ForgeRock announces IPO pricing

ForgeRock announces IPO pricing

ForgeRock a global identity leader, today announced the pricing of its initial public offering of 11,000,000 shares of its Class A common stock at a price to the public of $25.00 per share. In addition, ForgeRock has granted the underwriters a 30-day option to purchase up to an additional 1,650,000 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions.

The shares are expected to begin trading on the New York Stock Exchange on September 16, 2021 under the ticker symbol “FORG”. The offering is expected to close on September 20, 2021, subject to customary closing conditions.

Morgan Stanley and J.P. Morgan are acting as lead book-running managers for the offering. Deutsche Bank Securities, Mizuho Securities, and HSBC are acting as joint book-running managers for the offering. BTIG, Cowen, Piper Sandler, Truist Securities, and William Blair are acting as co-managers for the offering.

TECH5 and Imageware announce partnership

TECH5 and Imageware announce partnership

Imageware, a leader in biometric identification and authentication, today announced a global partnership with TECH5, an innovator in the field of identity management solutions, to become a value-added reseller (“VAR”) for its solutions. Through this agreement, all TECH5 offerings will be available through integration with the existing Imageware product portfolio. In connection with this partnership, Imageware also announced today that it will be providing Security Identification Systems Corporation (“SISCO”), a leader in visitor management systems, with the Imageware Identity Platform, powered by TECH5 technologies, to enhance its product portfolio for the marine and visitor management industries.

TECH5 provides biometric algorithms and matching platforms for face, iris, and fingerprint recognition for use in both government and commercial enterprise solutions. TECH5 also provides innovative technology such as  contactless  fingerprint capture and Digital ID solutions protected by biometrics. As a VAR, Imageware will be integrating TECH5’s biometric technology across its products, which includes Imageware Proof, Imageware Authenticate, Imageware Identify, and the Imageware Biometric Engine and others.

Imageware has partnered with SISCO to add biometric identity management capabilities to the latter’s portfolio of visitor management and ship management solutions for the maritime and security industries. More specifically, Imageware will be adding facial recognition to SISCO’s mobile solutions for the cruise line industry through the Identity Platform powered by TECH5’s facial recognition biometric algorithm. As the provider of hardware and software solutions for roughly 40% of the cruise line industry, SISCO will be offering this product as an upgrade to existing customers as well as a differentiator for attracting new ones. Cruise lines using this solution can now leverage facial recognition technology for onboarding passengers and for emergency situations at muster stations, which greatly increases the convenience, security, and speed of both processes.

Imageware and SISCO will be jointly demonstrating this new solution on handheld mobile Android devices at the Annual SeaTrade Cruise Global Conference in the Miami Beach Convention Center on September 27-30  in SISCO’s booth #1910 in the Exhibit Hall.      https://www.seatradecruiseglobal.com/en/home.html

“This strategic partnership with TECH5 enables Imageware to include accurate and fast biometric algorithms and technology into our products and augments our offerings for both the private and public sectors,” said AJ Naddell, SVP of Product Management & Sales. “TECH5’s suite of algorithms is highly-rated by NIST in several categories, and we appreciate the opportunity to work with their innovative team. Our strategic partnership with SISCO will serve as a strong calling card to highlight our joint capabilities with TECH5, and it enables us to provide leading biometric identity management solutions to new industries and use cases, including the marine safety and security industries and corporate visitor management solutions. We look forward to increasing our addressable market in the cruise line and marine industry and to further expanding our footprint across different verticals.”

Rahul Parthe, Co-founder, Chairman, and CTO of TECH5 added: “TECH5 focuses on providing leading and innovative biometric technologies, thereby enabling our key strategic partners like Imageware to provide industry specific solutions. We are very excited to work with Imageware as they can apply our technologies to many use cases in federal, state and local governments, as well as a multitude of private sector verticals. Using TECH5’s facial recognition technology as part of the Imageware Identity Platform to provide solutions for the cruise line industry and for enterprise visitor management systems demonstrates how Imageware can extend our solutions to even more markets.”

Anthony Zagami, CEO of SISCO added: “Increasing the speed and efficiency of ship-boarding processes and mandatory safety mustering exercises at the start of cruises is very important for customer satisfaction. These processes require considerable cruise ship staff resources and often delay the customers’ enjoyment of their vacations. This new biometric identification solution will save time and provide customers with more safe, satisfying, and secure onboarding and mustering processes.”

BIO-key partners with Intelisys

BIO-key partners with Intelisys

BIO-key International, a provider of identity and access management (IAM) solutions featuring Identity-Bound Biometrics, today announced the start of a Master Agent Referral Partner Program with Intelisys, a ScanSource company, and the nation’s leading provider of technology services and solutions. BIO-key will now be able to offer the first Identity and Access Management (IAM) platform as part of the solutions Intelisys provides to their network of partners. The relationship will help enhance BIO-key’s security practice and expand the company’s Channel Alliance Partner (CAP) program.

Earlier this year BIO-key announced an expanded Channel Alliance Partner (CAP) program designed to significantly broaden its global partner ecosystem and provide substantial new revenue opportunities for BIO-key and their partners. The continued momentum to BIO-key’s channel program with the announcement of the Intelisys partnership is a transformational move. Engaging in this Master Agent Referral Partner Program allows BIO-key to leverage their unique strengths to increase the opportunities with a variety of end customers.

