9 million people are registered under the biometric iris system, IrisGuard Deputy Director Simon Reed told Biometric Update in an interview earlier this year.
The duo did not disclose the value of the deal. SEK, however, said it expects global revenues to exceed 1 billion Brazilian reais (US$185.6 million) in 2025.
To increase identity protection, Norway is examining Mobai’s homomorphic encryption for protecting biometric templates used in the country’s banking industry.
The Road to Digital ID offers overviews of digital identity verification mechanisms, opportunities and risks, and overviews of major global initiatives.
The competition regulator of Colombia has ordered an “immediate and permanent” closure of digital identity project World over data protection law violations.
The wallet platform has already validated its first wave of pilot customers and is now embarking on a new testing phase with the launch of the Global Sandbox.
V2 of the age verification app blueprint has been released, as the bloc continues to debate restricting children from accessing social media platforms.
The eID will be released by the National Police Board as an official document that allows users to verify identity or age without sharing too much information.