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ImageWare‘s leadership are looking to add further fuel to the company’s ongoing transformation through a partnership with Gateway Investor Relations.
The latter will work with ImageWare’s management team over the coming months to develop an investor outreach and communications program, which will include introductions to institutional investors, sell-sde analysts, and “key influencers” in the finance community, according to a statement announcing the partnership. Gateway will also help to involve ImageWare in investor-related events.
It’s the latest important step in a long-term corporate overhaul being spearheaded by ImageWare CEO Kristin Taylor, who was appointed to the position in early 2020, just ahead of the COVID-19 pandemic. A number of efforts, described by Taylor as “transformative” changes in a recent quarterly update, have been implemented, including important executive appointments and a major rebrand of ImageWare’s flagship biometric security offering.
“Knowing that we find ourselves in the midst of an ongoing transformation, we believe the timing is right to redefine our value proposition to the investment community,” explained Taylor in the company’s latest announcement. “We have a compelling story that we believe needs to be communicated effectively to a wider audience, which is why we’ve selected Gateway to lead these efforts among other investor relations initiatives.”
In announcing the partnership, Taylor also highlighted the unique market opportunities that her company is now facing amid an intensifying need for secure access solutions in the “work-from-anywhere economy” that has solidified in the wake of COVID-19.
“In addition to the value within the historical businesses of law enforcement and public safety, we believe the financial, educational, and automotive spaces are rich with opportunity as the need for secure access leveraging biometrics is becoming one of the best ways to validate one’s identity.” On that note, ImageWare recently announced a new strategic advisory board featuring an executive from Gentex, a provider of automotive biometric technologies.
As for Gateway, the firm’s services were retained by another biometrics specialist – Aware, Inc. – last autumn. Aware’s share prices went on to see a significant uptick going into the new year, before trending downward in recent months.
May 17, 2021 – by Alex Perala
The post ImageWare Looks to Investor Relations With Gateway Partnership appeared first on FindBiometrics.
Another major PC maker is integrating biometric technology from Fingerprint Cards.
In announcing the development, FPC declined to name its customer, which it described as one of the world’s top three PC manufacturers. It’s also a new customer for Fingerprint Cards, which means the company now works with two of the world’s top three PC manufacturers.
The customer’s work to integrate the sensor into a new device is “ongoing”, and FPC says it expects the first volume shipments of its sensors to go out to the client by the end of the year.
It’s another indication of the commercial opportunities that FPC is now pursuing in the emerging PC biometrics market, one of multiple strategic efforts aimed at expanding beyond the mobile biometrics space in which Fingerprint Cards made its name. The company launched a new biometric solution tailored for PC and laptop integrations last summer, and went on to see its technology used in a laptop device from Xiaomi.
Such PC integrations, together with ongoing business in the mobile sector, helped to drive strong revenues for FPC in its most recent quarterly update. The company is also eyeing opportunities in the nascent biometric payment cards market.
“I am very pleased with this additional design win in the PC segment,” commented Fingerprint Cards SVP Ted Hansson. “We are poised for continued growth in this segment, providing the perfect way to add convenient and secure authentication to PCs, thus doing away with the hassle of using insecure passwords and PINs.”
The news comes shortly after FPC’s announcement that it had received a follow-up order from a client in the physical access control sector, and in the wake of FIDO Biometric Component Certification for its partner FEITIAN’s biometric security key featuring FPC technology.
May 17, 2021 – by Alex Perala
The post FPC Now Counts Two of World’s Top Three PC Makers Among Clients appeared first on FindBiometrics.
The FIDO Alliance is speaking out in support of Joe Biden’s recent Executive Order concerning cybersecurity. The Executive Order was signed on May 12, and was issued in response to several high-profile cyberattacks that affected the US government and the national infrastructure. That includes the SolarWinds hack and the more recent ransomware attack against Colonial Pipeline that limited the availability of gasoline.
The Executive Order attempts to shore up some of the security gaps that were exposed in those attacks. To that end, it mandates that government agencies adopt strong multi-factor authentication (MFA) protocols, and encrypt sensitive information to the best of their abilities. That applies both to information being stored in databases and data that is in transit.
Federal Civilian Agencies have 180 days to comply with the Order, and are expected to file a progress update every 60 days. Those that cannot meet the deadline will have to send an explanation to the Secretary of Homeland Security.
