iProov announces $70M investment

iProov announces $70M investment

iProov, a leader in online biometric face authentication, today announced a $70 million (USD) growth investment from Sumeru Equity Partners (“Sumeru”).

Headquartered in Silicon Valley, Sumeru invests in technology firms with the potential to change the world, with a particular emphasis on helping companies expand in North America.

iProov will use the new capital from Sumeru to rapidly build on its leadership in the United States and expand its international customer base, accelerate the growth of its global partner network, and maintain its position at the forefront of technology innovation while hiring top-quality staff worldwide.

iProov’s patented technologies, Genuine Presence Assurance™ and Liveness Assurance™, are trusted by many of the world’s most security conscious organizations, including the U.S. Department of Homeland Security, the UK Home Office, the UK National Health Service (NHS), the Australian Taxation Office, GovTech Singapore, Rabobank, ING, and others.

Since iProov’s Series A in 2019, the cybersecurity company has achieved substantial growth. iProov tripled its revenues from 2020 to 2021, processing more online verifications during one 10 day period in 2021 than in the whole of 2020. More than 1 million verifications were completed in a single day several times throughout 2021.

“This investment by one of America’s leading growth funds recognizes the preeminent position we have established,” said Andrew Bud, Founder and CEO of iProov. “Our potential is enormous and we now have the resources to scale in the United States and worldwide. Our strong balance sheet will give our customers and partners confidence in our long-term ability to keep them and their customers secure.”

“iProov is a unique business and its combination of patented deep technology, exceptional customer references and hugely capable team positions the company for outstanding future growth,” said Kyle Ryland, Managing Partner at Sumeru. “We’re delighted to support the company in the next phase of its expansion and are very excited about the opportunities that lie ahead.”

Kyle Ryland, Managing Partner of Sumeru, is joining the existing iProov board. iProov was advised on this transaction by Houlihan Lokey and existing investors JRJ Group. Legal advice was provided by Cooley.

SOLO Secure launches biometric personal safety devices

SOLO Secure launches biometric personal safety devices

SOLO Secure, the world’s premier developer of biometric and AI-enabled, mobile security products and situational awareness solutions, today introduced two mobile security devices that offer unparalleled connectivity, AI-infused personalization, and the world’s first biometrically activated self-defense deployment technology. Featuring several industry-first safety innovations and connectivity features, today’s debut of the enterprise-directed SOLO Blade and consumer-focused SOLO Backpacker marks the next evolution of safety and security on-the-go.

Today’s unveiling of the SOLO Blade for security professionals and consumer smartphone case, SOLO Backpacker, are the company’s latest hardware offerings and join SOLO Secure’s expansive personal security ecosystem. At the center of the SOLO Secure digital infrastructure is the multi-functional SOLO Secure app, which serves as a gateway and interface to the complete SOLO Secure user experience. In addition to user settings and device options, the app delivers a one-stop destination for expert self-defense education, personal empowerment videos and literature, as well as access to professional support communities.

Traditionally, the benefits of continuous connectivity and smart security products and solutions have been confined to stationary locations such as homes and businesses. The lack of on-the-go personal security solutions has left millions of consumers and security industry professionals vulnerable and isolated from community services. SOLO Secure proprietary technology brings unprecedented mobile connectivity flexibility and industry-first safety protocols, not previously available in either security industry or consumer personal defense products and services. Some of the benefits of this groundbreaking technology include emotional AI and Edge computing that recognizes a user’s level of emotional distress, body movement and gestures, to proactively identify a threat and summon help from first responders, as well as autonomous deploy drone surveillance to the location. Furthermore, for high-risk situations, the SOLO Blade has the ability to extend a self-defense steel blade that limits activation and use only to the owner via biometric activation.

The latest SOLO Secure solutions and products arrive at a time when cities nationwide are seeking not only an expedited and cost-efficient resolve to emerging threats, but also a successful de-escalation and informative assessment of potentially lethal situations. SOLO Secure’s data-centric solutions, geolocation sensors and situational awareness analytics, provide city planners, residential, hotel and retail space administrators, with reliable and cost-effective security solutions.

“Until now, millions of people have lacked the adequate information to identify, avoid and address personal security threats. SOLO Secure provides consumers and security professionals with the most accurate real-time assessment to successfully manage one’s situational environments, both consciously and autonomously, using the latest breakthroughs in AI, connectivity and biometrics,” said Nate Ramanathan, CEO, SOLO Secure. “Ultimately, the greatest benefit of SOLO Secure personal security technology is fulfilling the inherent needs of all people, which are situational awareness, personal confidence and connection to others.”

SensoryCloud.ai Launches Cloud-Based Voice and Vision AI Services

SensoryCloud.ai Launches Cloud-Based Voice and Vision AI Services

Sensory Inc., a Silicon Valley innovator of machine learning solutions for speech recognition and biometric identification, announces the beta release of SensoryCloud.ai, a complete AI as a Service platform designed for processing voice and vision AI workloads in the cloud. Leveraging Sensory’s decades of experience with voice and vision AI, the SensoryCloud platform is launched with AI services such as Speech to Text, Sound Identification, Wake Word Verification, Face Verification, and Speaker Identification. Additional services and updates will be offered throughout the year.

With SensoryCloud, customers are offered a cloud AI platform that puts them in full control with a focus on flexibility and accuracy. Customers get complete control of how their AI solutions are deployed and how the data is managed and accessed. SensoryCloud delivers a language- and platform-agnostic AI inference engine wrapped in a highly-developed API. Further, the AI experts at Sensory leverage both open-source and proprietary solutions to ensure best-in-class performance and is delivered in containers through an API or light-weight SDKs.

