Daon, Inc.

  • IdentityX
  • VeriFLY[2]
  • DaonEngine
Websitewww.daon.com

Daon (pronounced day-on) is a biometrics and identity assurance software company founded in 2000 by Irish entrepreneur Dermot Desmond. According to the company, the word Daon stems from an "Old Irish word for human".[1] Daon has its US headquarters in Fairfax, Virginia. It also has operations in the International Financial Services Center (IFSC) in Dublin, Ireland.[3] The company has regional and sales offices in Serbia and Australia.[citation needed]

History

Founded in 2000,[4] the company was originally based in Dublin, Ireland.[5][6]

As of 2006, the company's board included former United States Secretary of Homeland Security, Tom Ridge.[7] In 2006, Daon and the American Association of Airport Executives (AAAE) entered into a joint venture to create the Security Biometric Clearing Network (SBCN) to provide services for biometric identity management, including enrollment, background checking, secure biometric and biographic information storage, and card issuance.[8]

In August 2008, Daon acquired software assets and associated staff for physical security interconnectivity from Enterprise Air, a New York-based provider of solutions for the physical security market.[9]

As of 2015, its customers included Atom Bank in the UK.[10] In 2017, Daon launched the IdentityX for use by Visa, Mastercard, USAA, and BNP Paribas for security in digital banking.[11] In July 2019, Daon announced the update of its IdentityX Digital Onboarding 2.0.[12]

In response to the COVID-19 pandemic, and need to verify vaccination information prior to travel, Daon launched the VeriFLY app. In 2022, the app was used by Carnival Cruise Lines and American Airlines to digitally process passenger health information and complete the vaccination verification process.[13][14]

Daon, which is reported to be majority owned by a company in the Cayman Islands,[15] declared after-tax profits of approximately €220,000 in 2023.[16]

Products

Daon's products include IdentityX (a biometric mobile authentication platform), DaonEngine, DaonEnroll, DaonAnalytics, and Credential Connect.[citation needed] Daon serves multiple markets including mobile authentication, border management, civil ID, traveler ID, employee credentialing, and access control.[citation needed] Their software is used at various airports and international borders[17][non-primary source needed] and supports U.S. Registered Traveler airports.[18][non-primary source needed]

The company's IdentityX product platform was designed to authenticate users on a mobile device using biometrics instead of a password. IdentityX uses several methods, including facial recognition, voice recognition and fingerprint, to prove a user is who they claim to be. In 2015, IdentityX was one of the first products to be certified by the FIDO Alliance.[19][dead link] Also in 2015, Daon's IdentityX won NACUSO's Next Big Idea competition[20][dead link] as well as a "Best in Show" award from the CUNA Technology Council.[21]

References

  1. ^ a b "What is Daon?". daon.com. Retrieved 13 September 2024.
  2. ^ "Desmond's Daon rolling out Covid app". Irish Independent. 25 April 2021. Retrieved 13 September 2024.
  3. ^ "Dermot Desmond's Daon to supply kiosks at Dublin Airport". Irish Times. 3 November 2015. Retrieved 13 September 2024.
  4. ^ "Bush aide joins board of Irish biometric firm". Irish Independent. 29 April 2006. Retrieved 13 September 2024. the Irish company [..] was founded in 2000
  5. ^ "Desmond's Daon gets US army contract". Irish Independent. 20 March 2011. Retrieved 13 September 2024. The company, which is headquartered in Dublin, is one of the world leaders in biometric scanning technology
  6. ^ "Daon to take on Japanese market". Irish Examiner. 19 November 2004. Retrieved 13 September 2024. Dublin-based Daon [...]
  7. ^ "Trade Group Confirms Deal With Tiny Firm for ID Cards". New York Times. 28 April 2006. Retrieved 13 September 2024.
  8. ^ "Traveler Biometrics Is Here -". Security Today. November 12, 2007. Retrieved 2024-04-07.
  9. ^ "Daon Acquires Physical Security Interconnect (PSI) Offering from Enterprise Air". Daon Press Release (Press release). 2008-08-21. Archived from the original on 2013-12-19. Retrieved 2008-10-08.
  10. ^ "Atomic banking deal for Daon". Irish Times. 18 December 2015. Retrieved 13 September 2024.
  11. ^ Chifuri, Hiromitsu (2018-10-19). "Ireland and Japan collaborate on biometric innovation". The Japan Times. Retrieved 2024-04-07.
  12. ^ "Daon Launches Next-Generation Digital Onboarding". www.businesswire.com (Press release). 2019-07-23. Retrieved 2020-02-06.
  13. ^ "American Airlines trials Verifly Covid-19 travel requirements app". Business Traveller. Retrieved 2024-04-07.
  14. ^ Gaffey, Mike (2022-03-08). "Carnival to use health app to speed up embarkations". Viera Voice. Retrieved 2024-04-07.
  15. ^ "Dermot Desmond's Daon will know all about us, yet we know nothing of it". Irish Times. 27 October 2017. Retrieved 13 September 2024.
  16. ^ "Dermot Desmond biometrics company Daon sees profits dip". Irish Times. 11 November 2023. Retrieved 13 September 2024.
  17. ^ "Daon". www.accenture.com. Archived from the original on 2006-02-12.
  18. ^ "Interview with Tom Grissen, CEO, Daon Inc. | findBIOMETRICS". findbiometrics.com. Archived from the original on 2013-12-19.
  19. ^ "FIDO Certified". FIDO Alliance.
  20. ^ "IdentityX Wins NACUSO's Next Big Idea Competition - NACUSO".
  21. ^ "CUNA: CUNA Technology Council Announces Daon as 2015 Best in Show Award winner" (Press release). Archived from the original on 2015-09-23. Retrieved 2015-07-20.
  • Company website