For its part, the FIDO Alliance praised the order for emphasizing the importance of MFA, and for making it a priority across the entire federal infrastructure (and not just on the government’s existing PIV/PKI platform). The organization also celebrated the fact that Biden did not specify any one type of MFA, which gives agencies more freedom to implement their preferred authentication system. In that regard, the Order overrides the previous rule that prevented agencies from using any non-PIV authenticator.
The new Order, on the other hand, will allow agencies to use FIDO Authentication as an alternative to PIV technology. FIDO noted that products built to its standards offer full protection against phishing, which is still responsible for the majority of the cyberattacks targeting the government.
The organization has previously worked with the government to bring FIDO authentication protocols to the login.gov web portal. With that in mind, FIDO argued that public and private organizations will need to work together to raise the level of security for essential systems.
May 17, 2021 – by Eric Weiss
The post FIDO Alliance Praises Biden’s New MFA Requirements appeared first on FindBiometrics.
Fingerprint Cards (FPC) is predicting that the market for active capacitive fingerprint sensors will remain strong despite the growing popularity of in-display fingerprint sensors in some recent smartphones. The company noted that it has continuously updated the design of its sensors to keep pace with the rate of innovation and deliver the same utility in a sleeker package.
In that regard, FPC called particular attention to its new FPC1542 sensor, which debuted in October and has since appeared in several new Xiaomi handsets. The FPC1542 is a curved sensor that can be integrated into the power or volume button on the side of the phone to enable capacitive fingerprint recognition without taking up space on the front or back of the device.
According to FPC, the sensor demonstrates how equipment manufacturers can make small design adjustments to improve the user experience in a meaningful way. The company argued that capacitive sensors still offer a compelling blend of convenience and security, making them an appealing option even when measured against newer authentication technologies like in-display sensors and face and iris recognition.
With that in mind, FPC believes that capacitive sensor shipments will increase in the next several years, reaching an estimated 800 million units annually by 2026. Those numbers speak to the growing ubiquity of mobile technology more generally. More and more people are storing digital IDs and making payments with their smartphones, and that creates a need for security solutions that can protect that sensitive information without creating friction.
As it stands, Juniper has indicated that biometric technologies will secure more than $3 trillion in mobile transactions by 2025. FPC, meanwhile, noted that authentication technologies are not mutually exclusive, and that capacitive sensors can be deployed alongside PINs, passwords, or facial recognition to enable two-factor authentication, or to provide people with options that are better suited to different situations. For example, someone might prefer to use a fingerprint sensor to unlock their phone while they are wearing a mask.
FPC credited its smartphone business for its strong sales figures in the first quarter of 2021.
May 17, 2021 – by Eric Weiss
The post FPC Forecasts Continued Growth for Capacitive Sensor Business appeared first on FindBiometrics.
AnyVision is providing touchless access control and timekeeping services for a food production company in Toronto. FGF Brands mass-produces baked goods for grocery stores, coffee shops, and restaurants, and has a client roster that includes major players like Starbucks and Walmart.
The partnership with AnyVision is intended to help streamline the company’s access and record keeping operations. To that end, FGF Brands has installed AnyVision’s Abraxas access control solution at seven facilities in the Toronto area, and has fully integrated the platform with its own time and attendance tracking software.
Abraxas uses facial recognition to verify the identities of employees as they approach a point of entry. Those employees will be clocked in at the same time, which means that the system will perform both functions in one simple step. FGF will also monitor the health of its employees with AnyVision thermal cameras that can deny access to anyone with an elevated temperature. The company decided to adopt the cameras to help slow the spread of COVID-19.
The integration was carried out via API. The automated system does away with traditional entry mechanisms like key cards and touchscreens, and lets people enter the building without making physical contact with a shared device.
“Facial recognition is only starting to be harnessed by industry to streamline operations and improve employee safety,” said AnyVision CEO Avi Golan. “Organizations like FGF are committed to innovative technologies that are safe, reliable and battle-tested.”
“AnyVision’s state-of-the-art facial recognition solution has become a catalyst for other integrations that fuel our workplace safety and efficiency,” added FGF Data Sciences and Analytics VP Tom Mansourfar.
AnyVision is currently trying to scale its authentication and access portfolio after bringing in $43 million in funding in September. The company’s facial recognition algorithm posted a top-ten overall score in a recent round of NIST testing.