The partnership with Intelisys includes the offering of the BIO-key PortalGuard® Identity-as-a-Service (IDaaS) platform, providing a hosted unified Identity and Access Management (IAM) platform. The platform offers an unmatched variety of choices to support an enterprise’s present and future IAM strategies, while delivering a superior user experience. These include workforce and customer multi-factor authentication (MFA), exclusive Identity-Bound Biometrics options, single sign-on (SSO), and self-service password reset.

“This is a great milestone for BIO-key as we continue to grow our channel program and ensure that we have geographic coverage in the top markets,” states Fred Corsentino, Chief Revenue Officer, BIO-key. “We look forward to working together with Intelisys to help solve security and identity and access management challenges for the enterprise as we look to a safer future.”

AnyVision comments on UK biometrics

AnyVision comments on UK biometrics

The British government has approached the public to consult on revisions to the Surveillance Camera Code of Practice. The code is part of the Protection of Freedoms Act which provides guidance on the appropriate use of CCTV by local authorities and the police. This is the first revision to the code since its introduction in June 2013.

AnyVision has responded to the Biometrics and Surveillance Camera Commissioner, Professor Fraser Sampson in an open letter entitled: “Facial Recognition Apps Should Be Provided to the Police with an Empty Database.”

Given AnyVision’s expertise in ethical facial recognition and commercial experience identifying persons of interest, including shoplifters, felons, and security threats, the company wanted to lend its perspective to the discussion and share several best practices on the application of ethical facial recognition to law enforcement settings.

AnyVision’s CEO Avi Golan wrote: “The ethical use of facial recognition is a thorny one and requires a nuanced discussion. Part of that discussion must explain how the underlying facial recognition system works, but, just as important, the discussion must also involve how the technology is being used by police departments and what checks and balances are built into their processes. We welcome an honest and objective dialogue involving all stakeholders to draft fair and balanced regulation.”

In recent years, face-based and object recognition systems have been adopted broadly before methods of due diligence have been fully thought through. The company agrees that the use of facial recognition or other biometric-based recognition systems need to be clearly justified and proportionate in meeting the intended purpose and should be appropriately validated.

First, it is important to highlight the unique characteristics and risk factors specific to police use of facial recognition technology. The most common use case for video surveillance is when police and other law enforcement agencies get a picture of a suspect from a crime scene and want to find out: “Who is the person in the picture?” That often requires an extensive database — one that could potentially include every human on planet earth.

This is very different from commercial use cases of facial recognition (e.g., within supermarkets, casinos, or stadiums) which are fundamentally asking a different question: “Is the person in the video a known security threat?” To answer this question doesn’t require a comprehensive database of all people, but rather a defined list of specific people who represent security threats.

In the company’s view, the path to fair and ethical use of facial recognition by police agencies is through adherence to three principles:

  1. Empty Database: We recommend building their watchlists from the ground up based on known felons, persons of interest, and missing persons. Some facial recognition solution providers have scraped billions of photos and identities of people from social networks, usually without their consent. Unfortunately, this method of facial recognition has justifiably angered privacy groups and data protection agencies around the globe and damaged public trust in the accuracy and reliability of facial recognition systems. We believe that lists of suspects should be limited and justified. In this way, unjustified invasion of citizens’ privacy can be prevented, false arrests can be reduced and public confidence in the technology can be increased.
  2. Safeguarding Data & Privacy: Many privacy advocates are justifiably concerned about how video surveillance systems capture and store data of innocent bystanders. At AnyVision, we don’t capture photographic images of people. The watchlists that comprise the reference data for our facial recognition algorithms are created and uploaded by our commercial customers – that is, they are created from scratch and specific to the security needs of that organization. The data that we capture is rendered using mathematical vectors that act as secure cryptography, preventing identity hacking even if data is stolen.

    AnyVision goes a step further in safeguarding the privacy of non-watchlist individuals. We offer our customers the ability to activate “GDPR-mode” which effectively blurs all faces of people not explicitly listed on an organization’s watchlist. When this feature is activated, only individuals identified on the watchlist are visible — all other people in the camera’s field of view are blurred. Privacy Mode goes even further as it discards all detections of non-enrolled individuals. This means that police agencies cannot capture any metadata from non-watchlist detections which further protects the identities of bystanders. These advanced privacy features are designed to help organizations capture and collect data on individuals that is strictly necessary for the purposes of video surveillance (i.e., data minimization).

  3. Lack of Operational Due Diligence: Police admit that facial recognition technology has been instrumental in helping crack some tough cases, but in the last year, there have also been claims of wrongful arrests. In many of these cases, the wrongful arrests were the result of a poor investigative process vs. shortcomings of the facial recognition software. Facial recognition is more than just the technology — it’s about having specific rules that helps the software understand how to process potential face-based matches. These rules must operate within established boundaries that protect an individual’s privacy and conform to compliance law.

    Facial recognition software is designed to identify a handful of likely suspects based on potential matches to a reference database. However, a potential match does not mean that the police department is absolved from performing a proper investigation. It’s critical that the police use the technology responsibly and determine whether any of the potential matches should be investigated further based on appropriate due diligence procedures and following established protocols. When police take shortcuts and wrongfully arrest innocent people based on a supposed match without the necessary due diligence, it reflects poorly on the underlying facial recognition technology. It’s imperative to highlight the importance of human review and investigation when applying this powerful technology.

