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Biometrics investment not constrained by privacy concerns
The investment trend in the digital ID space continues with two acquisitions and a $90 million funding round. Biometrics and computer vision technologies in smart city systems, and privacy concerns around data collection from consumer apps to the metaverse were among our most-read news this week .. Keep reading this report

This week in review continues below. Thanks for reading.
Biometric Update Weekend Reading
Public surveillance biometrics in Europe could be crushed between the EDPS and AI Act
The European Association for Biometrics (EAB) held an ‘Artificial Intelligence Act Workshop’ to inform members about the impact the proposed...
 
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...
Sift acquires Keyless to add biometric passwordless MFA to fraud prevention portfolio
Keyless has been acquired by payment fraud prevention leader Sift to integrate the former’s innovative biometric authentication technology for eliminating passwords....
 
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...
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...
 
Clear, BIO-key biometrics and access control revenues up
Increases in biometrics demand have led to increased revenues for Clear and BIO-key, while Telos ID has contributed to growth...
AuthID patents credit card-like routing for biometric identity authentication
AuthID.ai  has been notified by the U.S. Patent and Trademark Office (USPTO) that it is issuing the patent for securely...
 
iBeta expands biometric security testing with Android accreditation
iBeta Quality Assurance has announced the expansion of its biometric security testing capabilities. Specifically, the company achieved accreditation by Android...
Governments look to biometrics for service provision as Ireland reports huge savings
Digital ministers from around the world gathered for a UK-hosted summit to discuss how technology can help governments improve service...
 
States to bear digital ID costs without income from Apple Wallet contracts
Digital ID contracts signed between Apple and each of four U.S. states make taxpayers responsible for the costs of maintaining...
World foundational digital identity systems under review by Privacy International
Privacy International has begun a series of investigations into the technologies behind foundational digital identity systems in place around the world....
 
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...
UN explores digital identity sector to inform legal identity progress
The UNDP has released the final report of a series of roundtable sessions it held in the spring to examine...
 
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....
  Yoti awarded in Safety Tech Challenge Fund challenge
  South Korean face biometrics data-sharing scandal gets worse
  Fingerprint biometrics still a solid tool for police – despite persistent myths
  Assessments for image quality in face biometrics improving, new standard TBD
  Facial recognition cameras make smart city areas feel safer in Israel and Mexico
  Cruise line patent suggests face biometrics for stateroom access, personalization
  Integration of blockchain and biometrics to redefine digital identity by 2030: report
  SIA examines security technology provider opportunities from US infrastructure spending bill
  Former executive sues Idemia I&S, alleges improper biometric app development outsourcing
  Why financial institutions need a multi-layered security approach to survive the digital transformation
Biometrics White Papers
The rise of ethical facial recognition
Facial recognition offers tremendous benefits to businesses and society when used effectively and responsibly. It’s a convenient way to unlock...
 
Biometric Sensors: Size Matters
The FBI has three standards for single-finger scanners: FAP 10, FAP 20, and FAP 30. All three meet the FBI’s...
Mobile app friction report – Login authentication and password reset
Time spent on mobile financial apps in the US has grown more than 90% in 2020. A frictionless mobile app...
 
5 key qualities of a successful AML compliance program
The U.S. and foreign nations have established AML standards to stop financial criminal activity that can hurt your business and...
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...
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