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Ipsidy secures new customers, new partnerships in its 3Q, expects next year to be 'robust'

Ipsidy Inc (OTCQB:IDTY) CEO Phillip Kumnick tells Proactive the tech group saw "continued progress" in the third quarter and was "successful in securing new customers in the financial services sector."

Kumnick says top-line revenue compared to the same period as last year saw a decline because of the impact of the coronavirus pandemic. However, Kumnick says its shift to partner sales has filled up its pipeline and expects a 'robust year' next year.

Quick facts: Ipsidy Inc.

Price: 0.15025 USD

OTCQB:IDTY
Market: OTCQB
Market Cap: $82.86 m
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Ipsidy Inc (OTCQB:IDTY) CEO Phil Kumnick tells Proactive the technology group has joined the Fast Identity Online (FIDO) Alliance, a coalition formed to address the problems users face in creating and remembering usernames and passwords with biometric other authentication solutions. Kumnick says...

on 09/29/2020

2 min read