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…
“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…
“We are very pleased of being able to recruit Ulrik as new CFO for Precise Biometrics. With his long experience and broad knowledge, Ulrik is the right person to contribute to the company’s continued development.” Stefan K. Persson, CEO, Precise Biometrics. Precise Biometrics has a new Chief Financial Officer. A graduate of the University of…
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…
“Commenting on the results, Precise Biometrics chairman Torgny Hellström highlighted the rise of optical and under-glass fingerprint sensors in mobile devices, noting that Precise Biometrics’ algorithm software had been used in the recently launched Huawei Honor 10, a market success.” Precise Biometrics has issued its results for the second quarter and the first half of…
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…