BIPA

Consumer Comfort Plummets As Only 5% Highly Trust Tech Companies to Safeguard Biometric Data

Retrieved on: 
Wednesday, February 21, 2024

According to GetApp's 2024 Biometric Technologies Survey of 1,000 consumers, the number of individuals who highly trust tech companies to safeguard biometric data has absolutely plummeted, falling from 28% in 2022 to a mere 5% in 2024.

Key Points: 
  • According to GetApp's 2024 Biometric Technologies Survey of 1,000 consumers, the number of individuals who highly trust tech companies to safeguard biometric data has absolutely plummeted, falling from 28% in 2022 to a mere 5% in 2024.
  • Consumer comfort levels have dropped considerably when sharing:
    This discomfort is fueled by various security concerns regarding data breaches, misuse of data, identity theft, and reduced privacy.
  • Beyond security concerns, 63% of consumers lack faith in the accuracy of biometric technology, compared to just 38% in 2022.
  • A big push against biometric data sharing coincides with the explosion of generative AI into public consciousness in 2023.

FaceTec® Posts 120% Usage Growth and 54% Revenue Growth YoY in 2023

Retrieved on: 
Thursday, January 25, 2024

SUMMERLIN, Nev., Jan. 25, 2024 /PRNewswire-PRWeb/ -- FaceTec, Inc. has announced extraordinary growth and achievements in 2023, and as the global standard for 3D Face Verification has expanded into the Know Your Customer (KYC) sector.

Key Points: 
  • FaceTec's privacy-protecting architecture does not require any personally identifiable information (PII) from end-users ever be sent to FaceTec, protecting user privacy and easing compliance with evolving consumer protection regulations such as BIPA, CCPA, and GDPR.
  • FaceTec's customer-hosted KYC software suite provides free Photo ID Scans for 1,400+ ID documents (demo video here ) and dramatically reduces the cost of onboarding new users when compared to typical IDV services.
  • These features provide even greater value to the already hugely successful FaceTec software suite, and there are still no setup charges or support fees.
  • FaceTec only charges for 3D Liveness Checks performed by end-users, nothing else.

Five Big Questions (and Zero Predictions) for the U.S. State Privacy Landscape in 2024

Retrieved on: 
Tuesday, January 2, 2024

Entering 2024, the United States now stands alone as the sole G20 nation without a comprehensive, national framework governing the collection and use of personal data. With bipartisan efforts to enact federal privacy legislation once again languishing in Congress, state-level activity on privacy dramatically accelerated in 2023. As the dust from this year settles, we [?]

Key Points: 


Entering 2024, the United States now stands alone as the sole G20 nation without a comprehensive, national framework governing the collection and use of personal data. With bipartisan efforts to enact federal privacy legislation once again languishing in Congress, state-level activity on privacy dramatically accelerated in 2023. As the dust from this year settles, we [?]

If You Were Fingerprinted by BioMetric Impressions Corp. on or after January 8, 2015, You May Be Eligible for a Cash Payment from a Class Action Settlement.

Retrieved on: 
Thursday, November 23, 2023

Although BIC denies the allegations and any wrongdoing, the parties have decided to settle their dispute (the "Settlement").

Key Points: 
  • Although BIC denies the allegations and any wrongdoing, the parties have decided to settle their dispute (the "Settlement").
  • Each Class member who submits a timely, valid Claim Form may receive a payment out of the Settlement.
  • To receive a cash payment from the fund, you must complete and submit a Claim Form by February 22, 2024.
  • If you want, you can hire your own attorney at your own expense to appear or speak for you at the hearing.

FaceTec® Exceeds Two Billion 3D Liveness Checks Annual Rate as Hypergrowth Continues in Q3 2023

Retrieved on: 
Thursday, October 19, 2023

SUMMERLIN, Nev., Oct. 19, 2023 /PRNewswire-PRWeb/ -- FaceTec, Inc. has announced its exceptional growth continued in Q3 2023. With its position as the global standard for 3D Face Verification firmly in place, it is now expanding into the Know Your Customer (KYC) sector. New independent test results show that FaceTec's powerful 3D Liveness, Photo ID Scan, and 3D:2D Face Matching software consistently outperforms legacy 2D competition.

Key Points: 
  • New independent test results show that FaceTec's powerful 3D Liveness, Photo ID Scan, and 3D:2D Face Matching software consistently outperforms legacy 2D competition.
  • FaceTec now performs 2 billion+ 3D Liveness Checks, annualized (5m+/day)
    FaceTec signed 11 new commercial agreements directly and added over 10 new customers through partners in LATAM alone.
  • The PAD testing was performed in conjunction with 1,000+ live-user, real-world "demographically diverse" 3D Liveness Checks plus ID Scans with 3D:2D Face Matching.
  • FaceTec only charges for 3D Liveness Checks performed by end-users; nothing else.

