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        Innovatrics, a biometrics solutions provider based in Slovakia, announced the launch of SmartFace Embedded, which embeds edge processing capabilities in its facial recognition platform SmartFace.
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        This allows facial recognition to be processed directly in the cameras and AI boxes, utilizing their neural processing units. This also allows users to perform facial recognition in areas without any internet coverage.&nbsp;
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  <p>
    <a href="https://www.innovatrics.com/news/innovatrics-facial-recognition-on-the-edge-enables-advanced-video-processing-even-in-remote-areas/">
      Innovatrics
    </a>
  </p>
  <p>
    <a href="https://www.biometricupdate.com/202301/innovatrics-launches-edge-facial-recognition-for-high-performance-remote-deployments">
      Biometric update
    </a>
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Facial Recognition

Innovatrics introduces facial recognition on the Edge for advanced video processing..

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 <p>OLOID, a workplace identity management platform, secured USD 6 million in Series A1 funding. The funding round was led by Yaletown Partners and saw participation from Exposition Ventures, George Kaiser Family Foundation, Carya Ventures, as well as existing investors. The funds will be used to speed up expansion and innovation in the realm of workplace identity solutions. Moreover, the financial boost will aid in focusing on the development of identity solutions that can cater to the security, privacy, and operational requirements of businesses across the globe.</p> 
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OLOID raises USD 6 million in Series A1 funding to drive expansion

INCUMBENTS_PRESENT

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 <p>Meta is deploying facial recognition technology back into Facebook and Instagram, including new security measures to prevent scams and aid in account recovery. </p>
 <p>This system includes two main functions. First is the celebrity scam detection, which cross-references faces from ads with public celebrity profiles in order to identify and prevent fraudulent advertisements. Secondly, there's an account recovery verification that uses video selfies to identify users against their profile photos if they're locked out.</p>
 
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Meta reintroduces facial recognition features for Facebook and Instagram

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 <p>Clearview AI, a facial recognition technology firm, has won an appeal against a GBP 7.5 million (USD 9.80 million) penalty and a data deletion order instituted by the UK Information Commissioner's Office (ICO).</p>
 <p>The General Regulatory Tribunal decided that the ICO didn't have jurisdiction over Clearview AI, thereby overturning the regulator's initial decision. The company offers services to law enforcement and national security agencies to aid in crime-solving and investigations.</p>
 
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Clearview AI wins appeal against UK data regulator fine

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 <p>RaptorVision and Corsight have partnered together to integrate Corsight's facial recognition and intelligence with RaptorVision's AI product engagement platform. This serves to improve retail security, loss prevention, and customer experiences by rapidly identifying and monitoring persons of interest across store locations.</p>
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RaptorVision and Corsight AI partner for retail facial recognition AI platform

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 <p>CLOWD9, an authorized issuer processing platform, has formed a partnership with ID-Pal to incorporate its AI-enhanced identity verification technology into its range of payment solutions.</p>
 <p>As a result of this collaboration, CLOWD9 clients will now be able to access identity and AML screening solutions which come equipped with AI-powered fraud detection features, improving the security of their payments.</p>
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CLOWD9 partners with ID-Pal for AI-powered identity verification in payments

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 <p>Microsoft has introduced a new tool, Face Check with Microsoft Entra Verified, aimed at enhancing identity verifications. The system employs Azure AI services to compare a current selfie of a user with their Verified ID photo. This aids in identifying and combating several spoofing methods, inclusive of deepfakes, thereby safeguarding user identities.</p>
 
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Microsoft launches Face Check with Microsoft Entra Verified ID

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 <p>Incode Technologies has entered a partnership with AstroPay to enhance security and compliance of AstroPay's platform. The partnership aims to strengthen AstroPay's platform by integrating identity verification and authentication solutions provided by Incode, ensuring protection against fake identities, manipulated documents, deep fakes, phishing attacks, and account takeovers.&nbsp;</p>
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Incode partners with AstroPayto enhance identity verification and security

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 <p>Facial recognition technology firm, 20Face, has received EUR 1.3 million in funding from Twinning Participaties, Value Creation Capital, and OostNL. The capital will aid in breaking into new markets, enhancing their technology, forming more strategic partnerships, and bolstering the use of its privacy-first facial recognition approach.</p>
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20Face raises EUR 1.3 million in funding to enter new markets

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 <p>NEC Corporation has launched a new biometric authentication system employing its own face recognition and matching technology. The system can authenticate up to 100 individuals per minute in real time as they are in motion, without the need for gates.</p>
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NEC launches gateless biometric authentication system

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 <p>The Dutch Data Protection Authority (DPA) has fined Clearview AI, a facial recognition company, EUR 30.5 million (~USD 33.7 million) for violating Europe's General Data Protection Regulation (GDPR). The company has been alleged of creating an unlawful database with distinct biometric encodings linked to images gathered from social media platforms and also of not supplying adequate data to individuals regarding the usage of their photos and biometric information.</p>
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All Updates

Innovatrics introduces facial recognition on the Edge for advanced video processing..

OLOID raises USD 6 million in Series A1 funding to drive expansion

Meta reintroduces facial recognition features for Facebook and Instagram

Clearview AI wins appeal against UK data regulator fine

RaptorVision and Corsight AI partner for retail facial recognition AI platform

CLOWD9 partners with ID-Pal for AI-powered identity verification in payments

Microsoft launches Face Check with Microsoft Entra Verified ID

Incode partners with AstroPayto enhance identity verification and security

20Face raises EUR 1.3 million in funding to enter new markets

NEC launches gateless biometric authentication system

Dutch regulator fines Clearview AI USD 33 million for GDPR violations

Facial Recognition

Innovatrics introduces facial recognition on the Edge for advanced video processing..

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