Precise Biometrics

INTERVIEW: Stefan K. Persson, CEO, Precise Biometrics

INTERVIEW: Stefan K. Persson, CEO, Precise Biometrics

Precise Biometrics has established itself as a world leader in supplying fingerprint algorithm software. The company has also proven adept at maneuvering to navigate the market changes that have ensued, from the dramatic rise of smartphone-based fingerprint sensors to that market’s saturation to the expansion to multimodal capabilities. Precise Biometrics also has a relatively new…

OPPO Previews Large-Area In-Display Fingerprint Scanning System

OPPO Previews Large-Area In-Display Fingerprint Scanning System

“…the system can scan two fingerprints at once, allowing for potentially even greater security for end users.” Having become one of last year’s pioneers in the new area of in-display fingerprint scanning, OPPO is promising an even more sophisticated version of this technology in at least one smartphone destined for launch this year. At a…

Precise Biometrics Chairman Purchases 150,000 Shares

Precise Biometrics Chairman Purchases 150,000 Shares

“Hellström’s stock purchase also comes in the wake of CFO Ulrik Nilsson’s purchase of 200,000 shares last month.” Precise Biometrics has just received a loud vote of confidence from its Chairman of the Board, Torgny Hellström. The company has announced that Hellström has purchased 150,000 shares in Precise Biometrics. The move comes at a time of significant change…

Precise Biometrics Focuses on Future with Realigned Business Strategy

Precise Biometrics Focuses on Future with Realigned Business Strategy

Precise Biometrics is focusing on the future with a realigned business strategy in its latest quarterly update. The company has reported net sales of SEK 16.8 million in its Q3 report, a significant increase against its net sales in Q3 of 2017, which came in at a little under SEK 10.1 million. It also reported…

Precise Biometrics Opening New Office in Shanghai

Precise Biometrics Opening New Office in Shanghai

“In order to achieve our objective to remain a leading provider of biometric solutions, we have identified the need to strengthen our local presence in the Asian market, where we see a growing demand.” – Stefan K. Persson, CEO, Precise Biometrics Precise Biometrics is planning some major changes to its corporate structure, announcing its intention to…

Precise Biometrics Shifts Focus to Multi-Modal Authentication

Precise Biometrics Shifts Focus to Multi-Modal Authentication

“Biometric systems with fingerprints, face, voice, behaviour and iris enables a digital identity that makes it more convenient and secure in the daily life.” Stefan K. Persson, CEO, Precise Biometrics Precise Biometrics is moving beyond fingerprint recognition, announcing that it has embraced a new business strategy focused on multi-modal biometric authentication solutions. In a statement…

New OPPO Smartphone’s In-Display Sensor Supported by Precise Biometrics Software

New OPPO Smartphone’s In-Display Sensor Supported by Precise Biometrics Software

Precise Biometrics‘ algorithm software is being used to support in-display fingerprint scanning in the new OPPO R17 smartphone, the company has announced. It’s the result of Precise Biometrics’ partnership with fingerprint sensor provider Silead, and a validation of statements made in a corporate update about a year ago. At that time, Precise Biometrics’ then-CEO, Håkan…

Honor 10 Smartphone with Ultrasonic Fingerprint Sensor Comes to Indonesia

Honor 10 Smartphone with Ultrasonic Fingerprint Sensor Comes to Indonesia

Huawei’s Honor 10 smartphone has made it to Indonesia. At a launch event this week, Huawei subsidiary Honor Indonesia placed a strong emphasis on the device’s artificial intelligence technology, officially announcing the device with the tagline “Beauty in AI”. Its sophisticated AI has been applied mainly in the area of imaging, with its 24MP and…

Precise Biometrics’ Chief Financial Officer is Stepping Down

Precise Biometrics’ Chief Financial Officer is Stepping Down

“…the decision will not take effect immediately, with Thuresson agreeing to remain in his role until a new CFO has been found.” Precise Biometrics‘ Chief Financial Officer is stepping down, the company has announced. In a brief statement, the company said that Göran Thuresson has made the decision “to leave Precise Biometrics and return to a role…

Precise Biometrics and NXP Semiconductors Team Up on Contactless Biometric Payment Cards

Precise Biometrics and NXP Semiconductors Team Up on Contactless Biometric Payment Cards

Precise Biometrics and NXP Semiconductors are teaming up on contactless biometric payment cards. The collaboration’s announcement comes just about a week after Precise Biometrics unveiled Precise BioMatch Card, an adaptation of its Precise BioMatch Embedded fingerprint algorithm solution that is tailored for smart card and payment card integrations. Precise BioMatch Card will be integrated into…

Money20/20 Europe: 12 Interviews with Biometric FinTech Experts

Money20/20 Europe: 12 Interviews with Biometric FinTech Experts

Mobile ID World and FindBiometrics were in Amsterdam this week reporting live from Money20/20 Europe, where biometrics were an integral part of the conversation. From the main stage to the exhibition floor, biometrics are the buzz this year, with day-one keynotes from Biocryptology and Mastercard framing identity and authentication as crucial components to the FinTech…

Tactivo Approved for Swedish Healthcare Prescription System

Tactivo Approved for Swedish Healthcare Prescription System

Precise Biometrics’ Tactivo readers have been approved for use with Pascal, a medical prescription tool used in Sweden’s healthcare system. Swedish healthcare professionals will now be able to use their SITHS-cards to log in to the system through their iPhones and iPads. The company’s Tactivo readers are essentially casings for iPhones and iPads that can…

Precise Biometrics Announces CFO’s Departure

Precise Biometrics Announces CFO’s Departure

Precise Biometrics has announced that it’s CFO is leaving the company. Bo-Göran Jaxelius has also been a member of the company’s management team in a more general sense, but unfortunately cited family reasons have compelled him to resign from his post. In a statement, Precise Biometrics CEO Håkan Persson said Jaxelius “has done a great job” in…

Precise Biometrics Receives Frost & Sullivan Award for Software

Precise Biometrics Receives Frost & Sullivan Award for Software

Fingerprint biometrics developer Precise Biometrics has received a prestigious award for its technology. Growth consultancy firm Frost & Sullivan has awarded the company its 2015 Global Frost & Sullivan Award for Customer Value Leadership, for its Precise BioMatch Mobile software. The software is essentially an algorithm, which the company has been licensing to partners in…