<div>
  <ul>
    <li>
      <p>
        Corsight AI, a developer of facial recognition technology jointly headquartered in the US and the UK, has announced its partnership with OneMind Technologies, a fully owned subsidiary of Affluence Corporation. The latter provides IoT solutions for smart cities and smart industries.
      </p>
    </li>
    <li>
      <p>
        Through the partnership, OneMind&rsquo;s Hypervisor SVI (a real-time detection product that helps police departments to respond to carjackings and vehicle thefts) will be integrated with Corsight&rsquo;s facial recognition solutions to support police forces to fight criminal behavior and thereby improve security in smart cities.
      </p>
    </li>
  </ul>
  <p>
    &lt;ul&gt;&lt;li&gt;
    <b>Analyst QuickTake: </b>
    Corsight AI was 
    <a href="https://sp-edge.com/updates/11773?industryIds=16">
      ranked top in an NIST
    </a>
     facial recognition vendor test last week for reducing racial biases in its facial recognition algorithm. The partnership with OneMind is an example of how the use cases of facial recognition technology improve along with increasing accuracy.&lt;/ul&gt;
  </p>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.accesswire.com/709944/Corsight-AI-Partners-with-OneMind-Technologies-to-Enhance-Security-in-Smart-Cities">
      Press release
    </a>
  </p>
  <p>
  </p>
</div>


Facial Recognition

Corsight AI partners with OneMind Technologies to offer facial recognition for smart city applications

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

<div>
 <p>Microsoft has introduced a patented technology integrating facial recognition into Windows 11 and OneDrive image search features. The technology uses facial recognition to evaluate images, determine the number of individuals in them, identify them, and rank them accordingly.</p>

</div>

Microsoft launches patent for facial recognition-based image search functionality

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 <p>Paravision, a facial recognition software provider, has collaborated with IdentityE2E, which focuses on public sector projects, to provide a managed service for government and enterprises. The service merges Paravision's facial recognition technology with IdentityE2E's AWS Landing Zone Accelerator, forming a scalable, cost-efficient biometric security platform for current systems.</p>
</div>

Paravision partner with IdentityE2E to offer managed facial recognition service for public sector

<div>
 <p>Samsung has collaborated with Meta-optics provider Metalenz to incorporate its ISOCELL Vizion 931 image sensor into Metalenz's Polar ID. This is a biometric face unlock solution for smartphones.</p>
</div>

Samsung partners with Metalenz to enhance facial recognition solutions

<div>
 <p>Entrust, an identity-based security software and service provider, is discussing a possible acquisition of Onfido, a company that provides virtual identity verification solutions. The acquisition would enable Entrust to incorporate Onfido's identity verification methods such as AI-driven biometric and document IDV technology into its own identity solution services.</p>
</div>

Entrust to acquire Onfido for enhanced identity security solutions

<div>
 <p>Microsoft introduces a preview of Face Check, an element of Microsoft Entra verified ID, designed for performing identity verifications. It functions by comparing real-time selfies with the registered identification. This is achieved by generating a confidence score based on eye and nose placements and running a liveness check to eliminate static images. The Face Check service is developed employing Azure AI Vision Face API and has been trained using approximately 5,490 face clips.</p>
</div>

Microsoft previews identity verification offering

<div>
 
 <p>AI health company AiCure has secured USD 12 million through loan refinancing and received an additional USD 4 million from ongoing investors.</p>
 <p>These funds are aimed towards operational expansion, product enhancement, and investment in research and development.</p>
 
</div>

AiCure raises USD 16 million for expansion

<div>
 <p>Yoti, a digital identity firm, has secured USD 25.45 million in funding, including USD 15.91 million in debt funding from HSBC and USD 9.55 million in convertible debt funding from existing stakeholders. This brings Yoti's total funds to approximately USD 211.26 million. These funds will be used to support the company's growth towards profitability. Yoti specialises in providing global verification solutions such as identity and age verification, document e-signing, access management, authentication and facial age estimation technology.</p>
</div>

Yoti receives GBP 12.5 million funding for growth and expansion

ANALYST_QUICK_TAKE

<div>
 <p>Clearview AI, a facial recognition company, has reached an initial agreement to settle allegations of breaching Illinois' Biometric Information Privacy Act with a class of plaintiffs.</p>
 <p>Details of the agreement remain undisclosed after a recent hearing. Delays occurred due to disputes over plaintiff attorneys and numerous settlement drafts.</p>
 <p>An in-person approval hearing is set for January 23, 2024, regarding the settlement agreement.</p>
</div> <p><b>Analyst QuickTake:</b> In May 2022, the company also <a href="https://sp-edge.com/updates/10261"> settled a lawsuit </a> it had with the American Civil Liberties Union (ACLU) in 2020 by agreeing to stop offering its facial recognition products to private companies and individuals.</p>

Clearview AI strikes initial agreement to resolve lawsuit on biometric data privacy

The HTML code given represents a div element containing three paragraphs. The paragraphs explain the integration of CyberLink's FaceMe Security and Genetec Security Center. The integration allows for enhanced security measures through AI facial recognition. The collaboration enables features like blocklisted individual detection, real-time alerts, and facial search to streamline video investigations. Users can benefit from improved access control, 99.83% accurate facial recognition, and efficient investigative capabilities within Genetec Security Center. <p>Analyst QuickTake: Throughout the year, CyberLink collaborated with various organizations, extending the availability of its FaceMe Security. These partnerships include <a href="https://sp-edge.com/updates/22558"> alliances with Terminology </a> for POS and kiosk services, <a href="https://sp-edge.com/updates/22428"> integration with Hanwha Vision's </a> Wisenet WAVE VMS for improved security infrastructure, <a href="https://sp-edge.com/updates/20458"> collaboration with Simpello </a> for enhanced hospitality and retail experiences, and <a href="https://sp-edge.com/updates/19132"> integration with Kdan </a> Mobile's e-signature solution, DottedSign, for FaceMe eKYC solutions.</p>

CyberLink partners with Genetec Security Center to enable access control and investigations

<div>
 <ul>
  <li><p>AuthID, a provider of biometric identity authentication solutions, plans to issue 1,574,990 common shares via a registered direct offering to raise ~USD 9.4 million.</p></li>
  <li><p>The share price is set at USD 6, while the current Nasdaq shares are trading at USD 7.20 on November 22.</p></li>
 </ul>
</div>

All Updates