AWRE

Aware Sets Fourth Quarter and Full Year 2023 Webcast for Tuesday, March 12, 2024 at 5:00 p.m. Eastern Time

Retrieved on: 
Thursday, February 22, 2024

Financial results will be issued in a press release prior to the call.

Key Points: 
  • Financial results will be issued in a press release prior to the call.
  • Aware management will host the webcast presentation, followed by a question-and-answer session.
  • The presentation will be made available for replay in the investor relations section of the company’s website .
  • The audio recording will be available for approximately 90 days following the live event.

Aware Adds Product Strategy Innovator to Executive Team to Further Align Biometric Platform and Vision with Market Growth

Retrieved on: 
Tuesday, January 23, 2024

At a time of continued transformation for Aware, Naddell will advance the company’s product-market-fit to further capitalize on the $15.2 billion multi-factor authentication market as interest in Aware’s platform offerings grows.

Key Points: 
  • At a time of continued transformation for Aware, Naddell will advance the company’s product-market-fit to further capitalize on the $15.2 billion multi-factor authentication market as interest in Aware’s platform offerings grows.
  • Naddell brings more than 10 years of proven leadership, with a history of leveraging product management to drive top-line growth and optimize the bottom line for offerings around the world.
  • “I’m thrilled to join Aware, a company that has been at the forefront of the biometrics industry for decades,” said Naddell.
  • “Now that we’re better positioned as a biometric identity platform company, it’s the right time to add a chief product officer to help strengthen our value propositions and platform offerings.

Unlocking the Future: Aware Partners with Avanza Solutions to Extend World Class Biometric Authentication Across Middle East, Asia and Africa

Retrieved on: 
Tuesday, December 19, 2023

BURLINGTON, Mass., Dec. 19, 2023 (GLOBE NEWSWIRE) -- Biometric authentication technologies have witnessed a significant increase in demand in the global financial services industry in recent years, and the Middle East, Asia and Africa are no exception. With more traditional forms of authentication like passwords increasingly vulnerable to hacking, financial services firms and their users are demanding a more secure and convenient way to verify identities.

Key Points: 
  • With more traditional forms of authentication like passwords increasingly vulnerable to hacking, financial services firms and their users are demanding a more secure and convenient way to verify identities.
  • To help meet this demand, today, Aware, Inc. (NASDAQ: AWRE), a leading global authentication company, and Avanza Solutions , a provider of digital platforms and services for banking, financial institutions, and other sectors, have announced a collaboration to deliver world-class biometric authentication solutions to the Middle East, Asia and Africa.
  • “In the near future, the Middle East and Africa are expected to be the fastest-growing regions in the world for financial services.
  • Through this partner program Aware helps technology providers increase revenue streams by offering biometric authentication capabilities.

Aware and Serban Group Team Up To Create Biometric Authentication Powerhouse Serving Latin American and European Markets

Retrieved on: 
Wednesday, November 15, 2023

This heterogeneity is matched only by the diversity of these regions’ identity credentials – and, increasingly, the corresponding opportunities for fraud.

Key Points: 
  • This heterogeneity is matched only by the diversity of these regions’ identity credentials – and, increasingly, the corresponding opportunities for fraud.
  • Fortunately, these regions - LATAM and LATAM financial services in particular – have become significant users and adopters of biometric authentication.
  • “With 20 years of experience, Serban Group already has a strong network of partners within LATAM and Europe, in addition to a dedicated division, Digital Identity.
  • Through this dedicated program, Aware is equipping technology providers with the power to create and increase revenue streams by offering biometrics.

Aware® Reports Third Quarter and Nine Month 2023 Financial Results

Retrieved on: 
Wednesday, November 1, 2023

BURLINGTON, Mass., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Aware, Inc. (NASDAQ: AWRE), a global biometric platform company that uses data science, machine learning, and artificial intelligence to tackle everyday business and identity challenges through biometrics, today reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Total revenue for the third quarter of 2023 increased 112% to $6.4 million compared to $3.0 million in the third quarter of 2022.
  • Operating cashflow for the third quarter of 2023 totaled $2.5 million, compared to cash usage of $2.0 million in the same year-ago period.
  • Net income for the third quarter of 2023 totaled $1.1 million, or $0.05 per diluted share.
  • Adjusted EBITDA (a non-GAAP metric reconciled below) for the third quarter of 2023 totaled $0.4 million.