“AnyVision is willing to share its industry insights and best practices from our vast research experience with leading global players, including name-brand retailers, global hospitality, financial services and law enforcement agencies,” said AnyVision’s CEO, Avi Golan. “If the regulations set forth by the Surveillance Camera Code of Practice are committed to the principles outlined above, then law enforcement agencies can strike the right balance between solving crime and protecting the privacy of innocent citizens.”

BIO-key partners with Intelisys

Identity Week 2021 to focus on ID verticals

Prominent governmental speakers and senior industry identity experts are set to give attendees at the upcoming Identity Week 2021 an unprecedented level of insight into the post-COVID digital identity landscape.

The industry-leading event’s return to an in-person conference at the ExCeL Centre on 22-23 September will feature some of the greatest minds in the identity space live, and they’ll be sharing their vision for the future of identification, verification and authentication.

“Identity Week 2021 is just around the corner, and we are going to be back with a bang,” lead conference organiser, M Hassan, told IdentityWeek.net. “We are exploring the trends in document fraud, the developments in Mobile ID as well as assessing and reflecting on document security innovations”.

Identity in the verticals

For the first time, the event will look at the ID space from the perspective of verticals such as Health, Retail and Travel, added M Hassan.

“ID in Health will look at verifiable health credentials, ID in Retail will explore the use of digital identity in ecommerce to prevent fraud, and ID in Travel will delve into the role of biometrics and contactless technologies in opening up travel while efficiently inhibiting international criminal activity.”

Enterprise identity

Identity and Access Management will also be a key theme, with a focus on the value of Zero Trust Frameworks as well as artificial intelligence. Digital onboarding will be explored from the perspective of both customers and citizens. We’ll also look into the future potential for decentralised identity in enabling a safer way to managing use of personal digital identities.

Keynotes include Nick Godfrey, Head of CISO Office, Google Cloud, and Rod Boothby, Global Head of Identity, Santander.

Sessions such as “Inclusion in the ID Ecosystem: Who needs help and how?”, will feature Jim Purves, Head of Identity Solutions, Post Office and Nick Mothershaw, CEO, Open Identity Exchange.

Meanwhile, a panel on “Leveraging Digital identity as the key to digital transformation within financial services,” will feature Shiv Aggarwal, European Lead, Global Blockchain Association”.

For more information on attending, see here.

Veridium works with NIST on contactless tech

Veridium works with NIST on contactless tech

In March 2021, the U.S. National Institute of Standards and Technology (NIST) released Special Publication 500-334, which provides guidance on implementing the technology that allows the use of contactless fingerprints acquired via the camera in mobile devices (e.g., an Android or iOS mobile phone) to be stored, transmitted, and matched against legacy fingerprint databases operated by law enforcement and border protection services. Together with NIST and other industry partners, Veridium, a leader in the development of user-centric authentication solutions, is proud to have played an important role in supporting this guidance by helping NIST develop, measure, and test contactless fingerprint technologies, enabling wide deployment and interoperation with existing backend services.

Charles Kolodgy, Principal at Security Mindsets, said, “NIST’s best practice recommendation advances the use of contactless captured friction ridge imagery for quick and verifiable identification. At the same time stakeholders have a choice to incorporate this new model of contactless capture while preserving the integrity and separation of the legacy friction ridge infrastructure.”

In many instances, fingerprints are required to verify your identity to access critical services, enter secure areas like airport terminals, or assume a trusted job like airline pilot or healthcare provider in a hospital. Fingerprints play a critical role because they are highly unique (even amongst twins). Until recently, however, only specialized equipment could be used to acquire fingerprints. Standards developed in the 1980s are still being used to certify devices around the world including single finger readers, glass-plate “slap” readers and conductive metal surface readers – all of which require physical contact of your finger and hands to touch, press and acquire fingerprint information.

Contactless mobile fingerprint capture eliminates specialized hardware because much of the process can be performed on your own device. It also enhances privacy as there is no need for collection and storage by a chain of intermediary service providers. Your device can communicate directly with the trusted identity service that purges the data after verification.

Veridium CTO, Dr. John Callahan, said, “We are proud to participate in the NIST Contactless Fingerprint CRADA since 2015. The new standards open many new doors as many countries around the globe require fingerprints for access to social services from remote and underserved areas. Contactless acquisition makes this possible with the use of existing mobile services, without requiring specialized hardware.”

Veridium’s 4 Fingers technology is leading the way in the acquisition of high-quality contactless fingerprint capture and matching. The new standard from NIST opens up new applications for the use of high-quality contactless fingerprints (e.g. remote identity verification, remote employee and contractor onboarding, account recovery, know your customer (KYC), know your applicant, etc.), especially important in an era of digital first and self-service centric interactions. Before today, individuals had to physically report to a fingerprinting facility operated by a vendor or local police department. With Veridium 4 Fingers, you can use your mobile phone to satisfy this requirement remotely, any time, anywhere.

Veridium CEO, Ismet Geri, said, “We are proud to help advance the state of contactless biometric acquisition and matching. Veridium 4 Fingers, along with vFace, Veridium’s facial recognition platform, provides a device agnostic mechanism to use biometrics for strong passwordless authentication in addition to identity verification.” Geri further stated, “Looking forward, Veridium and its partners are working on creating more applications of our technology for fast matching between a live capture and NFC-enabled passport, crypto-biometric key management for cryptocurrency wallets, anti human-trafficking control using infield biometric validation, and wilderness border crossing and checkpoint validation against known watchlists.”

