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GBG adds Acuant’s selfie biometrics and Trusted Identity Platform with $736M deal
The combined companies have a massive footprint in the digital identity space, bringing in combined revenues of approximately US$358 million, and GBG emphasizes the opportunity it creates in the lucrative U.S. market .. Keep reading this report

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Biometric Update Daily News
Passenger satisfaction with airport biometrics high, more systems rolling out
Airport biometrics deployments are benefitting passengers who use them, and passenger willingness to do so is increasing in turn. New...
 
Virtual landgrab and digital opiate for the masses – monetizing the metaverse
Nobody seems very excited about the metaverse, but also nobody seems to know what it is. This is not stopping...
GBG adds Acuant’s selfie biometrics and Trusted Identity Platform with $736M deal
Acuant is the latest biometric identity verification provider to be snapped up, in a $736 million deal with GBG the latter expects...
 
Veriff supplies selfie biometric onboarding, fraud protection for global employee platform
Veriff’s selfie biometrics and fraud prevention technologies will be offered as an additional layer of safety and security for customers...
Yoti awarded in Safety Tech Challenge Fund challenge
Yoti has received two rounds of funding as a prize for participating in the UK government’s Safety Tech Challenge Fund...
 
Stytch reaches unicorn status with $90M Series B, biometrics product ‘coming soon’
Stytch, which provides passwordless authentication through biometrics and other factors, has raised $90 million at a valuation of $1 billion...
Canadian province delays digital ID rollout as governments unveil plans
The government of the Canadian province of Ontario is not launching its digital ID program this year after all, claiming...
 
Roblox biometric, Instagram liveness features seem to subtract trust
Working to make social media safe for all subscribers may be the most thankless task after spotting and deleting anti-vax...
Nigeria to try again on data protection regulation, India seeks further consultation
Moves to put Data Protection Regulation (DPR) in place in Nigeria, China, and India have seen different developments this week....
 
NIMC says new digital identity verification channels can solve Nigerian passport backlog
Nigeria’s National Identity Management Commission (NIMC) has called on the Nigerian Immigration Service (NIS) to use alternative digital ID verification...
Mantra Softech, Amazon, and PopID biometrics for retail payments advance
Mantra Softech is deploying almost 25,000 of its mTerminal100 biometric devices across various businesses in Uttar Pradesh after winning a...
 
MFA prominent among winners of FIDO Alliance 2021 Developer Challenge
The FIDO Alliance has announced the winners of its 2021 Developer Challenge for on-device digital ID authentication at its Authenticate...
Digital parenting, minimized fraud and a ‘just do it’ attitude: Future Identity Festival
London was the focal point for discussion on ideas and issues surrounding digital identity and digital payments at the Future...
 
FacePhi biometric onboarding recognized for strategic importance from Spanish government
FacePhi and its face biometrics have been declared a strategic asset for Spain’s fintech sector by the country’s Ministry of Industry....
 
 
 
 
 
 
Events and Webinars
The Dark Side of Identity: Mitigating the risks
  November 17, 2021 - December 15, 2021
The Dark Side of Identity: Mitigating the risks Online Nov 17, Dec 1 & 15, 13:30 GMT Digital ID Systems...
Trustworthy Digital Identity Interest Group – Fifth meeting
  November 23, 2021 - November 23, 2021
Trustworthy Digital Identity Interest Group – Fifth meeting Online November 23, 2021, 14:00-15:00 GMT This group aims to unite the...
Egypt Defence Expo (EDEX)
  November 29, 2021 - December 2, 2021
Egypt Defence Expo (EDEX) Cairo, Egypt November 29 – December 2, 2021 The second edition of Egypt’s leading defence and...
Future of Digital Onboarding and Customer Experience
  December 1, 2021 - December 2, 2021
Future of Digital Onboarding and Customer Experience London, UK December 1 – 2, 2021 Future of Digital Onboarding and Customer...
ENBANTEC Retail Banking Conference EMEA
  December 8, 2021 - December 9, 2021
ENBANTEC Retail Banking Conference EMEA Online December 8 – 9, 2021 ENBANTEC is one of the most attractive and important...