BioID provides cloud biometrics solutions for both public and private clouds with face and voice recognition. The company is primarily focused on developing convenient, strong, privacy-assured face and voice recognition systems that are easily available. For instance, in February 2017, the company successfully launched solutions for eye and voice recognition. Moreover, in December 2015, the company launched a facial recognition app for iPhones and iPads. These launches have helped in delivering enhanced performance using various platforms for user authentication. BioID’s focus is on developing industry-leading authentication solutions. This has helped the company’s technology in being successfully implemented for banks, enterprises, and government organizations.
BioID’s inorganic growth strategies are evident from the various collaborations the company has undertaken with leading enterprises. In November 2016, BioID collaborated with A-Trust to expand its marketing position with the implementation of the new EU regulations. Moreover, the company, in February 2017, collaborated with Worldcore for online biometric payments. These strategic collaborations have helped BioID in gaining a leading position in the market and further strengthening its position to provide secure, convenient protection for financial services.