 

Alcatraz AI announces partnership with Switched On Space

Alcatraz AI announces partnership with Switched On Space

Alcatraz AI, the leader in physical security technologies, has announced today that they are partnering with Switched On Space, an information technology and services company, to bring autonomous access control to international markets. This new strategic partnership with Switched On Space will provide greater exposure and expand Alcatraz AI’s facial authentication solutions to create safe spaces in buildings to the growing UK and Europe markets.

Alcatraz AI’s facial authentication solution combines advanced AI and 3D sensing technologies that provide facilities with enterprise-grade identity authentication needed to secure who can access a space. Its state-of-the-art security features include touchless and multi-factor authentication, video at the door, and intelligent tailgating detection. Its access control solution, The Rock, effectively detects tailgating and sends “real-time alerts” if an unauthorized person enters, and it sends real-time notifications to ACS/VMS, making spaces safe and secure.

“Switched on Space provides the best-in-class technology and top-class security solutions to their clients in the UK  and Europe. Alcatraz AI will now achieve a broader customer base in the UK and European market,” said Tina D’Agostin, CEO of Alcatraz AI. “We are thrilled to work with Switched On Space, as they are as passionate as we are about utilizing new technologies to create smart buildings.”

“We are excited to announce our partnership with Alcatraz AI as this will vastly improve our overall security systems here in the UK as well as throughout Europe,” said Gaby Fraser, Project Manager of Switched On Space. “We believe that this technology will improve our world, environment, and our lives. Given the recent events of the past year, it is now more important than ever to navigate spaces safely. Alcatraz AI achieves the perfect fit for us and what we are trying to achieve with our technology.”

Imprivata and Microsoft to unveil digital ID solutions

Imprivata and Microsoft to unveil digital ID solutions

Imprivata, a digital identity company for healthcare, today announced the availability of two of its flagship digital identity solutions on Microsoft Azure. The expansion of Imprivata OneSign and Imprivata Confirm ID to the cloud fortifies the company’s focus on advancing digital transformation efforts for healthcare organizations looking to enhance security and clinical efficiency with cloud scalability. Additionally, it builds on Imprivata’s existing collaboration with Microsoft, which include its identity governance solution for Microsoft Azure and Healthcare Seamless SSO, among others.

“We’re pleased to extend our digital identity capabilities to the cloud while deepening our partnership with Microsoft,” said Gus Malezis, CEO at Imprivata. “Through Imprivata OneSign and Confirm ID, healthcare organizations can securely and conveniently access clinical applications and patient information both inside and outside of the hospital, and from any device, so they can focus on what matters most: delivering high quality patient care.”

With a simple badge-tap or fingerprint scan, Imprivata OneSign for Microsoft Azure enables healthcare organizations to deliver SSO from any device and any location for every end-user, with fast and secure access to on-premises, legacy, and SAML 2.0 cloud apps from private or shared workstations, virtual desktops, and mobile devices.

Imprivata Confirm ID provides comprehensive identity proofing, credential enrollment, and recordkeeping to meet DEA requirements for EPCS while delivering fast, secure, and seamless multifactor authentication for all workflows via flexible options such as Hands-Free Authentication, push token notifications, and biometrics.

“This latest collaboration with Imprivata takes us one step further in our continued push to help healthcare advance its digital transformation journey through tight integrations that fit the unique needs of our hybrid healthcare customers,” said Randy Nale, Director, US Healthcare Industry Solutions at Microsoft. “We look forward to working with Imprivata as we continue to innovate to provide joint digital identity solutions that are purpose-built for hybrid healthcare.”

The solutions are available now via Imprivata or, as a managed-service offering, from its partner, Coretek Services, a systems integration, IT consulting, and managed services firm. Coretek CTO Brian Barnes said, “Coretek’s strategic partnership with Imprivata and ‘born in the cloud’ service offerings combine the power of Microsoft Azure for agility, security, and scale.”

FPC seals biometric payment card partnership in India

FPC seals biometric payment card partnership in India

Swedish biometrics company, Fingerprint Cards  and Seshaasai, a smart card manufacturer in India with a commanding APAC presence, have entered into an agreement to develop, launch, market, and sell contactless biometric payment cards in India and APAC. The card will feature Fingerprints’ T-Shape® module and software platform, which has ultra-low power consumption and is tailored to be integrated in payment cards using standard automated manufacturing processes.

“We are pleased to collaborate with Seshaasai, being a leading and award-winning card manufacturer, and one of the best tech brands in the BFSI space in India. This collaboration will bring consumers in India a more secure, safe and easy payment experience”, says Michel Roig, SVP Business Line Payments & Access at Fingerprints.

India had 25.5 billion real time payment transactions in 2020, more than any other country in the world, and digital payment is estimated to account for 71 percent of overall payment volumes by 2025. According to the Reserve Bank of India there were 906 million debit cards and 62 million credit cards in circulation in June 2021. Contactless and digital payments are growing fast in India, as consumers are choosing touch-free, safe and seamless ways to pay. Adding biometrics to the contactless payment card will increase the security needed to remove the cap, currently at Rs 5,000 (approx. €57), completely and allow for hygienic and worriless contactless payments for all transactions.