SensoryCloud AI as a Service Includes:

  • SensoryCloud Speech to Text (STT) – A world-class GPU-accelerated speech recognition engine that can be quickly customized to process application-specific jargon. Ideal for either streaming or batch-mode operations with typical word error rates within trained domains of less than 5%.
  • SensoryCloud Wake Word Revalidation – Leveraging the experience of Sensory’s expertise in wake word detection, the cloud-based verification of custom, branded wake words enable up to a 90% reduction in false alarm events.
  • SensoryCloud Sound Identification – Offers an extensive library of sounds with a multi-stage approach optimized for speed, efficiency, and accuracy. Developers can quickly train and learn custom sounds, in addition to the standard sounds like alarms, sirens, breaking glass, crying babies, coughs, sneezes, doorbells, and more.

Sensory historically focused on AI on the edge. However, many embedded clients indicated a strong desire for cloud solutions with degrees of freedom not available from the typical cloud service providers. “We have a history of building fast and accurate AI models, and we paired this capability with some of the brightest and freshest minds in the cloud industry,” states Todd Mozer, Sensory CEO. “The result is a hybrid cloud platform that uses state-of-the-art AI to address customers unique needs for control, flexibility, cost, accuracy, reliability, features, latency, and privacy.”

 

IDEMIA launches a new generation of MorphoWave terminals

IDEMIA launches a new generation of MorphoWave terminals

IDEMIA, a global leader in Augmented Identity, innovates to offer ever more complete and adapted solutions to its consumers. With MorphoWave, users simply wave their hands in a quick and easy gesture to have their four fingerprints 3D-scanned and verified in less than one second.

Launched in 2016, the MorphoWave technology has proven a great success—it is powered through several generations with more than 15,000 gates throughout the world.

In 2022, two new versions will be available for worldwide deployment:

  • MorphoWave™ XP X-tended Performance provides a 20% increase in performance compared with the previous generation, itself recognized as one of the best in the world in the latest NIST rankings. It accomodates demanding deployments with up to 60 users per minute and up to 100,000 user records. Its large color display is ideal for brand customization and user interaction as well as time and attendance management use cases.
  • MorphoWave™ SP Simplified Profile, offers all the essence of MorphoWave to make IDEMIA space security solutions accessible to a larger number of players: smaller installations and companies with less demanding requirements with up to 40 users per minute and up to 10,000 user records.

Both versions leverage the “plug & play” features of Compact, including software integrations with 20 leading access control platforms as well as physical integrations with leading gates/turnstiles manufacturers to enable simpler and more cost-effective deployments.

These two new products incorporate the most advanced biometric algorithms we have ever created, continuing the tradition of our award-winning solutions in the market. We are the only manufacturer of physical access control terminals to undergo such rigorous testing, demonstrating the reliability of our solutions. We will continue to invest in research for greater accuracy and security.
Yves Portalier, Executive VP Biometric Devices at IDEMIA

 

Targus and Synaptics to launch universal dock with bio-Authentication

Targus and Synaptics to launch universal dock with bio-Authentication

Targus, a leader in universal docking solutions and tech accessories, has partnered with a leading provider of connectivity and AI-driven technologies, Synaptics, to launch the world’s first biometric device built into a dock – the USB-C Hybrid/Universal 4K Quad Dock with 100W PD and Fingerprint ID. This exciting innovation (DOCK720) is one of several new connectivity solutions being showcased by Targus (Booth #16734) at CES® 2022, Jan. 5-7, in Las Vegas.

“As the workplace continues to move to remote and hybrid environments, today’s organizations demand greater flexibility, collaboration, and security than ever before to maximize employees’ productivity from any location,” said Andrew Corkill, vice president of global marketing & eCommerce, Targus. “Our DOCK720 is a game changer for enterprises that require secure network connections from any location, while enhancing and simplifying the user’s sign-in experience.”

“We are excited to partner with Targus to develop a docking solution with the most flexible display configurations available in any dock on the market,” said Saleel Awsare, senior vice president and GM, PC and Peripherals at Synaptics. “Leveraging a combination of our DisplayLink universal graphics technology and our latest Cayenne VMM6210 video interface plus Prometheus FS7600 fingerprint sensor, this universal/hybrid dock with fingerprint authentication is uniquely designed to meet the requirements of the evolving workplace—whether users demand a single-display, two-display, or even up to four-display setups—with the added security capabilities of biometrics.”

DOCK720′s key features include:

ADVERTISEMENT
Fingerprint sensor (FPS) integrated in the dock using Match-in-Sensor (MIS) technology
Hybrid design that works with DisplayLink or DP Alt Mode
Single 8K via VMM6210
Two Dual 4K via HDMI or DisplayPort ports via DisplayLink
100W Power Delivery
USB-A = 4 (1 fast charging)
USB-C = 1
RJ45 Gigabit Ethernet Port
Combo Audio Jack
Standard Lock Slot
Universal compatibility with Windows, macOS, Linux, Android, Chrome OS

Another new dock that Targus will be showcasing at CES this week is its DOCK710: USB-C Hybrid/Universal 4K Quad Dock with 100W PD, which offers the same truly universal compatibility and flexible connectivity as the DOCK720, without the built-in biometrics capabilities required by larger enterprises. DOCK710 is the ideal docking solution designed for any organization or at-home user to increase productivity, collaboration, and ease of use in hot desking/hoteling environments.

