Facephi Gartner Authentication Facephi Gartner Authentication The report by Gartner® recognises Facephi as a provider of innovative identity and identity verification solutions and also highlights the company in the Hype Cycle for Digital Identity 2025.The Spanish technology firm thus consolidates its trajectory for the second consecutive year as a provider of innovative, user-focused, and trusted technology. ALICANTE, Spain, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Facephi, a Spanish company specialising in ...

Core Insights - Facephi has launched a new feature called Advanced Injection Defense to enhance digital identity protection against deepfakes and manipulated media [1][2] - The feature integrates artificial intelligence and forensic image analysis to detect and block injection attacks, addressing the rising threat of digital identity fraud [2][4] Group 1: Company Overview - Facephi is a leading provider in the identity verification sector, focusing on verified digital identity solutions [1] - The company aims to restore trust in digital interactions by ensuring the authenticity of each step in the verification process [6] Group 2: Product Features - Advanced Injection Defense utilizes advanced detection methods for injection attacks, device emulation, and manipulation of capture channels [4] - The solution evaluates both visual content and the method of capture, identifying signs of alteration or simulation [4] Group 3: Market Relevance - The new feature is part of Facephi's Behavioral Biometrics solution and can be integrated into user onboarding and authentication processes [5] - It complies with regulatory standards and meets high-security requirements across various sectors, including banking, healthcare, telecommunications, and public administration [5]

Core Insights - Facephi Biometría, SA reported strong financial results for fiscal year 2024, showcasing double-digit growth across key metrics including Total Contract Value (TCV), Annual Recurring Revenue (ARR), net turnover, and normalized EBITDA [2][4][8] Financial Performance - Total Contract Value (TCV) increased to €57.8 million in 2024, reflecting a growth of 49.5% compared to €38.6 million in 2023 [3][8] - Annual Recurring Revenue (ARR) rose to €28.0 million, marking a 28.5% increase from €21.8 million in the previous year [3][8] - Net turnover reached €28.9 million, a 14.8% year-over-year growth from €25.1 million in 2023 [3][8] - Normalized EBITDA improved to €1.0 million, up 10.4% from €0.9 million in 2023 [3][8] - Cash flow showed significant improvement, moving from -€9.0 million in 2023 to -€4.6 million in 2024, a 48.3% enhancement [3][8] - Net bank debt decreased by 55.0%, from €10.0 million in 2023 to €4.5 million in 2024, with the NBD/turnover ratio dropping from 40.0% to 15.6% [3][8] Strategic Initiatives - The company launched new products and services in 2024, including Behavioral Biometrics, Mule Account Detection, and the IDV Suite for identity verification [6][8] - Facephi expanded its geographical presence into new markets such as Iraq, Jordan, Pakistan, Poland, Saudi Arabia, South Africa, and Uganda, while also strengthening its position in Canada and the U.S. through partnerships [6][8] - The company increased its reach into key sectors including gaming, cryptocurrency, hospitality, and travel, exemplified by a partnership with IATA for fully digital air travel [7][8] Future Outlook - The CEO emphasized the company's commitment to continuous innovation and sustained growth, positioning Facephi for accelerated growth and stronger cash flow in 2025 and beyond [4][5][9]