Precise Biometrics has issued its latest quarterly update, which suggests the company is on solid footing. Net sales for the third quarter of 2019 came in at about SEK 27.5 million, compared to net sales of SEK 16.8 million in Q3 of 2018. And Precise Biometrics is back in black with respect to its operating…
Precise Biometrics is looking to boost the security of its biometric algorithm solutions through a new partnership with Infinity Optics (or “IO”). The latter specializes in cryptography, particularly what is called ‘true biometric hash technology’. This technology is designed to turn a given biometric profile into a scramble of data – or a ‘hash’ –…
Biometrics News – Fingerprint Recognition eWBM has become the latest member of the Microsoft Intelligent Security Association. Together, the two companies will work to encourage other organizations to adopt strong password-free security standards and reduce the threat of phishing and data breaches. To that end, eWBM has added two new USB keys to its flagship…
Sometimes, FindBiometrics’ most popular articles in a given week will go in all kinds of directions in terms of topic and theme, and sometimes a week will be dominated by one modality, sector, or major event. But in this week’s roundup, there’s a bit of a thematic odd couple – mobile biometrics and government biometrics.…
“We are pleased to receive this additional integration which is a recognition of the quality of our leading fingerprint software and that our strategic direction of increasing our presence in Asia is showing results.” – Stefan K. Persson, CEO, Precise Biometrics Precise Biometrics‘ partnership with Egis Technology has brought its fingerprint algorithm software into even…
One year into his tenure as CEO of Precise Biometrics, Stefan K. Persson is pleased with the company’s progress, suggest comments in an interview on the company’s blog. Having taken the helm on August 1st of last year, Persson – a former executive with Danish home electronics makers Bang & Olufsen – came to the…
This week’s collection of top biometrics news stories from FindBiometrics is about as varied as it gets, with topics ranging from WhatsApp security to industry testing to enterprise IoT. But as varied as it is, this week’s roundup isn’t exactly full of surprises; at least a couple of the top stories cover news that would…
“It represents an important step forward for Precise, which has established itself as a leading provider of biometric algorithm software for fingerprint sensors, but is now aiming to expand its reach into new market areas.” Precise Biometrics has announced the first major application of its forthcoming YOUNiQ biometric solution, pivoting into face-based access control. Still…
“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…
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…
It has been another busy week in the varied world of biometrics, with the week’s top stories covering a range of modalities and applications. That having been said, two of FindBiometrics’ most popular articles speak to the persistent popularity of one salient trend in particular – the emergence of the biometric payment cards market: IDEX…
Precise Biometrics is highlighting some of the benefits of selfie authentication and the new Precise YOUNiQ onboarding solution. In an interview on the company’s blog, Precise YOUNiQ Senior Business Developer Ermin Kosovac explains that biometric authentication is more convenient and more secure than current alternatives like passwords. Those advantages will be familiar to anyone in…
It’s another varied assortment of topics and themes in this week’s roundup of FindBiometrics’ top stories. And it begins with a bit of international flavor, with FindBiometrics President Peter O’Neill having reported live from one of the year’s biggest trade shows in Africa, and a major fingerprint biometrics specialist checking in on its new office…
Precise Biometrics is reaffirming the growth of the in-display fingerprint sensor trend in a new update on its recent office opening in Shanghai. The update comes in the format of a Q&A with the company’s Customer Program Manager, Matthew Bai, posted on Precise Biometrics’ blog. Bai has been leading the organization of Precise Biometrics’ Shanghai…
“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…
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.…
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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…