TECH5 face recognition technology (T5-Face) to be used in Chile

TECH5 face recognition technology (T5-Face) to be used in Chile

TECH5, an innovator in the field of biometrics and digital identity management, and Solem, an international technology company that integrates process and business intelligence to its services to enhance high productivity, efficiency, and continuous transformation of its customers, announced their partnership and launched a biometric-based solution that links a person to their COVID-19 test results biometrically. The solution will help trace the virus, avoid impersonation, formalize consent, and facilitate appropriate quarantining of an infected person.

The solution has been tested on the first customer in Chile and proven its efficacy for biometric traceability. It will now be implemented for the active search of COVID-19 cases. Every worker will go through a weekly digital onboarding process to collect a facial image, test result and number associated with an antigen rapid test, as well as other data. The rapid test number and test result will be linked to a person’s biometrics, and using the biometric matching technology of TECH5, T5-Face, an employer will be able to verify a worker’s identity upon arrival to the worksite.

“The solution is fully inclusive even for those workers who do not have a smartphone, as onboarding can be done in the clinic prior to testing.” – comments Víctor Parra, Solem Product manager. “The same solution can be used in cases when symptoms are suspected to make sure that the person has taken a rapid test, avoiding in this way, the entry of a person with positive virus detection into a worksite.”- says Mr. Parra.

“We are delighted to announce our partnership with Solem. For TECH5 it is a great opportunity to introduce its technologies and solutions to a wider range of customers, as well as prove its effectiveness in various use cases across Latin America.”- comments Jeremy James, TECH5 Vice President Sales for Caribbean & Latin America.

In 2022, the partners are planning to develop other biometric solutions to help stop the spread of a deadly virus.

iDenfy introduces phone verification service

iDenfy introduces phone verification service

iDenfy, a company providing identity verification and fraud detection services, launches an enhanced version of phone verification.

Over the years, institutions and governments worldwide recognized the importance of Know Your Customer (KYC) initiatives to fight fraud effectively. Certain factors can help evaluate the risk associated with each client and take the necessary actions outlined in the Customer Due Diligence (CDD) guidelines.

While verifying the customer’s Personally Identifiable Information (PII) is pretty straightforward according to iDenfy, verifying the phone number is a bit trickier.

“Many people value their privacy above all and will resort to certain methods to bypass the process. Using a made-up number, a “burner phone,” or making use of temporary phone numbers issued by specific websites are among the most popular” Domantas Ciulde, CEO of iDenfy, reflects on the issue.

According to the company, fraudsters know and love these methods. They will never use their actual phone number and will abuse every security gap they can – and there are many more gaps today due to the COVID-19 pandemic. As Israel Aloni, Cyber Security Director at KPMG, put it, “Fraudsters never waste a good crisis.”

Not only is phone number a crucial part of KYC, but many industries also rely on it to communicate with their customers about their newest products, policy changes, etc. If the number is not valid, that’s time and resources wasted, in addition to crucial information not making its way to the client.

iDenfy’s phone verification solution tackles these issues by thoroughly analyzing the data provided by the customer. With a quick API call, iDenfy will deliver crucial information to help assess the risk associated with the phone number and recommend actions. The data will include customer location, roaming country, current network, availability, validity, phone contract details. According to the company, it’s a great way to mitigate the risk of fraud – especially now that digital services and remote operations are the new norms.

Companies can use iDenfy’s phone verification product to double-check their customers by sending them a one-time password or “text to speech” message. It can be used both as an additional fraud prevention tool and as part of the secure onboarding process.

“Phone verification is not new in the market. Many industries use the system to confirm the numbers of their clients and establish a medium for communication. However, our product stands out in its ability to thoroughly analyze the phone number provided and assess the risk associated with it. It’s a flexible tool, as companies can decide for themselves what to do with the information they’ll receive. As face-to-face interactions are much rarer today than in the pre-COVID-19 times, businesses should utilize every tool available to ensure security and transparency,” says Domantas Ciulde.

ixFintech Group announces launch of ixWallet 2.0

ixFintech Group announces launch of ixWallet 2.0

IX Fintech Group Limited (ixFintech) is honoured to announce the successful integration of privacy identity authentication and post quantum computing security into ixWallet to safeguard users’ identity against cybersecurity risk. In Q1 2022, the company also aims to launch ixPoint, the company’s first-ever reward point scheme, as well as the first asset-backed TeaCoin.

The new version of ixWallet comes with two new indexes: ixBitcoin and ixEthereum. These indexes in combination with ixCrypto Index facilitate easy comparison of the performance of the whole Crypto market versus the performance of Bitcoin and Ethereum. ixWallet 2.0 offers more efficient and flexible KYC (Know Your Customer) processes depending on the users’ needs and usage.

“The ixWallet 2.0 marks a momentous milestone in our development journey to provide enhanced protection for our customers’ valuable digital assets. In addition to serving users who want anonymity while satisfying regulators’ requirements on KYC and security, ixWallet 2.0 allows users to choose whether they want to conduct full KYC for regulated activities through its settings,” said Irene Wong, the founder and CEO of ixFintech. This launching event also records a successful collaboration with Polydigi Tech Ltd for its pending patent on the world’s first Anti-Authorised Push Payment (Anti-App) scams and phishing Digital ID authentication s-Factr™ solution and IronCAP, a code-based cryptographic technology by 01 Communique Laboratory Inc as announced in Q2 2021. These technologies are likely to make ixWallet 2.0 the safest digital wallet in the world.

