Pangiam acquires veriScan, a biometric facial recognition system for airports and airlines
ALEXANDRIA, Va., - Pangiam, a technology-based security and travel services provider, announced that it has acquired veriScan, an integrated biometric facial recognition system for airports and airlines, from the Metropolitan Washington Airports Authority. Terms of the transaction were not disclosed.
veriScan’s traveler verification solution, used by more than 40 airlines, is an integrated biometric facial recognition system that delivers a fast, secure, seamless boarding experience for airports and airlines. veriScan biometrically verifies the identity of travelers, allowing their faces to serve as both their passport and, for many airlines, their boarding pass. Meeting the U.S. Customs and Border Protection compliance requirements for biometric exit, veriScan’s best-in-class technology delivers a cost effective, turnkey cloud application that can be quickly scaled for airports and airlines of any size. Since its debut in 2018, it has processed more than 1.3 million passengers with 99-percent accuracy.
“Pangiam is excited to acquire veriScan, which, through its state-of-the art technology, is truly revolutionizing the safety and ease of air travel today,” said Pangiam CEO Kevin McAleenan. “veriScan’s cost effective, easy to implement cloud application makes it accessible to all airports and airlines, and we expect to see increased adoption of this technology this year as travel resumes globally. Pangiam looks forward to working with our clients to help speed adoption of solutions that deliver premier travel experiences for all.”
“veriScan was envisioned and developed by the Airports Authority’s in-house technology team to meet new federal security screening requirements while improving and streamlining the passenger experience,” said John E. Potter, President and CEO of the Airports Authority.
Airports Authority Senior Vice President and Chief Information Officer Goutam Kundu, whose team developed the veriScan technology, said, “Our team takes great pride in this milestone. We look forward to seeing veriScan continue to shape the future of seamless, secure travel under the direction of Pangiam.”
Kirk Konert, a Partner at AEI, said, “Pangiam set out to reinvent the industry by offering technology that makes travel easier and more efficient, and veriScan is a large step in advancing that goal. We are proud to support Pangiam as it stays vigilant for opportunities to grow its solution offerings as the industry gears up to meet pent-up travel demand.”