May 17, 2021 – by Eric Weiss
The post AnyVision Provides Biometric Access and Attendance Tracking for FGF Brands Facilities appeared first on FindBiometrics.
Fingerprint identification technology specialist IDEX Biometrics has announced the addition of Catharina Eklof to its team as she was named the company’s newest Chief Commercial Officer (CCO).
Eklof brings with her a wealth of global executive management experience, with 20 years in the financial services, retail, travel, and security sectors, including a number of Fortune 500 companies, and 12 years working out of Mastercard’s London, Brussels, and New York offices.
While at Mastercard, Eklof — who holds an MBA in International Business and a Master of Science in Economics from the University of Uppsala, Sweden — played a vital role helping to establish the payment giant’s global strategic merchant program, which focused on bringing digital payment solutions and new, data-driven business models to organizations around the world.
More recently, she served as the CCO of Stockholm-based cyber security company Defentry AB, and has served on the Board of Directors of the largest securities brokerage in Sweden, Avanza Bank.
“I am very excited to welcome Catharina to our leadership team,” said Vince Graziani, Chief Executive Officer of IDEX Biometrics. “Her considerable experience and expertise in security and card-based payment technologies will be extremely valuable to IDEX Biometrics as we continue to accelerate commercialization of our leading card-based authentication solutions.”
The addition of Eklof, which will take effect on June 1st, comes just a few days after IDEX announced another addition to its team, with the appointment of financial services industry veteran Annika Olsson as the newest member of its Board of Directors.
IDEX is in the midst of preparing for growth opportunities in the emerging biometric payment cards market. In March of this year IDEX announced that the TrustedBio fingerprint sensor it developed for use with biometric cards had moved into the mass production phase.
May 17 2021 – by Tony Bitzionis
The post IDEX Biometrics Announces New Chief Commercial Officer appeared first on FindBiometrics.
US Customs and Border Protection’s biometric traveler screening program continues to expand across the country, this time reaching the Charlotte Douglas International Airport (CLT) in North Carolina.
Dubbed “Simplified Arrival”, the program uses facial recognition to verify travelers’ identities by matching their faces to their travel and identity documents, and matching the latter against government records. The program has come under fire from civil rights groups over concerns including the potential racial bias of facial recognition algorithms, but the CBP has repeatedly boasted about the technology’s utility in catching imposters, and has also highlighted other benefits of the program including enhanced efficiency and the “touchless travel experience” it enables.
The photos of foreign nationals processed through Simplified Arrival are stored in Department of Homeland Security databases, whereas new photos of US citizens are deleted within 12 hours of capture. Those who are not required to provide biometrics when crossing the border are allowed to opt out of the face scan by notifying a CBP officer.
In announcing Simplified Arrival’s implementation at CLT, the CBP indicated that it has plans to further expand the biometric screening system’s presence across the state’s borders, with CBP Charlotte port director Barry Chastain asserting that the “CBP looks forward to partnering with stakeholders at other international ports of entry across N.C. to implement Simplified Arrival.”
Officials at the CLT airport have welcomed the deployment. “We are excited to partner with U.S. Customs and Border Protection to offer Simplified Arrival at CLT,” commented the airport’s Acting Aviation Director, Haley Gentry. “As one of the busiest airports in the world, this innovative technology will provide our millions of passengers each year an enhanced customer experience upon their return to the U.S.”
The CBP’s CLT announcement arrives shortly after the news that Simplified Arrival would be implemented at the Daniel K. Inouye International Airport (HNL) in Honolulu, through a partnership between the CBP and the Hawaii Department of Transportation.
May 17, 2021 – by Alex Perala
The post Biometric Simplified Arrival Comes to North Carolina appeared first on FindBiometrics.
This week’s top stories on FindBiometrics were, with one notable exception, all about facial recognition – for good and for ill.