The company is also excited to announce the successful completion of the Proof-Of-Concept Project (PoC Project) on the world’s first audited Tea Cake Tokenisation. The Financial Services and the Treasury Bureau (FSTB) launched the Fintech Proof-of-Concept Subsidy Scheme (the “PoC Scheme”) aiming to encourage traditional financial institutions (the “FIs”) to partner up with Fintech companies to conduct the PoC Project on innovative financial service products. An asset-backed token is a digital token based on blockchain technology that derives its value based on the underlying asset. Coin holders may benefit from the liquidity and price performance of the token in the secondary market. The TeaCoin was designed with the traditional tea cake in mind and is available on ixWallet 2.0 for users to understand asset tokenisation. In the future, investors can store TeaCoins on ixWallet and this will allow them to safeguard their assets until they need to transfer such assets to another party or use them to redeem a real physical tea cake from the tea company.

Fingerprint Cards signs contract for touchless solution with Mantra Softech

Fingerprint Cards signs contract for touchless solution with Mantra Softech

Fingerprint Cards today announced that the company has signed a multi-year contract for its touchless (iris) solution with Mantra Softech India Pvt Ltd, the largest Indian biometric device and sensor manufacturer, exporting to more than 60 countries across the world. Fingerprints’ world-leading, high-security iris recognition solution will be used in multiple devices from Mantra Softech India Pvt Ltd in the coming years.

“We are very pleased with this contract, which confirms the positive trend in demand for touchless solutions. It demonstrates the strength of our solution, and the tight collaboration with Mantra Softech India Pvt Ltd,” comments Michel Roig, SVP Business Line Payment & Access at Fingerprints.

“The combination of Fingerprints’ cutting-edge iris solution and our proprietary hardware highly complement each other. We are really delighted with our close collaboration and look forward to continuing it,” says Hiren Bhandari, Director of Mantra Softech India Pvt Ltd.

Aware expands eKYC offerings by acquiring Fortress Identity

Aware expands eKYC offerings by acquiring Fortress Identity

Aware, a leading global provider of biometrics software products, solutions and services, today announced it has acquired Fortress Identity, a pioneering provider of digital ID verification and biometric authentication. As a result of the acquisition, Aware expands its offerings around identity proofing—enhancing its onboarding, verification and authentication offerings to directly address financial compliance requirements and enable organizations to mitigate risk and curtail increasing fraud.

The FortressID platform from Fortress Identity uses biometric multi-factor authentication to combine onboarding validation and due diligence for compliance and risk management. The result is a highly secure, seamless user experience that eliminates the need for passwords; enables customers to verify identification documents; and directly performs risk and due diligence checks (examples include anti-money laundering (AML), counter-terrorism finance (CTF), and politically exposed persons (PEP)).

“The cloud-native FortressID™ platform is highly complementary to Aware’s current offerings. Its existing customer base will help accelerate our penetration into the most attractive markets in North America and other geographies—furthering our transformation to a SaaS business model and our ability to provide customers with biometrics on demand,” said Bob Eckel, Aware’s chief executive officer. “Furthermore, the acquisition strengthens our position in our core markets in Latin America and Europe and expands our suite of offerings to include each link in the identity value chain.”

Alessandro Chiarini of Fortress Identity said: “Since inception, Fortress Identity’s mission has been to strengthen the integration between digital ID verification and biometric authentication during onboarding so it can be leveraged in subsequent enterprise authentication. It aligns nicely with Aware’s vision of creating a world where individuals own their identity and I’m excited for the collective impact the combined suite of offerings will have.”

IDEX Biometrics expands partnership in cyber security authentication

IDEX Biometrics expands partnership in cyber security authentication

IDEX Biometrics ASA today announced that Dongwoon Anatech ., a global leader in analog and mixed-signal semiconductors, has selected IDEX Biometrics as its biometric sensor partner for its expanding initiative in secure access control and digital identity solutions. Dongwoon Anatech has placed additional orders for TrustedBio® sensors to support a range of card-based access control products with fingerprint authentication.

Kim Dong Cheol, Chief Executive Officer of Dongwoon Anatech, commented, “We are pursuing innovative applications for card-based biometric authentication, which we believe is a very promising market. Due to the unique and personal nature of fingerprints, they are an ideal biometric for providing robust authentication, while delivering a seamless experience for consumers and enterprises. We are very excited about our collaboration with IDEX Biometrics, which offers industry-leading technology and systems support to reduce our time to market.”

Josep Tarradellas Barcelona-El Prat Airport launches facial recognition trial

Josep Tarradellas Barcelona-El Prat Airport launches facial recognition trial

Aena, together with Vueling and the group of technology companies formed by Easier, IDEMIA, Indra, Materna-ips and Mobbeel, has launched a pilot boarding test through facial recognition at the Josep Tarradellas Barcelona-El Prat Airport. It is the first time that it has been carried out in Europe integrating in a single process all the steps to be carried out by a passenger at an airport, including the check-in of the suitcase as a novelty. The objective is that passengers can make the entire route to the plane without having to show identification documentation.

Based on an identification technology through the recognition of the physical and non-transferable characteristics of people, the biometric systems equipment has been located in the check-in area, allowing self-check-in luggage; at the access to the security filter and at the boarding gate, where the biometric data of the passenger, their facial features (image of their face) and documentation (ID or passport) will be validated. This makes it possible to streamline the process and increase security from the moment the traveler registers online at home until he catches his flight. The validation of documentation with biometric data is carried out only once during the pilot, provided that the passenger gives his consent for subsequent flights.

Currently Aena is the sole owner of the biometric database and, therefore, responsible for its management, and the information obtained is treated in accordance with the General Data Protection Regulation (RGPD) established in European Regulation 2016/679 regarding treatment of personal data and the free circulation of said data.