Aware and PeopleCert Align to Prevent Proxy Testing

Retrieved on: 
Wednesday, October 25, 2023

Aware, Inc. (NASDAQ: AWRE) teamed up with the major player in examination and accreditation services, PeopleCert, to demonstrate how this issue can be addressed.

Key Points: 
  • Aware, Inc. (NASDAQ: AWRE) teamed up with the major player in examination and accreditation services, PeopleCert, to demonstrate how this issue can be addressed.
  • “The ease of proxy testing has increased due to online exams, e-learning and online certifications which makes the risk from it rise.
  • “Biometric authentication is an unsurpassed measure to prevent proxy testing in several ways,” Suzy Gunn, Chief Operating Officer for PeopleCert.
  • Biometric authentication is one of the many steps PeopleCert take in maintaining security, trust, and credibility.”

Aware Sets Third Quarter 2023 Webcast for Wednesday, November 1, 2023 at 5:00 p.m. Eastern Time

Retrieved on: 
Wednesday, October 18, 2023

Financial results will be issued in a press release prior to the call.

Key Points: 
  • Financial results will be issued in a press release prior to the call.
  • Aware management will host the webcast presentation, followed by a question-and-answer session.
  • The presentation will be made available for replay in the investor relations section of the Company’s website .
  • The audio recording will be available for approximately 90 days following the live event.

Aware Named “Catalyst” and Role Model in New Biometrics Digital Identity Market Report

Retrieved on: 
Tuesday, October 17, 2023

“The Biometric Digital Identity Prism Report” chronicles evolutionary industry trends, offers key digital identity differentiators, and profiles vendors on the Biometric Digital Identity Prism.

Key Points: 
  • “The Biometric Digital Identity Prism Report” chronicles evolutionary industry trends, offers key digital identity differentiators, and profiles vendors on the Biometric Digital Identity Prism.
  • “With a portfolio of turnkey solutions, frameworks, SDKs and identity system building blocks, Aware’s greatest strength is its biometrics expertise,” the report notes.
  • The firm has consistently anticipated market needs and developed or acquired technology to meet them.”
    The report highlights Aware’s ability to fully orchestrate user identity.
  • “That adaptability and flexibility…make [Aware] a role model for the biometric digital identity industry while positioning it for success as the world moves into the next phase of digital ID.”
    Craig Herman, chief revenue officer at Aware, said the report underscores the value Aware has worked diligently to bring to the biometrics industry.

Aware Ranks Top Performer in NIST Face Analysis Technology Evaluation (FATE) Benchmarking Test While Optimizing Demographic Parity

Retrieved on: 
Wednesday, October 11, 2023

The independent NIST results show Aware as a leader in presentation attack detection liveness technology while affirming Aware’s leadership position in optimizing demographic parity.

Key Points: 
  • The independent NIST results show Aware as a leader in presentation attack detection liveness technology while affirming Aware’s leadership position in optimizing demographic parity.
  • Eliminating racial, gender, and other biases to achieve optimal demographic parity has been Aware’s focus for years in both face recognition and presentation attack detection.
  • “Aware applauds NIST for both the rigor and the thought leadership demonstrated in designing this evaluation,” says Dr. Mohamed Lazzouni, Chief Technology Officer at Aware.
  • For more information regarding the NIST FATE report and results, or to learn more about Aware’s presentation attack detection systems, contact Aware today.

Aware Launches Partner Program, Empowering Both Large and Midmarket Technology Providers to Leverage Biometrics for Enhanced Revenue Streams

Retrieved on: 
Thursday, September 28, 2023

In fact, by one estimate , the use of biometric authentication for secure payments is expected to double by 2025.

Key Points: 
  • In fact, by one estimate , the use of biometric authentication for secure payments is expected to double by 2025.
  • Naturally, both large and midmarket technology providers - system integrators, distributors, resellers, consultants, large software companies and more - are focusing on biometrics to differentiate their offerings and increase revenue streams.
  • “Today’s technology users demand access to their devices and online accounts that is exceptionally easy and instantaneous, without any compromise in security,” says Craig Herman, CRO, Aware.
  • As part of today’s announcement, Aware is also offering a variety of partner tiers, an ecosystem hub and several new partner marketing initiatives.