Let’s start with the exception (and, to be clear, face biometrics still factored in here). FindBiometrics visitors showed considerable interest this week in a recent webinar, now available on-demand, that tackled the mainstreaming of biometrics over the next decade. Participants included FaceTec CEO Kevin Alan Tussy, CITeR Director Stephanie Schuckers, Better Identity Coalition Coordinator Jeremy Grant, and Frost & Sullivan security industry analyst Danielle VanZandt:ON-DEMAND: Redefining Biometrics for the Next Decade of Digital Work and Life
Now, to put facial recognition in the spotlight: readers were drawn to this week’s news that Deliveroo, the UK’s popular food delivery service, is implementing biometric identity checks for its delivery drivers. In an effort to fight fraud, the service will require drivers to periodically submit selfie photos while on the job, to prove that no one else is acting in their stead:Deliveroo Using Facial Recognition to Clamp Down on Shared Accounts
Selfie authentication also shared a bit of the spotlight this week with another approach to biometric security – behavioral biometrics. Renowned selfie onboarding specialist FacePhi has teamed up with behavioral biometrics expert Revelock to offer a comprehensive joint security solution to financial services providers:FacePhi and Revelock Team Up to Provide Comprehensive Coverage for Financial Sector
Meanwhile, another facial recognition specialist, Paravision, had some big investment news. Paravision announced that it had raised $23 million in its latest funding round, attracting contributions from Marlinspike Capital, Atomic, Icon Ventures, Perot Jain, Red Cell Partners, and one of its big-name clients – HID Global:HID Global Contributes to $23 Million Round of Paravision Funding
And finally, readers also showed interest in the dark side of facial recognition. PimEyes came under scrutiny this week for misleading messaging about its face search solution. The company says it protects end users’ privacy, but in practice it may enable stalking and intrusive surveillance:Face Search Specialist PimEyes Criticized for Misleading Business Practices
Stay posted to FindBiometrics next week as we continue to bring you the latest news and interviews from the exciting world of biometrics. To see the hottest stories of the week in mobile digital identity, visit our sibling site Mobile ID World.
May 15, 2021 – by Alex Perala
The post Facial Recognition in the Spotlight: This Week’s Top Biometrics Stories appeared first on FindBiometrics.
Precise Biometrics has released an interim financial report for the first quarter of 2021. In that regard, the company’s performance was slightly worse than it was in the first quarter of 2020, coming in at SEK 20.3 million in revenue (approximately $2.4 million USD) instead of the SEK 23.065 million the company brought in the year before.
According to Precise, much of that shortfall can be attributed to COVID-19, which disrupted the mobile market and created a component shortage for equipment manufacturers. That lowered product volume and decreased the amount that Precise expected to collect in royalties for providing technology for those devices.
However, Precise noted that its efforts to diversify its portfolio have started to pay dividends, and that its move into the access control space has made the company less reliant on the mobile industry alone. The company carried out several YOUNiQ installations during the first three months of the year, deploying face-based access control technology at Science Village in Lund and at the North Country Incubator facility at Clarkson University. The latter represents Precise’s first YOUNiQ project in the United States.
Precise was still active on the mobile front, announcing that Qualcomm has integrated Precise’s biometric matching software into its latest generation of in-display fingerprint sensors. KONA I also received a Mastercard Letter of Approval for a card featuring Precise fingerprint tech, though that letter arrived shortly after the period covered in the report.
Financially speaking, Precise suffered a loss of about SEK 3.8 million (as opposed to a profit of SEK 148,000 in the comparable quarter of last year), but it did enjoy a positive EBITDA of SEK 22,000. Its cash flow from operations came to negative SEK 660,000, down from about SEK 6.9 million in 2020.
Precise believes that its YOUNiQ prospects will continue to improve as companies search for more eco-friendly access solutions that do not rely on plastic cards or tags. The company has launched a pilot project with an existing customer to help minimize energy consumption.
May 14, 2021 – by Eric Weiss
The post YOUNiQ Helps Precise Weather Volatile Mobile Market appeared first on FindBiometrics.
Cerence has officially added P97 Networks to its Cerence Pay partner program. P97’s mobile commerce platform will be fully integrated with the Cerence Pay platform as a result, which will in turn make it much easier for drivers to pay for gas and other goods while on the go.
In that regard, P97 offers support for most of the major fuel brands in the United States, and its services are already available at more than 30 percent of the retail gas stations in the country. The arrangement with Cerence will simply allow drivers to access those services through their vehicle’s infotainment system. More specifically, drivers will be able to use their voice to announce that they intend to purchase gas, and can then authorize that payment biometrically using the car’s face and voice recognition features.
Drivers can also use the platform to look up nearby gas stations (and research their prices and amenities) before plugging one into the navigation system. They can then pay for a car wash or order curbside pickup items from the gas station convenience store if they so desire.