Joint project of Vueling and Aena

This collaboration project between Vueling and Aena began several months ago with airline passengers on the Barcelona-Malaga route. This is the most complete pilot test being carried out at an Aena airport, as it includes biometric technology in 4 travel processes: check-in, baggage check-in, security filter and boarding.  

In order to access the plane “by the face”, the passenger must access the Aena app, enter the “facial recognition” section and complete the form. The registration can also be carried out physically at the Josep Tarradellas Barcelona-El Prat Airport in two kiosks located in front of gate B35 and in the Vueling self-check-in area. 

Thus, passengers will be able to exclusively access both the security control filters and the boarding gate on the Barcelona-Malaga route and enjoy more agile access. In addition, they will have the option of leaving their suitcase at the agentless self-check-in belt (self bag drop), simply with facial recognition. 

Passengers can take part in this pilot program on a voluntary basis and travel in a more agile, efficient and contactless way. 

The Director of Innovation, Sustainability and Customer Experience and CGO of Aena , Amparo Brea, has pointed out that “this project, framed in Aena’s Strategic Innovation Plan, is the last step in a set of actions led by the company since the beginning of 2019 and aimed at testing the use of biometric systems at different points of the airport. We are convinced that this technology will significantly improve the passenger experience at our airports and these projects allow us to advance in its deployment. We provide passengers with tools that allow them to carry out part of the documentation checks that are currently being carried out in airport procedures, so that their passage through the airport is safer, more fluid and more comfortable ”.

According to Calum Laming, Vueling Chief Customer Officer , “being able to offer such a complete biometric experience confirms our desire to improve the experience of our customers at the airport, and also favors a much more agile and modern flow of customers. This is a project with a high technological component, a key element in Vueling Transform and in our digitization strategy to improve service and so that customers can manage their travel experience with greater autonomy and flexibility ”. In this way, Vueling has become the first airline in Europe to offer a complete contactless travel experience thanks to the use of biometric technology.

On the other hand, the companies in charge of developing, supplying and installing the necessary equipment to carry out the test have used automated systems that include advanced biometric and document validation technologies, which optimize performance in passenger access time. 

Indra  has been commissioned in this pilot of the platform that allows integrating the equipment and different systems that make up the solution. Thanks to it, it is possible to guarantee the collection of identification and biometric data at the enrollment kiosk and CUSS, filter and boarding gates for their treatment and integration with Aena systems, ensuring the perfect functioning of the complete solution. 

The biometric system of self-check-in luggage (Self Bag Drop) of  Materna IPS  takes an image of the passenger and contrasts it in real time against the database of those enrolled in the biometric program. In this way, it is able to identify if that passenger is part of the program, allowing at that moment that it can proceed to check in its luggage by itself. Maternal IPS biometrics . 

Easier  has integrated biometric devices and their middleware for enrollment and verification at each control point by supplying dual equipment (common self-service kiosk and biometric registration in the same device), as well as electronic gates with detection of uniqueness of more accurate passengers from entering the security zone to boarding. 

For its part,  IDEMIA will  provide high-quality facial image capture at the registration kiosks, the electronic access gate to the air area and the electronic boarding gate. The identification of passengers will be carried out using IDEMIA’s biometric engine, recognized in the market as one of the best for its high precision.  

Mobbeel  provides the mobile application that allows travelers to enroll their biometrics and verify their identity through the scanning of a DNI or passport with NFC and a  selfie  with proof of life to verify that that person is who they say they are. Pioneers in mobile biometrics, the company has been offering digital identity verification solutions for more than 12 years.

SensoryCloud.ai Launches Cloud-Based Voice and Vision AI Services

SimplyPayMe integrates Smart Engines’ AI-based OC

The global payments company, SimplyPayMe, has integrated a software product through Smart Code Engine for credit card scanning in their mobile app. The integration enables SimplyPayMe merchants to receive frictionless, contact-free card payments through a software-based Point-Of-Sale (POS) system without having to manually type in numbers.

The SimplyPayMe platform has been specifically designed and engineered for SMEs, and enables seamless payments, invoicing and simple business management solutions, all through your smartphone as well as some of the lowest transaction fees and fastest settlement times in the market.

To perform payments, a customer simply needs to put the credit card in front of the device’s camera, the numbers will automatically scan, and all the necessary data will be entered in the payment form. Smart Engines OCR technology increases SimpyPayMe’s mobile app accessibility as the users are not obliged to look for a convenient angle or any special lighting conditions for better recognition. Smart Code Engine provides successful debit and credit card scanning even if cards are damaged or worn.

Smart Engines scientists develop Green AI-based OCR algorithms to capture data from credit cards issued according to the standards of VISA, MasterCard, Maestro, American Express, JCB, UnionPay, Diners Club, Discover, RuPay, Elo, Verve, VPay, Girocard, PagoBancomat, MyDebit, Troy, BC Card, Interac, Carte Bancaire, Dankort, MIR. GreenOCR® provides an automatic credit card scanning for cards of any type: embossed, indent, and flat printed, with horizontal or portrait layout, with digits printed on the front or backside.

Credit card scanning is also supported in the real-time video stream and on photos. The software performs all calculations on the user’s device, ensures the client’s data privacy, and does not distribute it to third-party services.

“We are excited to be working in partnership with Smart Engines. Their product allows us to enable and expand the services available to our SMEs and effectively offer a world-leading card scanning solution through our app. Our all-in-one business management solution with payments capabilities allows SMEs to save vital time and offers a quick and easy solution to combat existing challenges. We are proud to be using the fastest OCR solution in the market and look forward to seeing how this can help us to facilitate simplifying payments and business management for SMEs as we advance,” said SimplyPayMe CEO Kent Vorland.

