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Four biometrics acquisitions in a week highlighted by ID R&D, Trueface deals
The $49M acquisition of ID R&D by Mitek is just one of the major acquisitions jolting an already-lively market this week. Pangiam’s Trueface acquisition, Prove’s deal for UnifyID and Signicat’s purchase of Encap Security mark one of the busiest weeks ever for digital ID tie-ups .. Keep reading this report

This week in review continues below. Thanks for reading.
Biometric Update Weekend Reading
Biometric authentication market consolidates: Prove reaches UnifyID deal, Signicat acquires Encap
Prove has unveiled intentions to acquire UnifyID as part of its plans to enable customers benefit from award-winning behavioral biometric...
 
Mitek to integrate ID R&D biometrics for full transaction lifecycle security in $49M acquisition
In a major step towards biometrics industry consolidation, Mitek has acquired ID R&D for $49 million to integrate its face...
Trueface acquired by Pangiam as biometrics market consolidation accelerates
A flurry of acquisitions of face biometrics providers by digital ID companies has swept up Trueface, which has been snapped...
 
Contactless biometrics estimated to bring in over $9B this year
The global market for contactless biometrics will generate more than $9 billion in revenue this year, and will grow at...
Biometrically accessed digital wallet coming for EU citizens
EU citizens will be able to verify their ID, access public and private services across the bloc and store digital...
 
Biometrics building trust in African elections, laws must do their part
Two-thirds of people attending ID4Africa’s ‘Building Trust in the Democratic Process’ livecast event say biometrics have improved the integrity of...
Visa expands partner program with biometrics for digital-first payments experience
The Visa Fintech Partner Connect program, already launched in Europe to help financial institutions select key technologies for digital-first experiences,...
 
Jumio biometrics to secure Klever crypto wallets
Jumio has been chosen by cryptocurrency wallet Klever to provide biometric identity verification for fast, automated user onboarding compliant with...
While others debate digital health passes, the EU has already hit the ground running
Even as global debates about COVID passports grow heated, digital health certificate programs are launching in the EU. Seven nations...
 
Philippines government calls on government to accept government-issued ID cards
Government agencies and private bodies in the Philippines have been asked to honor the new biometric PhilID national identity credentials....
Precise Biometrics and Qualcomm fingerprint technology chosen for Sharp smartphone
The soon-to-be-released Sharp AQUOS R6 smartphone will feature fingerprint biometric software from Precise Biometrics integrated with the Qualcomm 3D Sonic...
 
Aviation stakeholders discuss biometric data sharing and digital health pass security
The International Civil Aviation Organization (ICAO) brought aviation stakeholders together to discuss information sharing, the progress in airport biometric systems...
 
 
 
 
 
 
 
 
 
 
Biometrics White Papers
Voice Biometric Revolution – Why voice ID is now secure enough for device unlock
There are numerous circumstances where a user needs hands-free access and cannot touch or look at the device directly. This...
 
An introduction to presentation attack detection
Biometrics can deliver a unique combination of high security and ease of use in applications that require identity authentication, such...
COVID-19: Enhanced Safety & Security
The COVID-19 pandemic has fundamentally shifted today’s business environment, with changing policies, social norms, and expectations. The current situation demands...
 
Consumer versus enterprise-grade biometrics
Many enterprises rely on consumer-grade deployments to enable their customers to bypass the normal login process in the company’s mobile...
Events and Webinars
Emerging approaches to the regulation of biometrics: The EU, the US and the challenge to the UK
  June 10, 2021 - June 10, 2021
Emerging approaches to the regulation of biometrics: The EU, the US and the challenge to the UK Online June 10,...
EAB workshop on fingerprint image quality (NFIQ2.1)
  June 15, 2021 - June 16, 2021
EAB workshop on fingerprint image quality (NFIQ2.1) Online June 15-16, 2021 The European Association for Biometrics (EAB) together with the...
FinTech Connect Toronto
  June 15, 2021 - June 16, 2021
FinTech Connect Toronto Online June 15-16, 2021 FinTech Connect North America is where teams from major financial institutions go to...
Identiverse
  June 21, 2021 - June 23, 2021
Identiverse Denver, CO June 21-23, 2021 Virtual Dates June 21-July 2  The brightest minds in the identity industry come here...
Aviation Festival Asia
  June 22, 2021 - June 23, 2021
Aviation Festival Asia Online June 22 – 23, 2021 Join Asia’s Largest Business Aviation Event! Aviation Festival Asia is broadcasting...