Business Daily Media

Men's Weekly

.

NIST testing ranks TECH5 among the world's best performing Face Recognition Algorithms

  • Written by ACN Newswire
GENEVA, SWITZERLAND / ACCESSWIRE, Apr 18, 2019 - (ACN Newswire) - Recently released results from the Face Recognition Vendor Test (FRVT 1:1 Ongoing), conducted by the National Institute of Standards and Technology (NIST), rank TECH5 as one of the leading biometric technology companies in the world. "Ranking second in the VISA category, the largest database in NIST testing, confirms our experience and excellence in biometric technologies, as well as the top quality of our research and development teams", comments Rahul Parthe, Chairman and Co-founder of TECH5. "We continue to invest heavily in Artificial Intelligence and Deep Learning techniques to keep improving our world class Face, Finger and Iris core algorithms. Our mission is to develop large scale systems that address and solve real world problems."

The FRVT is an ongoing evaluation of more than 100 face algorithms submitted by biometric technology providers from all over the world. NIST benchmarks the algorithms by measuring their performance on the automatic recognition of face images, while checking for errors when comparing and verifying different types of images from visa applications as well as random photojournalism images etc.

TECH5 (Technology for Inclusion) is a Swiss Technology company headquartered in Geneva, Switzerland with subsidiary offices in the USA and ASIA. The company is in the business of design, development and distribution of large-scale Identity Management solutions. Their mission is to empower customers to build effective and responsible digital identity management solutions secured by biometrics and put the control of identity usage in the hands of the authorized owner in order to facilitate inclusion into fundamental programs such as financial services and Government benefit schemes.

Current ongoing projects include large deployments in National ID, Fintech, Border Control, Law enforcement and Surveillance. All three in-house developed algorithms, Iris, Finger and Face, are NIST-listed and have been tested on databases in excess of 80 million records in global deployments. TECH5 algorithms, ABIS and Authentication platforms are marketed through a global network of Integration partners. To learn more, visit www.tech5.ai[1]

A copy of the full NIST report can be found here: https://bit.ly/2GkCk4J[2]

Media Contact for TECH5: Machiel van der Harst, CEO, +39 366 442 7576, [email protected].[3]

Topic: Press release summarySectors: Security/Biometrics[4] http://www.acnnewswire.com From the Asia Corporate News Network

Copyright © 2019 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

References

  1. ^ www.tech5.ai (www.tech5.ai)
  2. ^ https://bit.ly/2GkCk4J (bit.ly)
  3. ^ [email protected] (www.acnnewswire.com)
  4. ^ Security/Biometrics (www.acnnewswire.com)

Read more http://www.acnnewswire.com/press-release/english/51230/

Refunds to Revenue: AI and loyalty perks help retailers in post-holiday hangover

Australian retailers are turning to artificial intelligence to simplify and automate returns and exchanges, while strengthening loyalty programs a...

Stop reading from the script: Why authenticity is the customer success secret weapon

I’ve been in customer service for years now. As my team has grown, the number one piece of advice I give is to be your...

From Check-in to Touchdown: How AI and smarter systems are transforming the travel industry

Richard Valente, VP of Customer Experience Strategy at TP in Australia, explores how IT-BPM outsourcing is revolutionising the travel sector throu...

Online Christmas shoppers fund climate and biodiversity projects via HealthPost's Click Sphere for Good initiative

Online shoppers with HealthPost’s Flora & Fauna have made 11,000 contributions towards climate and biodiversity projects when ordering parcel ...

US landmark settlement protects SMEs, highlighting flaws in the RBA's proposed blanket card surcharging ban for Australia

Aussie SMEs warn RBA not to ignore global trends, with the current sledgehammer approach threatening business viability and increasing inflation ...

Thryv Australia named Employer of Choice for third consecutive year at Australian Business Awards

Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, has been awarded the Employer of ...