“We selected Fingerprints’ biometric solution as they have the leading technology in the market. It offers proven biometric performance and the lowest power consumption, features which are of the highest importance for contactless biometric cards. Introducing biometric payment cards offers great benefits for banks, merchants and consumers alike, as contactless payments in India and APAC continue to grow quickly, especially in the post-covid world“, says Pragnyat Lalwani, Founder Director, Seshaasai.

Keyless achieves both FIDO Biometrics and FIDO2 Certification

Keyless achieves both FIDO Biometrics and FIDO2 Certification

Keyless Technologies, the privacy-preserving, identity company, today announced FIDO2 Certification for its proprietary biometrics technology. This comes just months after Keyless became one of only seven providers globally to receive FIDO Biometrics Certification, validating that Keyless’ facial recognition technology meets industry standards for user verification and spoofing detection accuracy. Achieving certification in both Biometrics and FIDO2, confirms that Keyless’ biometric authentication software meets the highest global standards for authentication and makes Keyless unique in a market which is demanding ever more security, privacy and crucially interoperability, all whilst simplifying and enhancing user experience.

The Keyless biometrics platform enables organizations to deploy passwordless and multi-factor authentication solutions. The platform eliminates the need to store and manage sensitive information, enabling organizations to protect their users with one, simple action, via a quick, intuitive user experience. The technology combines multi-modal biometrics with advanced cryptography, leveraging a distributed cloud architecture. Due to the way Keyless leverages these technologies, privacy is preserved for the user and regulatory requirements, such as GDPR and PSD2 are not just met, but exceeded. This has a meaningful impact not just for employees, but for organizations relying on strong customer authentication in areas such as mobile banking and payments.

Also, there is no need to rely on the device hardware or operating system, which means organizations can innovate and deploy their applications and services faster, regardless of which devices their employees use – for example replacing hardware tokens and instead using mobile phones as security keys.

“In today’s digital world, the average person needs to remember more than 100 passwords so it’s no wonder that Verizon attributes 84% of security breaches to compromised passwords. Organizations are now working to adopt zero-trust, identity-first security to protect their users and our mission at Keyless is to make accessing digital services seamless, safe and private from any device. Achieving these two certifications from The FIDO Alliance is a crucial step on that journey and we’re proud to be the first to bring the next generation of biometric authentication to the market,” said Andrea Carmignani, CEO and Co-Founder at Keyless.

Keyless is integrating the FIDO2 certified technology into both its workforce and consumer offerings, enabling organizations to choose whether to use FIDO2 when implementing Keyless for employees or consumers.

Op-ed: Why Latin America chose biometric authentication for payment cards

Op-ed: Why Latin America chose biometric authentication for payment cards

By Gilles P. Roux, Head of Payments Business Americas at Fingerprints 

In June 2021, BBVA Mexico became the first bank in Latin America to announce the rollout of biometric payment cards. Following launches in card-loving France and Switzerland, the world has been favorably surprised to see Mexico as next to launch.

But think again. Latin America has made itself known in the fintech world. In recent years, it became one of the world’s most active regions for the industry, with over half a billion US dollars raised for fintech start-ups in the first half of 2020.

Now, the whole region has strong ambitions to continue this momentum in payments and fintech innovation, moving from a cash-first ecosystem towards a new chapter for banking and payments.

Evolving a legacy

Latin America has historically seen relatively high unbanked or underbanked populations. For example, the estimated unbanked individuals in Mexico and Brazil are 42 and 34 million respectively, that is a staggering 32% and 16% of the overall population.

However, the past few years have seen significant and rapid change. The proportion of unbanked citizens in Costa Rica dropped eight percent between 2019 and 2020. Argentina’s fell by eight percent, Colombia 18% and Brazil an astonishing 73%.    

Many put this down to the fintech revolution. It is establishing a smarter payment ecosystem and the region’s banking sector is offering the latest innovations and experiences to customers to establish new levels of trust.  

Take Mexico, where openings of digital wallets and patronage of neo banks have grown by 30%, while electronic transactions such as bill payments and money transfers have soared by 80%. In July 2021, the number of digital bank accounts in Brazil topped 200 million, and according to the Bank of America, May saw 21 million Brazilian banking apps and digital wallets downloaded. In Colombia, according to BBVA Research, the number of mobile banking users is expected to increase by 721%, to 15.6m, in the decade to 2025, up from 1.9m in 2015.

And Latin America shows no sign of slowing down.  

Catching up with contactless

As the region’s banking sector serves previously unbanked citizens and payments technologies proliferate, the cash-first economy is eroding. In Brazil, the use of payment cards grew 8.2% in 2020, topping two trillion transactions.

Much like the rest of the world, Latin America consumers are migrating away from cash and PIN pads towards contactless, attracted by the frictionless and hygienic payment experience. Brazil saw a remarkable 469.6% growth in contactless payment value between 2019-20 as a consequence.

According to Mastercard, 80% of card issuers across Latin America now offer contactless cards, and 84% of the region’s consumers believe they are a cleaner way to pay. Also, 79% of consumers felt contactless payment cards were more secure than cash, and similar numbers plan to keep using them for the foreseeable future.

