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Aluf Holdings executes LOIs to acquire two biometrics businesses for over $30M combined
A pair of mystery biometrics companies are being targeted by Aluf Holdings for acquisition. The company announced the execution of non-binding Letters of Intent to acquire all outstanding stock of a pair of privately-held companies for millions in cash and stock ... Read the whole story here.

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Daily Biometrics News
Senators make their case for proposed U.S. facial biometrics law at Brookings
A recent panel discussion was hosted by the Brookings Institute to discuss how the U.S. government and law enforcement officials...
 
Biometrics stocks news: AMS reaches Osram deal, RealNetworks, FPC, Google-Fitbit and OneConnect
AMS has emerged victorious from the bidding war over Osram, picking up 55 percent of the company’s shares with a...
Port of Seattle pushes back on facial recognition as TSA plans next steps for biometric pilots
The launch of U.S. Customs and Border Protection’s (CBP’s) Biometric Exit at Seattle-Tacoma International Airport has been halted, after the...
 
Birth registrations climb 20 percent in a decade, but progress needed to meet SDG 16.9, UNICEF says
Birth registrations have significantly improved, causing hope that the United Nation’s Sustainable Development Goal 16.9, which includes universal free birth...
House unanimously passes deepfake bill; Senate version still in committee
The bipartisan House Identifying Outputs of Generative Adversarial Networks Act (IOGAN Act), which supports critical research to accelerate the development...
 
Rapid DNA biometrics identify victims in 90 minutes in California boat fire case
Passengers and a crew member killed in a boat fire in September off the coast of Santa Cruz Island, California,...
Accenture and Onfido bring new identity governance and onboarding tools to ForgeRock platforms
ForgeRock has announced a pair of partnerships and new identity governance capabilities for people and things at the Gartner Identity...
 
TypingDNA extends proprietary typing biometrics technology for mobile authentication
TypingDNA is extending its proprietary typing biometrics technology for mobile-based authentication at the Gartner Identity and Access Management (IAM) Summit...
San Francisco officials revise ban, forget government devices have in-built facial recognition
San Francisco can not be sued for breaking its own facial recognition ban, the Board of Supervisors voted this week,...
 
IN Group purchases Surys to bolster identity, banking, fiduciary payments security
Following exclusive negotiations that started in August, IN Groupe has wrapped up the purchasing process of identity document authentication company...
OneTrust adds 7 to ID Verification Partner Program to help California privacy law compliance
OneTrust has added seven new partners to the OneTrust ID Verification Partner Program to optimize the California Consumer Privacy Act...
 
North America holds 33 percent of automated fingerprint identification systems market
The automated fingerprint identification systems (AFIS) market is forecast to register approximately $38 billion by 2027, triggered by a global...
 
 
 
 
 
 
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