Alcatraz AI to Showcase Frictionless, Private & Secure Access Control at SECTECH Sweden

Retrieved on: 
Tuesday, October 3, 2023

CUPERTINO, Calif., Oct. 3, 2023 /PRNewswire-PRWeb/ -- Alcatraz AI, a global leader in autonomous access control solutions, announced today that it will showcase frictionless, private, and secure access control at Sectech Sweden in stand 06:39.

Key Points: 
  • CUPERTINO, Calif., Oct. 3, 2023 /PRNewswire-PRWeb/ -- Alcatraz AI, a global leader in autonomous access control solutions, announced today that it will showcase frictionless, private, and secure access control at Sectech Sweden in stand 06:39.
  • Alcatraz AI leads the way in access control innovation with AI-powered technologies to elevate security and user convenience standards.
  • Designed to bolster biometric user privacy and simplify the enrollment process, these innovative features deliver secure, private, and effortless access control solutions to organizations around the globe.
  • "We are thrilled to participate in SECTECH in Stockholm and share our vision for the future of access control," said Vince Gaydarzhiev, founder of Alcatraz AI.

Alcatraz AI Raises the Bar with New Biometric Privacy and Enrollment Functions for Secure and Effortless Access Control at GSX

Retrieved on: 
Tuesday, August 8, 2023

CUPERTINO, Calif., Aug. 8, 2023 /PRNewswire-PRWeb/ -- Alcatraz AI, a global leader in autonomous access control solutions, announced today that it will showcase its latest privacy and enrollment functions at the Global Security Exchange (GSX) conference in booth #2608. The event will take place from September 11-13, 2023, at the Kay Bailey Hutchison Convention Center in Dallas, TX.

Key Points: 
  • Alcatraz AI is at the forefront of access control innovation, with AI powered technologies that raise the bar for both security and user convenience, including new web-based Mobile Enrollment and Privacy Consent Management features of the Alcatraz AI Rock.
  • The company's new features aim to enhance biometric user privacy and streamline the enrollment process - ensuring secure, private effortless access control for organizations worldwide.
  • Attendees can look forward to experiencing firsthand how the new privacy and enrollment functions seamlessly deploy within Alcatraz AI's access control platform, delivering enhanced security and user-friendly functionalities.
  • "We are thrilled to showcase our cutting-edge privacy and mobile enrollment features at GSX," stated Tina D'Agostin, CEO of Alcatraz AI.

FaceTec Sees Continued Revenue and Usage Hypergrowth in Q2 2023

Retrieved on: 
Tuesday, July 18, 2023

SUMMERLIN, Nev., July 18, 2023  /PRNewswire-PRWeb/ -- FaceTec, Inc. has announced class-leading Q2 results, outpacing the IDV/KYC sector and furthering its global leadership with powerful 3D Liveness, IDV/KYC, and 3D face-matching software.

Key Points: 
  • SUMMERLIN, Nev., July 18, 2023 /PRNewswire-PRWeb/ -- FaceTec, Inc. has announced class-leading Q2 results, outpacing the IDV/KYC sector and furthering its global leadership with powerful 3D Liveness, IDV/KYC, and 3D face-matching software.
  • FaceTec's 15 new agreements in the second quarter add several integration partners to its 95+ global Partner network.
  • Further, Q2 saw in-depth lab testing by Bixelab with over 1,000 real-world "demographically diverse" users providing both a FaceTec proprietary 3D FaceScan and a 2D image of a photo ID document.
  • FaceTec only charges for 3D Liveness Checks performed by end-users; nothing else.

Keyo, the privacy-first global biometric identity platform, announces the launch of their newest device, the Keyo Wave+

Retrieved on: 
Tuesday, July 18, 2023

NEW YORK, July 18, 2023 /PRNewswire/ -- Keyo, the privacy-first global biometric identity platform, today announced the launch of their newest device, the Keyo Wave+.

Key Points: 
  • NEW YORK, July 18, 2023 /PRNewswire/ -- Keyo, the privacy-first global biometric identity platform, today announced the launch of their newest device, the Keyo Wave+.
  • Keyo's biometric technology allows anyone to pay at stores, redeem a ticket, open doors & more with a wave of the hand.
  • The Keyo Network's secure global identity platform for people and businesses spans companies, countries, and use cases.
  • Keyo's selection of the palm for its biometric identity system is just one of the ways the company protects consumer privacy.