Despite the strong growth in contactless, consumers are concerned about the risk of fraud if their cards are lost or stolen, and many are still confused about varying payment limits at the POS. 

Touch, tap, trust – building confidence with biometrics 

Over the past few years, Latin America’s central banks have developed policies to support increased financial inclusion. One priority: ensuring consumers experience the benefits of payment innovation. 

Given the high proportion of previously unbanked consumers, establishing trust and confidence will be key factors in maintaining momentum behind the evolving fintech and payment sector in the region. Biometrics has a role to play. In many countries of Latin America, consumers have already been using biometrics for decades to authenticate themselves; for social security, ID, driving license, accessing workspace and registering work time. Educating consumers on the role biometrics has to play for secure and convenient payments experience, highlighting that their data stays in their control, will bring reassurance and confidence. And when more consumers experience the same convenience of contactless paired with advanced security level, demand and adoption will follow.

Supporting new era in banking and payments

The launch of biometric payment cards in Mexico with BBVA reflects the region’s ambitions to continue its progress towards smarter payments and embrace cashless opportunities.

Biometric cards present significant opportunities for consumers, banks and merchants, enabling the next generation of convenient, secure and hygienic in-store purchases. As the region aspires to maintain momentum, biometric payment cards can be a powerful asset in the decision maker’s toolbox, and it would be no surprise that BBVA Mexico is the first in a long list of Latin American banks offering this stunning innovation to their customers.

To learn more about the global potential for biometric payment cards, visit our web page or check out our regional infographics.

 

Cognitec wins Germany EES contract

Cognitec wins Germany EES contract

Cognitec Systems will capture biometric facial images of all relevant travellers from third countries as part of the European Entry/Exit System (EES). Cognitec was awarded the contract for the delivery of the capturing devices in Germany.

Cognitec’s technology will be installed at border check points in all international airports and seaports in Germany. The contract initially spans four years and includes the delivery of more than 1700 FaceVACS-Entry CS devices, followed by installation and maintenance.

“We feel proud and excited to be working with the German authorities on this major project,” says Managing Director Alfredo Herrera: “In the past 20 years, Cognitec has contributed many pioneering products to automate airport and border control processes. This profound technical expertise, combined with our experience in working on government projects, will serve well to ready Germany’s borders for the EU entry/exit system.”

FaceVACS-Entry CS offers highly innovative features to quickly capture standards-compliant portrait images: instant camera positioning according to body height, active lighting, and interactive user guidance. In addition, its light-weight, slim design and flexible mounting methods enable installations on Germany’s varied border check booths.

The solution extends the presence of Cognitec solutions at border check points in German airports. Millions of travelers have used the company’s technology to verify their identity during self-service border control procedures in eGates.

IDEX Biometrics wins order for TrustedBio

IDEX Biometrics wins order for TrustedBio

IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, has received an additional purchase order for its TrustedBio biometric fingerprint sensors from an existing customer increasing production backlog for TrustedBio. Delivery is planned for the 4th quarter of 2021.

IDEX continues to see increasing demand for its TrustedBio sensors for use in biometric payment cards. As demand continues to increase, IDEX Biometrics is expecting additional production orders throughout second half of 2021 from both existing customers, and new customers who have not yet been announced.

ForgeRock announces IPO pricing

Welcome to Identityweek.net

Identityweek.net launched this week as the new home of everything related to identity technologies, concepts and standards. The timing is apt – getting the digitalisation of identity right is rising as one of our planet’s biggest challenges.

Our news portal welcomes past readers of Security Document World and Planet Biometrics to a newer, better, bolder and more incisive platform that consolidates all the must-read news in our sector. A Digital Identity channel has also been added that covers all the critical issues in that emerging sector.

Each section has a wealth of daily news, features and industry interviews, and companies that wish to publicise their news can submit press releases for consideration by our editorial team. There are archives of all the past content from Security Document World and Planet Biometrics.

identityweek.net’s news coverage is closely tied in with our event offerings. Here, you will find the more comprehensive and up to date details on dates, speakers and locations for our unmatched series of identity-focused events.

We aim to provide news and coverage that enlightens the identity industry, and link communities and stakeholders in our sector. Identity is a part of every online transaction, and there are trillions of these each day – it is vital we work together to keep our industry’s image positive in the eyes of governments, the public and the wider economy.

If you have any product launches, achievements, project details, patent developments, or anything that you wish to share with the secure document, biometric or digital identity communities, please do not hesitate to get in touch.

 

 

 

NtechLab launches FindFace Multi

NtechLab launches FindFace Multi

NtechLab has released FindFace Multi, a detection technology that uses an advanced algorithm to recognize not only faces, but also bodies of people and cars. This update to its flagship product is a step change for security experts in their fight against crime and also an invaluable tool for commercial planners. Another distinctive feature is its ability to support many video streams and facial database entries, ensuring the system offers unrivalled scalability.

Body recognition allows FindFace Multi users to count and search, as well as track movements, with high accuracy the numbers of people moving through an environment as well as identifying individuals. The algorithm also takes into account markers such as height, color of clothes and accessories. The ability to accurately identify numbers is also an important feature for urban planning, shopping center developers and managers and other commercial areas.

The vehicle recognition function determines the body type, color, manufacturer, and model of a car, as well as searching by license plate. Even if license plates, or parts of the vehicle are not visible or obscured, the system can still identify a car.