“We are proud that our credit card scanning solution is becoming popular and helping more and more users to make payment transactions easily and securely. For us, cooperation with SimplyPayMe is an important confirmation that various financial organizations need high-quality and secure recognition technologies”, states Vladimir Arlazarov, CEO at Smart Engines, Ph.D.

IBMATA welcomes BioRugged

IBMATA welcomes BioRugged

The International Border Management and Technologies Association (IBMATA) today announced that BioRugged, the international specialist for mobile and rugged biometric devices, has joined the association as a corporate member.

“IBMATA provides an excellent forum to get direct input from experts and policy makers.”, says Arnd Langguth, CEO of BioRugged. “Gathering the exact needs and detailed procedures of usage is the first step in our product development process. Our products are sold by system integrators worldwide, therefor it is important to us to have the access to the end users through IBMATA on a non-commercial basis. Any product for the Border Control market will be first and foremost benchmarked by the ease-of-use for the officer under a wide range of usage scenarios.”

The not-for-profit organization IBMATA brings together experts, practitioners, academics, policy makers and technology providers. Its internationally recognized summits in Brussels and Singapore review and analyze the latest requirements and challenges in the border control market and how technologies can help to address those.

“We are delighted to welcome BioRugged to the IBMATA family” said Tony Smith CBE, chairman of IBMATA and former Director General of the UK Border Force. “Border Force Officers are constantly adapting to new risks and issues, and it is important that the private sector and the public sector work together at both national and international level to support them in their mission. Biorugged brings specific mobile and biometric capabilities to border control, which are increasingly relevant in the world of modern day border management strategies.”

Sumsub opens anti-fraud platform to SMBs

Sumsub opens anti-fraud platform to SMBs

An anti-fraud and identity verification platform is offering new plans for small business customers to provide identity verification and KYC/AML compliance and background checks.

London, December 13, 2021 — Sumsub, a startup that fights money laundering and online fraud, has launched the first Self-Start Service and offers new identity verification plans for small businesses. The initiative was launched in response to the 40 percent surge in fraud targeted at small and medium businesses that was registered during the pandemic.

With the new plans, Sumsub aims to expand its customer base and reach more than 100,000 small businesses around the world. Today, over 100 companies have already subscribed to a new plan.

Small businesses will have the opportunity to start remote identification and identity verification by conducting KYC/ AML compliance checks, without having to engage with a support service. Customers can choose from three plans, each with 50 free background checks, including a new Liveness solution — a refined liveness technology for ID verification and onboarding.

“Small and medium businesses are constantly exposed to fraud attempts. Identity verification is a service offered by many companies. However, choosing a reliable partner with flexible terms and conditions that can be tailored to the customer is not an easy task. We give our prospective clients the choice of trying our platform out and deciding how to invest their budget on fighting fraud,” — says Andrew Novoselsky, Chief Product Officer.

To subscribe to a new plan, customers need to create an account on Sumsub’s official website and choose one of three available packages. Its customizable user-friendly platform is globally applicable and offers a wide range of solutions for fully automated identity verification and agent-assisted verification. The no-code platform can be configured manually and doesn’t require software maintenance.

The global Identity Verification Market is set to surpass $17.63 billion by 2030. The topic of security and data privacy is a subject of frequent discussion, and technology that combats online fraud receives a lot of attention. Meanwhile, customers face difficulties in selecting and implementing identity verification and compliance software due to the requirement for additional investment in cybersecurity and IDV, as well as a reluctance to interrupt business operations while adopting KYC/AML solutions.

IDEMIA unveils LASINK Helios

IDEMIA unveils LASINK Helios

On November 25, IDEMIA, leader in Augmented Identity, unveiled its latest ID security feature, LASINK Helios. This high-tech innovation combines both laser color personalization and DOVID technologies on the secondary portrait.

LASINK Helios is based on two technologies, the holographic DOVID technology and LASINK. The latter is a color technology developed by IDEMIA which is based on a matrix of red, green and blue lines.

According to Olivier Charlanes, SVP Global Business Development, Marketing & Product Offer, Public Security & Identity, IDEMIA, “As a color portrait embedded into a DOVID, LASINK Helios meets the foundational requirement of all of IDEMIA’s ID security concepts: hard to reproduce but easy to inspect. The development of this new security feature is an illustration of how IDEMIA stays one step ahead of fraud.” The Group demonstrates its “experience in producing tamper-proof documents and continuous innovation”.

LASINK Helios displays striking optical effects. These effects vary depending on the angle of vision and are easily recognizable for both in-person or remote authentication, for instance using the device’s camera.

When the ID document is tilted upwards/downwards, the checkers (made of three colored dots) positioned on the edge of the portrait will change colors. The full-color image is revealed when the color checkers show a combination of red/green/blue.

Non-specialists – e.g. bank employees, hotel staff, retailers etc. – have little experience in document inspection but they are facing more and more scenarios in which it is required. They will be able to easily authenticate the genuineness of an identity document, without the need of specific equipment.
As there is a growing number of situations in which verification of an identity document is required, IDEMIA designed a solution that is hard to reproduce but easy to inspect. Non-specialists will benefit from this new security feature that allows them to easily authenticate an identity document.

Besides the main portrait, which is the most attacked feature of an ID document, the secondary portrait creates an additional level of security. It validates the main portrait, thus confirming the identity of the document holder. Interlinking both images makes forgery almost impossible, thereby deterring any fraud attempts.

