Welcome to DiscoverBiometrics’ digest of identity trade information. Here’s what you could know right now:
Samsung has introduced its newest foldable smartphones, the Galaxy Z Flip4 and the Galaxy Z Fold4. In addition to enhanced digital camera techniques and batteries – to not point out the bizarre folding display design – every machine contains a side-mounted, capacitive fingerprint sensor. A latest ballot of Android Authority readers discovered a powerful choice for authentication through side-mounted fingerprint sensors compared to back-mounted and in-display sensors.
1Password launched the newest cell model of its eponymous password supervisor platform, 1Password 8. Available for each iOS and Android, 1Password 8 helps biometric safety, permitting customers to entry their password vault with a face or fingerprint scan. 1Password raised $6.8 billion in a Series C funding spherical earlier this yr.
Clear’s expedited passenger screening resolution has now been deployed on the Milwaukee Mitchell International Airport. While Clear has been working to increase its biometric screening platform in areas like venue entry, airport deployments stay a central focus, with MKE being the forty fifth airport to hitch Clear’s community.
Iveda has introduced a set of 4 contract wins in Taiwan totaling about $3 million in gross revenues, together with a undertaking to replace entry management, video surveillance, and facial recognition techniques for the Taiwan Stock Exchange. The contracts have been introduced alongside a $5 million personal placement organized with institutional buyers.
Estonia-based Veriff has revamped its model with a brand new emblem and redesigned web site. The selfie authentication specialist introduced that its new branding is supposed to replicate “the company’s next level of growth within the ever-evolving security and identity fraud landscape.”
Aware, Inc. has a brand new Chief Revenue Officer. Craig Herman involves the corporate from 3Play Media, an audio captioning and transcription expertise firm. He has additionally held senior positions with 360insights.com, Localytics, and ExactTarget, a Salesforce firm. Aware CEO Bob Eckel mentioned that Herman’s expertise can be leveraged to “drive repeatable revenue growth.”
AuthID reported sustained revenues and a a lot deeper internet loss for the second quarter. Revenues got here in at $0.1 million for the quarter ended June 30, the identical determine reported in Q2 of 2021. The firm’s internet loss, in the meantime, went from a lack of $3.0 million in Q2 of 2021 to a lack of $6.4 million within the newest quarter. AuthID CEO Tom Thimot mentioned that “macroeconomic headwinds” had “resulted in longer sales cycles than anticipated” for the corporate’s Verified Consumer resolution, whereas curiosity in its Verified Workforce resolution “is a bright spot”.
August 10, 2022 – by Alex Perala