Using an intelligent criteria-based facial search, a user can detect and track ‘persons of interest’ in a split second. It also has high levels of accuracy in detecting faces even when they are partially covered with medical mask or clothes.

The algorithm took first place in the global competition because it increased, by a factor of ten, the ability to accurately identify faces that are masked, as well as doubling benchmark accuracy rates of individuals who weren’t wearing masks. It can, for instance, accurately identify someone whether they have a beard or are wearing glasses or a mask.

I-3 secures IBIS patent

I-3 secures IBIS patent

The US Patent and Trademark Office (USPTO) issued a patent on Tuesday, July 20 (patent #11,068,732) to the CEO of Ideal Innovations, Inc. (I-3), called International Biometric Identification System (IBIS). This patent may have a significant impact on the way in which international entities biometrically verify individuals from foreign countries without violating privacy in the process.

“IBIS is a significant step forward with regard to the use of biometrics internationally, in that it provides for identification verification of subjects from different countries without sharing of biometric information between those countries,” noted Bob Kocher, CEO of I-3. “Privacy and Personally Identifiable Information (PII) disclosure are top-of-mind issues these days with respect to biometric use, and we specifically wanted to find a way to address that concern with IBIS.”

IBIS encompasses a system and method for international biometric identity verification between two countries, without transferring biometric information between the two countries. It will replace the traditional approach of identification via uniforms and identification cards, which are easily compromised, into a secure approach of leveraging biometric information through a person’s identity. This approach is consistent with the policy of not sharing any biometric information relating to verification of identification of individuals with other countries.

“We imagine applications where partner nations, working in international assistance, humanitarian, and even military operations domains, can rapidly and securely vet individuals from other countries biometrically, without compromising that individual’s personal information,” stated Kocher.

Ideal Innovations is an inventions company that develops innovative ways to solve difficult problems. It has additional experimental efforts underway, including developing methods for identifying potential elite future performers, rapid secure access systems, and early detection of viruses.

Senators demand detail on Amazon’s biometric data collection

Senators demand detail on Amazon’s biometric data collection

U.S. Senators Bill Cassidy, M.D. (R-LA), Amy Klobuchar (D-MN), and Jon Ossoff (D-GA) requested information about Amazon’s data collection practices involving biometrics in a letter to Amazon CEO Andy Jassy. The senators expressed concerns about the company’s use of data gathered by Amazon One, the company’s palm-print recognition and payment system.

The letter follows reports of Amazon offering credits to consumers to share their biometric data with Amazon One. Amazon has also announced that it is planning to expand the program, including potentially selling Amazon One technology to third-party stores.

“Amazon’s expansion of biometric data collection through Amazon One raises serious questions about Amazon’s plans for this data and its respect for user privacy, including about how Amazon may use the data for advertising and tracking purposes,” the senators wrote.

“Amazon One users may experience harms if their data is not kept secure. In contrast with biometric systems like Apple’s Face ID and Touch ID or Samsung Pass, which store biometric information on a user’s device, Amazon One reportedly uploads biometric information to the cloud, raising unique security risks…Data security is particularly important when it comes to immutable customer data, like palm prints,” the senators continued.

Read the full letter here or below:

Dear Mr. Jassy:

We write regarding concerns about Amazon’s recent expansion and promotion of Amazon One, a palm print recognition system, and to request information about the actions Amazon is taking to protect user data privacy and security.

Amazon One appears to be a biometric data recognition system that allows consumers to pay for their purchases in grocery stores, book stores, and other retail settings using their palm print. Consumers can enroll in the program at any location with an Amazon One device by scanning one or both palms and entering their phone and credit card information. Amazon One devices are currently in use in more than 50 retail locations throughout the United States, including in Minnesota. Locations with the technology currently include Amazon Go stores, Whole Foods locations, and other Amazon stores.

Recent reports indicate that Amazon is incentivizing consumers to share their biometric information with Amazon One by offering a $10 promotional credit for Amazon.com products. Amazon has also announced that they have plans to expand Amazon One, which may include introducing the technology in other Amazon stores as well as selling it to third-party stores. Amazon’s expansion of biometric data collection through Amazon One raises serious questions about Amazon’s plans for this data and its respect for user privacy, including about how Amazon may use the data for advertising and tracking purposes.

Offering products from home devices to health services, Amazon possesses a tremendous amount of user data on the activities of hundreds of millions of Americans. Our concerns about user privacy are heightened by evidence that Amazon shared voice data with third-party contractors and allegations that Amazon has violated biometric privacy laws. We are also concerned that Amazon may use data from Amazon One, including data from third-party customers that may purchase and use Amazon One devices, to further cement its competitive power and suppress competition across various markets.

Amazon One users may experience harms if their data is not kept secure. In contrast with biometric systems like Apple’s Face ID and Touch ID or Samsung Pass, which store biometric information on a user’s device, Amazon One reportedly uploads biometric information to the cloud, raising unique security risks. Like many companies, Amazon has been affected by hacks and vulnerabilities that have exposed sensitive information, such as user emails. Amazon’s various home device systems have leaked information or been hacked, as highlighted in a recent letter to the Federal Trade Commission (FTC) from 48 advocacy organizations. Company whistleblowers earlier this year also raised concerns about Amazon’s security practices. Data security is particularly important when it comes to immutable customer data, like palm prints.

