Facial biometrics testing takes an outsized place among the headlines of the week on Biometric update, while business progress and big deals continue apace. FaceTec has a new algorithm that it says represents a new state of the art in facial biometrics, and the DHS Rally results show the best performance yet. Idex Biometrics will power German fintech payment cards, and Sri Lanka is moving forward with its MOSIP-based digital ID system. BehavioSec is the latest biometrics vendor to be acquired, and Synthesis AI is the latest startup to unveil a multi-million dollar funding round.
Top biometric news of the week
Sri Lanka is set to start capturing biometrics and issuing national digital ID cards, based on its SL-UDI system and MOSIP platform, a government official has revealed, with the recent completion of the preparatory phase. Meanwhile, Bhutan is at the fifth of its biometric digital ID registrations, thousands of Myanmar refugees in India are receiving ID cards, and the digital ID produced by IN Groupe in Monaco has won an award from the ‘industry.
The example provided by the EU digital wallet for countries in Africa and beyond implementing mobile identity management for social development benefits was the subject of the latest live stream of ID4Africa before the return of the Movement’s flagship annual meeting. Upcoming pilots will be watched closely for lessons on interoperability, but panelists also cautioned that digital ID stakeholders in Africa must uphold their transparency and data protection commitments.
Tech giants Apple, Google and Microsoft stepped up their commitment to increase the adoption of password-avoiding login options on the ninth World Password Day, enabling automatic FIDO logins across multiple devices without re-register each account. Increased support for FIDO and W3C standards aims to drive adoption of passwordless authentication.
A new report for the ongoing NIST FRVT 1:N test has been released, showing virtually unchanged results for the best-performing algorithms, but the gradual increase in systems creating models for multiple faces from a single image continues. continues. The latest update comes just as the IMF predicts a $22.5 billion global market for facial recognition within a decade, up from just over $5 billion today.
FaceTec provides 3D facial biometrics, which is therefore not included in the NIST benchmark, so the developer engages with UK Age Check certification services for independent testing. FaceTec claims that its latest algorithm delivers a FAR of 1 in 125 million, an improvement of more than 876% over its previous generation and almost ten times better than the main FRVT result.
Anonymized results from the 2021 DHS Biometrics Rally are out and show significant accuracy gains for high-throughput systems. These gains include 100% match rates for some hardware and software combinations, and no demographic differential for some vendors, but other vendors still have significant room for improvement.
Synthesis AI received $17 million in a Series A funding round and plans to develop products for particular verticals, and its CEO has spoken about the potential of synthetic data to improve facial biometrics. Funding will be directed toward product research and development, team growth, and continued research around its specialties in AI, procedural generation, and video effects rendering.
A German online bank has chosen Idex Biometrics to provide it with biometric payment card technology, as Europe continues to lead other regions in engagement. The company also confirmed its preliminary results, including dramatic revenue growth, in its 2021 annual report.
The mobile version of the popular Norwegian BankID is expected to be replaced by apps offering biometric security, possibly next year. The current version of the digital ID authentication platform was created more than ten years ago and does not support virtual SIM cards.
LexisNexis has acquired BehavioSec for an undisclosed amount and will integrate the technology into its ThreatMetrix fraud prevention platform. BehavioSec’s mobile capabilities will complement ThreatMetrix’s browser-based cybersecurity capabilities, but enterprise behavioral biometrics will also be offered as a standalone solution for smaller organizations.
David Birch lays bare the problem of digital fraud and the urgent need for digital identity. His argument links soaring fraud rates to the loss of taxpayers’ money and rising service charges, and with an estimated $49 billion in fraud predicted in 2030, and banks taking a stand. that account-to-account fraud, if authorized by the customer, is not fraud, consumers may need to fight more actively for secure digital ID.
Finally, congratulations from all of us at Biometric update to the CEO of the Institute of Biometrics Isabelle Moeller on 20 years with the organization. The Institute has just launched a new privacy awareness checklist for members.
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