BigBear.ai partners with SoftPoint for facial recognition in payment transactions

TAGS

, a key player in AI-driven decision intelligence, has secured a partnership with SoftPoint to integrate facial recognition payments into retail transactions. The company’s biometric security technology will be deployed across SoftPointPay’s network, enabling secure payment processing with advanced identity verification.

SoftPointPay’s integration of BigBear.ai biometrics is aimed at reducing fraud, streamlining transactions, and enhancing customer experience. By leveraging , BigBear.ai’s facial recognition technology, businesses using SoftPointPay will be able to authenticate payments with biometric authentication, reducing the risks of stolen credit card details or unauthorized purchases.

Ha McNeill, Vice President of Digital Identity at BigBear.ai, stated that the partnership highlights the potential of AI-powered security solutions in consumer transactions. He noted that the implementation of facial recognition payments could set new industry standards for both security and convenience.

Christian “Riv” Rivadalla, CEO of SoftPoint, expressed confidence in the collaboration, explaining that biometric security technology is a major step forward in protecting transactions. He added that businesses and consumers alike would benefit from enhanced security without compromising ease of payment.

SoftPointPay is already in use across retail stores, dining establishments, banks, and event venues, positioning facial recognition payments as an emerging standard in the payment industry.

See also  LSU and Integer Technologies secure $9.8m US Navy contract for autonomous maritime systems

BigBear.ai Wins U.S. Department of Defense Contract for AI-Powered Geopolitical Risk Analysis

BigBear.ai’s capabilities extend beyond payments. Earlier this month, the company was awarded a contract by the U.S. (DoD) to develop AI-driven geopolitical risk analysis tools. Under this contract, BigBear.ai’s Virtual Anticipation Network (VANE) will be enhanced to assess and analyze foreign media content, focusing on nations identified as potential foreign adversaries.

The contract, secured through the DoD’s Chief Digital and Artificial Intelligence Office (CDAO), is part of a broader push to integrate AI-powered security solutions into national defense strategies. By utilizing custom AI models, BigBear.ai aims to provide intelligence officials with faster, more informed insights into emerging geopolitical threats.

Ryan Legge, President of National Security at BigBear.ai, stated that the award underscores the critical role of AI in national security intelligence. He emphasized that AI-powered security solutions could significantly enhance the ability of U.S. defense agencies to anticipate and counter emerging threats.

VANE, initially developed in collaboration with the Irregular Warfare Technical Support Directorate (IWTSD), has been granted “awardable” status on the CDAO Tradewinds Solutions Marketplace. This recognition marks a significant step in its transition from a research project to an operational system. The next phase involves deploying VANE on the DoD’s Advana platform, allowing Combatant Commands to utilize its insights for geopolitical risk analysis.

See also  India’s 5G revolution: Bharti Airtel and Ericsson join forces for the future

BigBear.ai Secures U.S. Navy Contract for AI-Powered Defense Solutions

In addition to its work in payments and defense intelligence, BigBear.ai has strengthened its presence in military AI contracts. The company has been awarded a prime Indefinite Delivery/Indefinite Quantity (IDIQ) contract under the U.S. Department of the Navy’s SeaPort Next Generation (NxG) program.

is a crucial contracting vehicle that facilitates the procurement of advanced technology and professional services for the U.S. Navy. With this contract, BigBear.ai will provide AI-powered defense solutions, supporting mission-critical areas such as maritime situational awareness, autonomous surface vessels, and AI-driven digital twins for shipbuilding.

BigBear.ai CEO Kevin McAleenan stated that the contract reinforces the company’s role as a key technology provider for U.S. military AI contracts. He highlighted that the partnership with the Navy builds on the company’s existing work in AI-powered security solutions and reflects its long-term commitment to national defense.

The company’s involvement in naval technology development aligns with its broader strategy of expanding AI-powered defense solutions to multiple military branches. The contract positions BigBear.ai as a significant player in military AI contracts, particularly as AI becomes an increasingly critical component of modern warfare strategies.

See also  Sayres Defense secures $280m NAVSEA contract for PMS 300/PMS 325 support services

BigBear.ai’s Expanding AI Footprint Across Industries

BigBear.ai’s recent contract wins highlight its increasing influence across biometric security technology, AI-powered defense solutions, and military AI contracts. From securing facial recognition payments for SoftPointPay to enhancing geopolitical risk analysis for the Department of Defense, the company is proving its versatility in applying AI to critical security challenges.

With AI adoption accelerating in both commercial and military sectors, AI-powered security solutions are becoming an essential part of fraud prevention, defense intelligence, and mission-critical operations. BigBear.ai’s growing portfolio positions it at the forefront of this transformation, with applications ranging from secure payment processing to national security intelligence.

As the company continues to expand its footprint, its AI solutions will likely play a pivotal role in shaping the future of biometric authentication, geopolitical risk analysis, and military AI contracts.


Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.

CATEGORIES
TAGS
Share This