In light of these issues, we respectfully ask that you provide written answers to the following questions by August 26, 2021:

  1. Does Amazon have plans to expand Amazon One to additional Whole Foods, Amazon Go, and other Amazon store locations, and if so, on what timetable?
  2. How many third-party customers has Amazon sold (or licensed) Amazon One to? What privacy protections are in place for those third parties and their customers?
  3. How many users have signed up for Amazon One?
  4. Please describe all the ways you use data collected through Amazon One, including from third-party customers. Do you plan to use data collected through Amazon One devices to personalize advertisements, offers, or product recommendations to users?
  5. Is Amazon One user data, including the Amazon One ID, ever paired with biometric data from facial recognition systems?
  6. What information do you provide to consumers about how their data is being used? How will you ensure users understand and consent to Amazon One’s data collection, storage, and use practices when they link their Amazon One and Amazon account information?
  7. What actions have you taken to ensure the security of user data collected through Amazon One?

 

Ensuring the security of user data and protecting consumer privacy are of the utmost concern. We look forward to your prompt responses.

Fingerprints PC solution integrated in Dell laptops

Fingerprints PC solution integrated in Dell laptops

Fingerprint Cards today announced that the company’s new biometric solution for the PC market is integrated in the power button of the Latitude 5000 and 7000 Series of laptops from Dell.

Thus far, Fingerprints has been awarded design wins with three of the world’s top five PC manufacturers. Consequently, the company expects to be able to announce further PC models in the near future, which feature Fingerprints’ new biometric PC solution.

“This product launch by Dell confirms the positive trend in demand for biometric authentication in consumer and enterprise PCs. Fingerprints is poised for continued growth in this segment, providing the perfect way to add convenient and secure authentication to PCs,” comments Ted Hansson, Senior VP Business Line Mobile at Fingerprints.

Fingerprints’ new solution for PCs interfaces with Windows Hello and is compliant with Microsoft Enhanced Sign-in (SecureBio), meeting both the biometrics and security requirements of Microsoft. It can be used in combination with a broad range of Fingerprints’ touch sensors, and its software is compatible with the Windows 10 operating system. The solution is tailored for use across a growing number of different form factors and use cases, including notebooks, 2-in-1 convertibles, and PC accessories. Fingerprints’ portfolio of compatible touch sensors is available in various shapes, coatings and customizable colors to support different designs and placements.

 

INTERPOL and Onfido provide training for airport officers in digital identity fraud

INTERPOL and Onfido provide training for airport officers in digital identity fraud

Onfido, a global identity verification and authentication provider, together with INTERPOL, the world’s largest police organisation, delivered training to U.S. border control and immigration officers in the latest document examination techniques to help enhance border security checks.

As part of the training, instructors from Onfido and INTERPOL’s Counterfeit Currency and Security Documents (CCSD) unit delivered a three-day, virtual document security examination training course to officers from New York’s JFK and Newark International airports.

Course participants were trained on the latest security features embedded in official government identity documents and provided practical exercises for identifying fraudulent documents including counterfeits, forgeries and fraudulently obtained documents.

The use of INTERPOL global policing capabilities was also high on the agenda, including:

  • Its Stolen and Lost Travel Documents database, which holds some 100 million records on a range of documents such as passports, identity cards and visa stamps
  • Edison (Electronic Documentation and Information System on Investigation Networks), which provides examples of genuine travel documents, in order to help identify fakes
  • The Digital INTERPOL Alert Library – Document (Dial-Doc), which allows countries to issue global alerts based on newly detected forms of document counterfeiting

Onfido is a longstanding partner of INTERPOL, providing training courses to police, border and immigration officials across the world. In 2019, Onfido provided a 3-day training course to government officials from Southeast Asia to help them better detect fraudulent identity documents. More recently, Onfido and INTERPOL hosted a joint webinar on July 29th to advise attendees on the latest fraud trends and detection methods for border officers.

“I was honored to welcome the 30 Customs and Border Protection officers from the New York and New Jersey areas to this vital three-day training event,” said the Director of INTERPOL’s National Central Bureau (USNCB) in Washington DC. “This rigorous and critical training is the result of a successful collaboration between the USNCB, Customers and Border Protection and INTERPOL that will enhance the ability of border officers to recognize counterfeit security and travel documents.”

Michael Van Gestel, Onfido’s Global Head of Fraud, emphasised the importance of the continued partnership with INTERPOL: “Following the success of the training in 2019, we continue our partnership with INTERPOL to share further training on the latest developments in the field of document authenticity verification. This year, as a result of the COVID-19 pandemic, we moved from a physical to an online training format. However, this only highlights the same shift that criminals have experienced over the last year or so. Never before has there been such a focus on online attack vectors, and as criminals continue to innovate, this underscores the importance of unifying our knowledge of both 3D and 2D identity document authentication and to share this unique knowledge in training courses such as this one.”

CCSD Coordinator, Daniela Djidrovska said: “Document verification is crucial to ensure that documents are both genuine and belong to the rightful holder. While the examination of identity documents is increasingly being taken over by artificial intelligence, travel documents are designed to be verified by trained personnel using sophisticated forensic document equipment. This joint CCSD-Onfido virtual training provided a vital opportunity to review best practices in the face of the continuous evolution of ID document fraud.”