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/

Driving smarter: how car subscription models are redefining mobility and financial flexibility

The world of mobility is changing fast, and car ownership is no longer the default. Across Australia, professionals and businesses alike are seeki...

The Future of Wealth Technology

“You shouldn’t need a large account balance to experience real-time investing. Technology should make that kind of access universal.” For decades...

Thryv wins national accolade at 2025 Australian Service Excellence Awards

  Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, announced that Greg Nicolle, G...

pay.com.au unveils first-of-its-kind FX rewards feature, becoming the most flexible rewards solution for Aussie businesses

pay.com.au, the end-to-end payments and rewards platform, today announced the launch of International Payments, Australia’s first foreign exchange...

Yellow Canary partners with Celery to bring pre-payroll assurance technology to Australia

Wage underpayment headlines continue to put pressure on employers of all sizes, revealing how costly payroll mistakes can be for small and medium bu...

Brennan Bolsters Leadership to Accelerate Next Growth Chapter

In a move to further embed cybersecurity at the heart of its business strategy and deliver sovereign secure-by-design solutions for its customers, A...