LASINK Helios is based on a holographic matrix, incorporated into the core of the blank document before lamination. An exclusive software application is needed to produce LASINK Helios. Fraudsters cannot use equipment that is available to the public to personalize the picture with the required optical effects. For the same reason, it is impossible to create a full reproduction of the document (anti-counterfeit) or modify the portrait (anti-forgery and anti-morphing).
LASINK Helios is available in two versions. The secondary portrait is either displayed as a standalone image with a sleek design, or LASINK Helios has a partially transparent side that covers the portrait, offering an additional layer of security. In this second version, it also contains a DID that changes color when rotated at a 90° angle.

With LASINK Helios, IDEMIA extends its security concept to create ID documents that are hard to reproduce but easy to inspect.
With this technology, IDEMIA addresses the concerns of many countries with regard to strengthening the security of their identity documents. LASINK™ technology already secures the ID documents of several countries including Estonia, Latvia, Morocco, Colombia, Costa Rica, Burkina Faso and Andorra.

 

Totm Technologies invests US$3.75 million in CDI

Totm Technologies invests US$3.75 million in CDI

Totm Technologies has entered into a convertible loan agreement with PT. Cakrawala Data Integrasi (“CDI”) to provide fast and cost effective verification-as-a-service to the private sector in Indonesia.

Mr Pierre Prunier, CEO and Executive Director of Totm Technologies, said, “We are excited about Platform Bersama as this is a significant development for the

identity management industry in Indonesia as it will drive broader and faster adoption of identity management solutions by Indonesian enterprises and individuals alike. With the advent of digitalization and COVID-19 driving the need for identity verification, the Indonesian market has seen considerable interest in identity management solutions from both corporations and end users. More and more small and medium businesses are exploring the benefits of adopting identity management solutions into their client-facing processes and are looking for cost-effective, easy-to-implement solutions.”

 

 

VEON rolls out industry standard for digital ID validation

VEON rolls out industry standard for digital ID validation

VEON, a leading global provider of connectivity and internet
services, today announces the global launch of its MobileID initiative, an
authentication, credentials management and permission control system that will
safeguard consumers and protect retail companies.  VEON intends to roll out
MobileID to its 212 million customers across nine countries as well as
offering it as the standard for mobile operators worldwide to provide digital
identity validation that is fully compliant with local data privacy laws.

“Digital identity is one of the great challenges of our time,” states Kaan
Terzioglu, CEO of the VEON Group. “To date, the world has struggled with
the competing forces of wanting to make the consumer experience more seamless,
while decreasing the risk of online fraud.  MobileID will enable mobile
operators to be the trusted authority for both consumers and retailers with
the reassurance that the operator is based in their home country and
licensed by local data protection laws.”

Incorporating the GSMA’s Mobile Connect standard, MobileID enables safe and
secure determination of customer identity for both online and physical
locations. For consumers, the service delivers a streamlined customer
experience without the need to remember passwords, a universal login at
physical and online locations, and SIM-card based implementation that enables
MobileID to work on any device, including feature phones.

Consumers will also benefit from the autofill of information on online
channels and at physical locations, for items such as credit applications,
while the Permission Centre module will enable customers to manage and control
permissions previously granted to service providers.  For online retailers,
the sharing of customer attributes and knowledge of their physical location
reduces operational fraud and enables the inclusion of credit rating
information.  The MobileID service enabled conversion rates are up to two
times higher for retailers along with an 80% faster service registration
process, while delivering an easier and faster customer journey.

The roll out of MobileID follows extensive trials in Russia with VEON’s
Beeline mobile operator in partnership with other Russian mobile operators.
The nine-month trial deployment saw over 1.2 million monthly active users
subscribe to MobileID to authenticate their digital persona with 36 major
online service providers and merchants, including AliExpress, Alfa-Bank, Alfa
Insurance, Sheremetievo Airport, and Raiffeisen Bank.

Following the successful conclusion of other trials in Russia, MobileID will
be deployed across all VEON mobile operators with its roll-out beginning in
Uzbekistan and Kazakhstan.

“It is the right time for the mobile telecommunications industry to implement
a new industry standard for digital identity validation. For both consumers
and retailers, MobileID could replace the authentication services currently
offered by social networks that are often susceptible to fraud and lack the
checks on the true identity of the digital persona,” explains Kaan Terzioglu,
CEO of the VEON Group.  “Our newly introduced Permission Centre solution also
puts consumers in control of their personal data and enables them to manage
and control permissions that were previously granted to mobile service
providers.”

The operation of MobileID is securely managed with all customer data stored at
Class 3/Class 4 Data Centres that are operated by national telecommunications
operators in compliance with local data privacy laws.  The seamless
integration with customer SIM cards delivers an additional level of security
and customer protection and personal customer data is always encrypted
with the RSA Asymmetric algorithm. Additional levels of security, such as
PIN-based validation, is supported for highly sensitive transactions. In
accordance with local regulations, customer personal data will stay within a
country’s geographical borders.

For major retailers and financial institutions, a full portfolio of software
tools and APIs are available to customise MobileID and integrate it into
specific applications.  National and global interoperability is also assured
as MobileID incorporates the GSMA-endorsed Global Standard (Mobile Connect).
The service is fully end-to-end monitored through network operating
centres with service level agreements and disaster recovery policies in
place.

NordPass password manager introduces biometrics for macOS and Windows users

NordPass password manager introduces biometrics for macOS and Windows users

NordPass is introducing biometric authentication to Windows and macOS applications. This new feature, which previously was available on mobile devices only, will add flexibility and convenience to the login process. Instead of typing in their master password, users will be able to use their fingerprint or face ID to sign in.

