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UK, 19 May 2022 – The Open Identity Exchange (OIX) is pleased to announce that TECH5, a rapidly expanding global expert and innovator in the field of biometrics and digital identity management, is the latest to join the OIX community.
TECH5 is focused on developing inclusive biometric and digital ID offerings through the application of AI and machine learning technologies. It is expanding rapidly across the globe with a second investment of US$10 million, not long after completing its first investment round of US$10.5 million.
Founded by a team of biometrics industry veterans that played major roles in some of the world’s largest biometric implementation programs, including Indian Aadhar and Indonesia National ID, TECH5 has now joined the OIX community to help drive the agenda for inclusion through technology.
Machiel van der Harst, Co-founder and CEO of TECH5, said: “Our mission is very much in line with the mission of the OIX community. We believe that together we can make the future of identity management more inclusive. This future will be one in which universally trusted digital IDs will be owned by citizens and will be able to be used in every facet of their lives, online and offline, with or without a smartphone.”
“We look forward to becoming a part of OIX, so that we can share our knowledge and exchange ideas with other members of the community,” added Rob Haslam, TECH5 Strategic Advisor.
Nick Mothershaw, Chief Identity Strategist at OIX, said: “TECH5’s inclusive technologies and vision to ensure everyone has control of their own digital ID aligns with much of the work we have undertaken. They are passionate about the development of standards, as well as raising the level of expertise in the biometric market, and we believe they will bring an invaluable perspective to the community.”
OIX has 63 member organisations across various sectors, comprising of ID scheme operators, ID tech vendors, ID providers, consultancies, government and private sector. The executive board members include: Barclays, Deloitte, Equifax, International Airlines Group, LexisNexis, Microsoft, Sopra Steria and Timpson.
Go to TECH5's member company page by clicking HERE
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Media Enquiries: For more information, please contact Serj Hallam
E: communications@openidentityexchange.org
T: 07789 372771
About TECH5®
TECH5, an innovator in the field of biometrics and digital identity management, is an international technology company founded by experts from the biometrics industry.
A combination of sustained investment and single-minded dedication to the development of biometric modalities that capitalize on AI has resulted in TECH5’s algorithms being consistently ranked in the top tier of NIST ranking for face, fingerprint, and iris recognition technologies.
Our core biometric technologies for face, fingerprint, and iris capture and matching are fully developed in-house, and available as software developer kits (SDKs) as well as part of TECH5 muti-modal biometric platforms.
Our latest innovation - T5-AirSnap - is a technology for AI-based mobile contactless fingerprint and face capture. T5-AirSnap is offered as both a separate product and as a part of T5-Digital ID – the inclusive technology platform for digital identity issuance and verification.
TECH5 target markets include both Government and Private sectors with products powering Civil ID, Digital ID, as well as authentication solutions that deliver identity assurance for various use cases.