investment funding

AI Update: The Competition Intensifies

December 7, 2023

Welcome to the latest edition of FindBiometrics’ AI update. Here’s the latest big news on the shifting landscape of AI and identity technology: AMD held a launch event for its […]

AuthID Announces New Funding, Corporate Overhaul

March 10, 2023

Biometric identity verification specialist AuthID is undergoing a massive corporate transition in the wake of a hefty new investment from longtime shareholder Stephen J. Garchik. Company directors have modified a […]

Yoti Receives £10M Lloyds Bank Investment

March 9, 2023

Lloyds Banking Group has made a £10 million investment in digital identity specialist Yoti, a fellow United Kingdom-based firm. The investment comes as Yoti enjoys a rising profile in the […]

ID-Pal Grabs €7 Million in Series A Funding

July 12, 2022

The Irish identity start-up ID-Pal will be looking to expand after bringing in €7 million in Series A funding. The money will supplement the €1 million in seed funding that […]

Another Biometric Ring Startup Is Attracting Investor Attention

July 4, 2022

The wearable authentication specialist Token has landed $13 million in Series B funding. The round was led by Grand Oaks Capital, and coincides with the appointment of John Gunn as […]

Ping to Target IAM Startups With New $50 Million Venture Fund

June 22, 2022

Ping Identity is creating a new venture capital fund to help drive innovation in the identity space. The newly launched Ping Ventures will operate under the direction of Anton Papp, […]

Quickpass Closes $7 Million Series A Funding Round

June 16, 2022

The access management start-up Quickpass Cybersecurity is looking to ramp up its operations after completing is Series A funding round. The company’s raise was originally sitting at a modest $4 […]

TECH5 Brings in Another $10 Million from Singapore Investors

April 6, 2022

TECH5 is proving to be popular with investors in Singapore. The company brought in $10.5 million from Singapore’s TOTM Technologies (previously known as Yinda Infocomm) in 2021, and has now […]

AuthID.ai Secures $22.5M in Financing, Anticipates Positive Cash Flow in 2024

March 21, 2022

AuthID.ai has raised significant investment funding and issued a corporate update signaling that it may be in the early stages of a multi-year growth trajectory. The biometric identity verification and […]

Maxine Most Warns About Rough Waters Ahead for Surging IDV Marketplace

November 19, 2021

Maxine Most is warning that the surging identity verification (IDV) market could prove to be a mixed blessing for many technology providers. Most is the Principal Analyst for Acuity Market […]

Partners

FaceTec’s patented, industry-leading 3D Face Verification and Reverification software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ finally make trusted, remote identity verification possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for 3D Liveness and Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

AuthenticID provides 100% automated identity verification and fraud detection solutions that are leveraged by companies worldwide, including 2 of the top 3 U.S. Banks, 8 out the top 10 wireless providers in North America, and 2 of the 3 credit bureaus. Using proprietary computer vision and machine learning technology, these solutions help companies accurately verify the identity of their users across retail, digital and call center environments for onboarding and ongoing re-authentication events; KYC, IAM, and more. The solutions are easy to integrate and provide customers a large ROI by stopping fraud losses, increasing customer conversion at onboarding, reducing operational costs and allowing quick and cost-effective operational scalability, all while ensuring global privacy regulations are complied with. https://www.authenticid.com/

Anonybit is a privacy-focused technology platform that provides decentralized solutions for securing personal data, particularly biometric information. Rather than storing sensitive data in centralized repositories, which are vulnerable to breaches, Anonybit uses a distributed architecture that breaks data into smaller encrypted bits and stores them across a network of decentralized nodes. This approach ensures that no single entity has access to the full dataset, enhancing privacy and security, even preventing insider threats. Anonybit is used by leading banks, fintechs and other enterprises for critical biometric identity functions like deduplication and blocklist checks, step up authentication, passwordless login and account recovery https://anonybit.io/

Identity Week aims to be a significant identity industry catalyst. It’s our mission is to help accelerate the move towards a world where trusted identity solutions enable governments and commercial organisations to provide citizens, employees, customers and consumers with a multitude of opportunities to transact in a seamless, yet secure manner. All the while preventing the efforts of those intent on doing harm. https://identityweek.net/

The Biometric Digital Identity Prism is a market landscape framework designed to help influencers and decision makers understand, innovate, and implement digital identity technologies and solutions. This innovative framework for understanding and evaluating the rapidly evolving biometric digital identity marketplace is the only market model that is truly biometric-centric based on the foundational conviction that in the age of digital transformation the only true, reliable link between humans and their digital data is biometrics. https://www.the-prism-project.com

ID R&D is an innovator of biometric facial liveness, document liveness, and voice biometrics. Ranked #1 by NIST, our patented passive approach to liveness, and specialized detection of voice clones, injection attacks and deepfakes, empowers KYC and authentication systems with fast, accurate and secure biometric verification technologies. Over 140 partners in more than 70 countries are collectively processing hundreds of millions of identity checks per year. ID R&D solutions easily integrate with mobile, web, messaging, smart speakers, set-top boxes, and IoT devices. Learn more: www.idrnd.ai

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