This week saw one of the industry’s most important events in Money20/20 Europe, with biometrics and other authentication technologies playing an ever-growing role in the world of financial services. And it seems that a lot of people didn’t have time to do much reading: The most popular posts on FindBiometrics this week were all interviews.…
![[PODCAST] Precise Biometrics and NXP on the Future of Biometric Payment Cards at Money20/20 Europe](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/m2020eu19-Precise-and-NXP-620x350.png)
The latest episode of The FindBiometrics & Mobile ID World Podcast – which dives deep into the topic of biometric payment cards – comes to you live from Money20/20 Europe in Amsterdam. As financial services and payments continue to influence the evolution and public perception of biometrics, one area of innovation has emerged as particularly…
“The plan is to leverage this solution with YOUNiQ, an authentication solution that Precise Biometrics says will support multiple biometric modalities including fingerprint recognition, facial recognition, and behavioral biometrics, as well as geodata.” Precise Biometrics has entered into a partnership with another Swedish-based firm, Covr Security, aimed at enhancing its forthcoming YOUNiQ solution. Covr Security…
The mobile sector has been an increasingly prominent one in the larger biometrics market since the Apple’s game-changing launch of Touch ID back in 2013, and with new innovations like Face ID and in-display fingerprint scanning, it shows no signs of slowing down. So it’s no wonder that FindBiometrics’ roundup of this week’s top biometrics…
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…
eWBM recently made headlines when the company’s Goldengate 500 Security Key became the first USB device to achieve FIDO2 Level 2 Authenticator Security Certification. Now Precise Biometrics has given us a look beneath the surface, announcing that eWBM licensed the Precise BioMatch Embedded fingerprint algorithm for the Goldengate 500. According to Precise, the deal will…
Precise Biometrics has set a date and revealed the agenda for its Annual General Meeting, and it looks like the company is eager to get some incentives in place for its top leadership. Among the proposals for Precise Biometrics’ shareholders to vote on is a reverse share split, in which ten existing shares would be…
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 2019: CEO Stefan K. Persson Discusses Precise Biometrics’ Expansion Efforts [Audio]](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/MWC19-Precise-2-card-e1551213340190-620x350.png)
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 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’ 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…
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…
Precise Biometrics board member Mats Lindoff has purchased 75,000 shares in his firm, the company has announced. It’s the latest in what has become a string of share purchases among senior Precise Biometrics managers. Last November, the company’s Chief Financial Officer, Ulrik Nilsson, bought 200,000 shares, and this was followed by the purchase of 150,000…
“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…
Biometric software from Precise Biometrics is being used in a new door lock from Xiaomi. Called the Xiaomi Mijia Smart Door Lock, the device features Precise BioMatch Embedded fingerprint algorithm software. In a brief statement announcing the integration, Precise Biometrics noted that it “is not expected to have any substantial financial impact” in its business…
One of the industry’s leading analyst groups has organized a major new event: Goode Intelligence has announced that the inaugural Biometric Summit New York will take place early next year, on Thursday, April 4th. Some big names are already on board. Sponsors of the event include fingerprint biometrics specialists Zwipe and Precise Biometrics, as well…
“…Nilsson’s share purchase has been announced immediately on the heels of the company’s Q3 update, the first to feature commentary from its new CEO.” Precise Biometrics‘ Chief Financial Officer, Ulrik Nilsson, has bought 200.000 shares in the company. In announcing the share purchase, Precise Biometrics offered no explanation or commentary, noting only that it “is information…
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…
“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…