Precise Biometrics

Precise Biometrics CEO Highlights Three-pronged Progress in Q2 Update

Precise Biometrics CEO Highlights Three-pronged Progress in Q2 Update

“As previously communicated, we are expecting modest initial volumes of biometric smart cards to be delivered at the end of 2019, followed by larger volumes in 2020.” – Stefan K. Persson, CEO, Precise Biometrics Precise Biometrics has issued its latest quarterly results, depicting a dip in revenues but continuing progress in the company’s three key…

Egis Integrated Precise Biometrics Software Into In-display Solution

Egis Integrated Precise Biometrics Software Into In-display Solution

“The integration is poised to capitalize on an important trend in the mobile biometrics market, with a growing number of smartphone brands looking to in-display fingerprint scanning as the next evolution in smartphone fingerprint authentication.” Two months after announcing that it had established a licensing agreement with “a leading fingerprint sensor supplier from Asia,” Precise…

NXP, Partners Celebrate CAST Certification for Biometric Cards Module

NXP, Partners Celebrate CAST Certification for Biometric Cards Module

NXP has become the first player in the emerging biometric payment cards market to reach an important milestone, announcing that its Secure Processing Module for fingerprint-on-card technology has become the first such solution to attain certification through Mastercard’s Compliance Assessment and Security Testing, or CAST, program. A Secure and Efficient Solution NXP says its module…

Biometric Onboarding Can Prevent Abandoned Applicants, Says Precise

Biometric Onboarding Can Prevent Abandoned Applicants, Says Precise

“The [YOUNiQ] platform uses document verification to match a selfie against an official ID, first confirming that the document is legitimate before verifying that the person submitting the selfie is indeed the person pictured on the ID.” Precise Biometrics is highlighting some of the benefits of selfie authentication and the new Precise YOUNiQ onboarding solution.…

Mobile ID Top Stories: Digital Access, Fingerprints, and ID4Africa

Mobile ID Top Stories: Digital Access, Fingerprints, and ID4Africa

This week’s roundup of Mobile ID World’s top stories offers another diverse lineup, but a couple of key themes can be discerned. One is digital access. Readers were interested in the news that Yoti had teamed up with age verification specialist AgeID to regulate access to ‘adult websites’ in the UK, and were also keen…

This Week’s Top Stories: The Art of the Deal

This Week’s Top Stories: The Art of the Deal

This week’s roundup of Mobile ID World’s top stories is about as varied as they come, with stories spanning smart car tech, online gambling, biometric payment cards, and more. But if there’s any theme to discern in this lineup, it may perhaps be dealmaking. Three of this week’s top stories involved companies teaming together on…

New Agreement Validates Precise Biometrics’ Strategies in Changing Mobile Market

New Agreement Validates Precise Biometrics’ Strategies in Changing Mobile Market

“This also confirms that our new strategy, to offer customer service, support and product development in Asia in order to strengthen our presence in local key markets, has borne fruit.” – Stefan K. Person, CEO, Precise Biometrics Precise Biometrics has established a new licensing agreement with “a leading fingerprint sensor supplier from Asia,” the company…

Precise Biometrics Fingerprint Software Powers a Smart Door Lock and a New FIDO2 Security Key

Precise Biometrics Fingerprint Software Powers a Smart Door Lock and a New FIDO2 Security Key

Precise Biometrics is continuing to find new applications for its fingerprint algorithm software. The company recently announced that the Precise BioMatch Embedded algorithm is beneath the hood of eWBM’s FIDO2-certified USB key, and has now revealed that the same algorithm can also be found in a new USB authenticator from Octatco and a smart door…

Precise Biometrics to Maintain Focus on Biometric Cards, Mobile Fingerprint & Multimodal ID

Precise Biometrics to Maintain Focus on Biometric Cards, Mobile Fingerprint & Multimodal ID

Precise Biometrics will focus on biometric payment cards, smartphone fingerprint scanning, and multi-modal digital identity for the foreseeable future, with its new YOUNiQ solution being key to the latter over 2019, suggests its newly-published Annual Report. A glossier, more in-depth publication than Precise Biometrics’ year-end results, which were published in February, the Annual Report offers…

MWC Barcelona: Precise Biometrics CEO Stefan K. Persson on Multimodal Expansion Efforts and Connected Cars [Audio]

MWC Barcelona: Precise Biometrics CEO Stefan K. Persson on Multimodal Expansion Efforts and Connected Cars [Audio]

Precise Biometrics has unquestionably established itself as one of the market leaders in providing fingerprint algorithm software for mobile devices over the last several years, with its Precise BioMatch technology used in a wide range of smartphones and adjacent devices. Regardless, the mobile biometrics market has become saturated in the last couple of years in…

Precise Biometrics Tech to Feature in New Hyundai Car Unlock/Ignition System

Precise Biometrics Tech to Feature in New Hyundai Car Unlock/Ignition System

“Precise Biometrics also indicated that it’s working with Dreamtech, a Korean engineering firm that develops module components for a range of products including cars, mobile phones, and home appliances.” Precise Biometrics is playing an important role in one of the more high-profile examples of biometric innovation in the automotive industry. The company has revealed that…

Precise Biometrics Maintains Focus on Expansion Efforts

Precise Biometrics Maintains Focus on Expansion Efforts

“Precise Biometrics’ shift to multimodal biometrics, announced last autumn, has been dubbed “YOUNiQ” and will combine face, fingerprint, iris, and voice biometrics together with location data for user authentication…” Precise Biometrics is keeping focused on the future in its latest corporate update. Reporting its fiscal results for the fourth quarter of 2018, the biometric algorithm…

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…

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