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Ping Identity Acquires Best of Show Winner Keyless

by Catatonic Times
November 4, 2025
in DeFi
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Digital identification firm Ping Identification has agreed to accumulate UK-based biometric authentication agency Keyless. Phrases of the acquisition weren’t disclosed.

Ping Identification will combine Keyless’ Zero-Data Biometrics know-how into its platform to allow enterprise to boost their fraud prevention and person verification processes.

Ping Identification has been a Finovate alum since its look at FinovateEurope 2012. Keyless received Better of Present in its Finovate debut at FinovateEurope 2025.

Digital identification firm Ping Identification has agreed to accumulate UK-based biometric authentication specialist—and FinovateEurope 2025 Better of Present winner—Keyless. Phrases of the acquisition haven’t been disclosed, and the transaction stays topic to customary closing circumstances and regulatory approvals.

“In an period the place belief is constantly examined, organizations should ship digital experiences which might be safer, non-public, and easy,” Ping Identification CEO and Founder Andre Durand stated. “By becoming a member of forces with Keyless, we goal to make privacy-preserving authentication so simple as a look—constructing higher confidence into each digital interplay.”

With its Zero-Data Biometrics know-how, Keyless separates itself from conventional biometric authentication options in numerous methods. Requiring a solely single look on the digicam, Keyless’ know-how verifies the person’s face and system towards enrollment knowledge, leveraging cryptographic methods that forestall biometric knowledge from being saved in a retrievable kind. This prevents the info from being reconstructed and probably linked again to the unique picture—whether or not on the system or within the cloud. Moreover, Keyless doesn’t require a devoted system, which makes the know-how simpler to deploy throughout a variety of various environments and person teams.

The know-how helps defend customers towards fraud methods resembling account takeover, offering instantaneous biometric authentication and deepfake detection for frontline and cell staff with sub-300ms efficiency benchmarks. Keyless additionally helps workers with passwordless multi-factor authentication and seamless single sign-on (SSO) for simpler, stronger entry. The know-how can be designed to boost readiness for a wide range of worldwide regulatory compliance requirements for privateness together with GDPR, CCPA, and PSD3.

“Belief lies on the coronary heart of each digital relationship,” Keyless CEO and Co-Founder Andrea Carmignani stated. “This acquisition will assist to embed belief all through the identification journey—from verification to authentication to authorization—and displays our shared dedication to a safer, seamless, and personal world.”

Per the acquisition, Ping Identification will combine Keyless’ privacy-preserving biometric authentication into its platform to allow companies to boost their fraud prevention and person verification processes with out including friction to the person expertise. The acquisition additionally helps Ping Identification manifest its One Platform imaginative and prescient of offering verified belief throughout all identities, together with buyer identification and entry administration (CIAM) workforce, and B2B use circumstances. This imaginative and prescient additionally means delivering safe, passwordless entry for frontline, shared terminal, and manufacturing environments.

Headquartered in Denver, Colorado and based in 2003, Ping Identification first demonstrated its know-how at FinovateEurope 2012. At the moment, the identification verification innovator boasts 99.99% uptime and greater than three billion identities below administration. The corporate’s acquisition announcement comes within the wake of a survey it carried out that indicated that whereas AI use is climbing quickly, its impression on buyer belief has been more and more problematic. “AI and the rise of brokers is compounding the assault on belief, making threats extra persuasive and tougher to detect, which raises the stakes for identification verification and safety,” Ping Identification VP of Client Phase Technique Darryl Jones stated.

Successful Better of Present in its FinovateEurope 2025, Keyless was based in 2019 and relies in London. The corporate’s privacy-preserving biometric authentication know-how has helped banks, fintechs, crypto platforms, and extra scale back account takeover incidents, safe high-risk transactions, and enhance operational effectivity. Keyless’ Zero-Data Biometrics resolution supplies multi-factor authentication with a single look on the digicam, delivering leads to 300 milliseconds with out storing worthwhile biometric info.

Final month, Keyless introduced that it had been named a “Luminary” in Acuity Market Intelligence’s Biometric Digital Identification Privateness and Compliance Prism Report. In September, Keyless was featured in Gartner’s Rising Tech Affect Radar: Disinformation Safety for its improvements in biometric steady identification assurance.

Picture by cottonbro studio


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