This feature was demanded by many NordPass users. It’s not surprising why, as the 2021 Global Identity & Fraud Report reveals that 74% of users prefer biometrics as their primary security and authentication method.

Some cybersecurity experts see biometrics as a more secure authentication method than passwords. According to a report published by NordPass, the most common password is 123456. and relying more on biometrics would help eliminate such weak passwords. But many cybersecurity professionals note that biometric authentication on its own is not enough. The best way to ensure maximum security for your accounts is to use it along with multi-factor authentication (MFA).

Last month NordPass also introduced another long-awaited feature — Emergency Access. This feature allows authorized users to access another user’s password vault in case of an emergency.

Whether it’s family or friends, they can request access to a user’s NordPass vault without the master password, should an emergency arise. Passwords and notes are then received securely by the requester.

Using Emergency Access is a secure feature, as the sharing happens under the same principle that NordPass is built on. It’s called the zero-knowledge architecture and ensures that passwords can be viewed only by those intended.

Q&A: the impact of environmental conditions on biometric authentication.

Q&A: the impact of environmental conditions on biometric authentication.

Joël Di Manno, Authentication & Biometrics Laboratory Service Line Manager and Abdarahmane Wone, Biometrics & AI Researcher at Fime.

User adoption of biometric authentication has accelerated in recent years, yet some users are still cautious. Fime is exploring ways to innovate on biometric evaluation to help solution providers to launch reliable and high-performance products. In this interview, Stéphanie Pietri, Communications Director at Fime, speaks to Joël and Abdarahmane about their scientific paper to learn more on the impact of environmental conditions on fingerprint systems performance.

Stéphanie Pietri: What is biometric authentication?

Joël Di Manno: Biometric authentication solutions utilize a person’s physical or behavioural characteristics, such as their fingerprint, face, or keystroke dynamics to verify their identity. Using biometric characteristics to authenticate someone provides a high level of security because these traits are unique to that person. It also provides a good user experience, as there is no need to remember long passwords. This can provide consumers with easier routes to make a payment or access a service.

However, the adaptability of biometric solutions can present challenges, as different conditions have the potential to increase false acceptance or rejection rates. This means that there is the potential for security to be compromised if non-genuine users can be verified, or the user experience will be impacted if genuine users cannot.

SP: What type of environmental conditions can influence biometric authentication?

Abdarahmane Wone: One of the challenges of biometric solutions is that environmental conditions can alter their performance. For example, if someone is using a facial recognition solution, changes in lighting or the background can influence its performance. Similarly, fingerprint systems can be affected when environmental conditions like temperature and humidity change, because the texture of fingerprints alter accordingly. This change can mean that the fingerprint does not match the reference fingerprint that was recorded during enrolment and therefore is not verified.

These environmental changes impact the performance, security, user experience and the trust of biometric systems. It is also important to note that not all biometric systems are impacted in a similar way. However, while we know that there is an impact, very little research has been done to assess the performance of biometric systems in different climatic environments.

SP: What did Fime do?

AW: To find out more about these impacts, Fime undertook some research to understand how humidity and temperature changes affect the performance of fingerprint systems. We tested the performance of three different third-party fingerprint authentication matchers in different climatic conditions. The aim was to see how accurate the algorithms were at matching the fingerprint samples taken during enrolment. The performance of the biometric systems was evaluated in six different conditions made up of a combination of two different temperatures and three different humidity environments. The different humidity and temperature environments were created using climatic chambers. After signing consent forms regarding European GDPR regulation, more than one thousand fingerprint images were collected from 17 volunteers.

SP: And what was the impact of these environmental factors on biometric authentication?

AW: We observed that all of the algorithms performed better when the environment was less humid. Importantly, we saw that the three algorithms were all impacted differently by temperature and humidity changes, demonstrating that the impact of environmental factors is not consistent across biometric solutions.

Also, the environmental conditions of the enrolment of the fingerprint samples made a difference. The algorithms all performed better when the environmental conditions were the same as those during enrolment of the fingerprint samples. Again, we saw that the three products were all impacted differently when the verification was done in an environment different to the enrolment environment. While two of the products differed less than 1%, the third product differed by 24%. This shows that the product could present high security risks and/or a bad user experience for consumers. This study highlights the importance of a comprehensive enrolment guide for vendors and users, to decrease the impact of environmental conditions as much as possible.

SP: What can be done to mitigate the impact of these conditions on biometric authentication systems?

JDM: Fime has now developed a process and identified parameters to evaluate environmental impact, thanks to the research project. The results of this research demonstrate that environmental conditions can have differing degrees of impact on biometric authentication systems. Therefore, testing the performance of biometric solutions in different environments, including different conditions between enrolment and verification, could prevent real-life issues. Certification schemes could introduce this aspect into their evaluation programs to ensure security in various conditions and decrease variance between different biometric solutions.

Biometric solution vendors can use this evaluation during their own quality assurance processes. By performing testing in this area, they can fine-tune solutions to mitigate the impact of environmental conditions. This will verify that their products can be deployed globally and will perform well in different climates. By taking these factors into consideration, they can enhance the trust, security, performance and user experience of their solutions. This may give them the ability to outperform competitors who are not considering the impact of environmental factors when developing their solutions.

Fime is also assessing the impact of behavioural factors on biometric solutions – stay tuned for our blog next year which will explore this. To learn more about the impact of environmental factors on fingerprint authentication solutions, read Fime’s research paper.