“Voice-powered payments are becoming an increasingly critical element of today’s mobility experience,” said P97 Innovation SVP David Nichamoff. “We are proud to partner with Cerence to bring our gas station commerce services to Cerence Pay.”
“The Cerence Pay partner ecosystem is integral to our delivery of a flexible platform that enables OEMs to create unique branded experiences that meet the needs of their drivers,” added Cerence VP and Apps GM Nils Lenke. “With the addition of P97 to our partner roster, we are further expanding the capabilities of Cerence Pay and the automotive assistant with extensive reach to fueling sites across the US.”
Cerence introduced Cerence Pay back in July. Visa, Parkopedia, and Arrive were all part of the payment ecosystem at launch, with the latter two companies serving as providers of paid parking services. The company has since backed up its cybersecurity posture with ISO 27001 certification, and integrated the Cerence Pay platform with the Xevo Market.
(Originally posted on Mobile ID World)
The post Cerence-P97 Partnership Enables In-Car Gas Payments Via Biometric Authorization appeared first on FindBiometrics.
On this episode of State of Identity, we welcome Yashar Behzadi, CEO of Synthesis AI, a company that is pioneering synthetic data technology to build more capable AI. Behzadi joins host Cameron D’Ambrosi to discuss how data quality and quantity can affect model successes and failures. They also talk about customer pain points and how, ultimately, company founders lay the foundation for company culture.
In episode 45, Oscar talks to David Doret about Open-Measure – the comprehensive, open-source Identity and Access Management (IAM) resource that he created as a not-for-profit initiative. The conversation explores how and why Open Measure came to be – and how anyone working with IAM, in any capacity, can get involved.
“IAM is so transversal within the organisation – we need to work with HR, IT, security, the full workforce, top management, customers – with everyone, basically.”
David Doret is a cybersecurity and IAM veteran. He worked in advisory services helping numerous organisations strengthen their security posture, held twice the position of CISO and specialised in IAM and risk management. He founded and runs the Open-Measure wiki for IAM professionals. He holds an MSc in Information Security, is certified GRCP, PMP, Lean 6 Sigma Green Belt, CISSP, ISO 27001 Lead Auditor and loves studying MOOCs as a hobby. He is currently Deputy CISO and IAM Manager at BNP Paribas.
Contribute or provide feedback to Open-Measure at www.open-measure.org, or follow the LinkedIn feed at www.linkedin.com/company/open-measure/. The Open-Measure wiki can be found at open-measure.atlassian.net/wiki.
Our guest today is actor, former NFL player, artist, activist, advocate, designer, and Ping Identity’s “Chief Identity Champion”, Terry Crews. We talk about how his identity is a complexity of all these things (and more), how to stay authentic to yourself, getting into character, having fun, and more. Most importantly, Terry is NOT taking my job!
[2:30] Why did Terry take on the role of Chief Identity Champion with Ping?
[9:24] How does Terry stay authentic to himself when he’s being pulled in many directions?
[16:42] Identities are complex; they don’t need to be binary or partisan.
[23:01] How identity is wrapped up in what artists are “allowed” to do.
[24:59] How does Terry get into the mindset of playing a different character?
[27:08] Our faults, mistakes, and thus self-reflection are what make us human.
●“The best thing I learned is that everything has a story.” –Terry
●“I have chosen that the stories that I really want to represent also have to represent me.” –Terry
●“You really have to be comfortable going against the grain.” –Terry
●“Give people the same opportunities and empowerment to have some say and control over their digital personas as we do in the analog.” –Richard
●“This is what the great thing about identity is;you choose who you’re going to be.” –Terry
●“We are much more complex than any person that can put us in these little boxes.” –Terry
●“If we’re not always talking about empowerment, then we’re talking about disenfranchisement. Or we are settling for some form of mediocrity that creates situations where not everybody can participate.” –Richard
●“When you’re talking about identity, the only thing you’re talking about is being human.” –Terry
Mentioned in This Episode:Terry Crews, Ping Identity, Andre Durand
On this episode of State of Identity, we welcome André Ferraz, CEO & Co-Founder, and John Lindner, Chief Revenue Office at Incognia. Incognia is a location identity company with solutions deployed on over 60 million smartphones today. They join host Cameron D'Ambrosi to explain why location behavioral biometrics are superior and why companies like Apple and Google are supporting its implementation for fraud prevention and security.