FaceTec posts another quarter of major revenue gains, reveals BixeLab evaluation

FaceTec says revenues from its face biometrics and liveness detection software increased by 72 percent, year over year, in the second quarter of 2023, to nearly ten times what the company earned in the same quarter of 2020.

Revenues were boosted by 15 new agreements during the quarter, including one with of Europe’s leading security printing companies, which produces biometric passports, banknotes, and payment cards. 3D liveness checks with FaceTec’s technology increased by 139 percent in the quarter, on a …

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