purchased their products...
Face recognition systems need to instill trust, but they do not: NIST researchers
Not enough is being done to engender trust in decisions made by facial recognition and biometrics systems, according to a...
 
Deep Labs closes $16M investment to scale behavioral biometrics platform
Deep Labs has closed the initial tranche of a funding deal worth $16 million to invest in expanding its behavioral...
Facial recognition for reduced workplace contact launched by Invixium, Reflexis and Facewatch
Invixium has upgraded two biometric workforce management hardware with fever detection and the introduction of software for touchless operation. The company...
 
Evident ID mobile app with Acuant selfie biometrics to help businesses, stadiums and cities reopen
Evident ID has released an SaaS platform and mobile application with facial biometrics from Acuant for identity verification to assist...
Aadhaar biometrics not required for government aid but coming available for securities eKYC checks
Biometrics will not be required for government aid disbursement in Telangana, after the Indian state’s high court ruled that thousands...
 
Gov.UK Verify processes over 10k new digital ID accounts per day amid COVID-19
Government service Gov.UK Verify grew in popularity during the COVID-19 crisis, reads a blog post from the GDS Digital Identity...
London Metropolitan Police now considering pausing facial recognition expansion
Following several months of growing concerns among privacy rights advocates and an independent report commissioned by London’s Metropolitan Police that...
 
Idex Biometrics reports modest results and housekeeping in run-up to payment cards commercialization
Idex Biometrics has reported revenues in the first quarter of 2020 of $100,000, for an EBITDA and net loss of...
  ID R&D passive biometric facial liveness integrated by Hive for enterprise onboarding
  DHS partners with Qualcomm, Kryptowire to develop biometric mobile security API
  Researchers look for biometric systems’ blind spots
  Report outlines biometric tools used to solve federal crimes
  EU civil society group calls for ban on public surveillance biometrics as privacy authorities issue warnings
  Trust in biometric security for financial data online is growing in U.S., Canada, Fico survey says
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