Year in Review: Håkan Persson, CEO, Precise Biometrics Comments on the Exciting Year to Come

As part of the FindBiometrics Year in Review 2017 we approached industry executives and thought leaders to get their comments on the past 12 months in the biometrics industry, and what’s in store for 2018.

Precise BiometricsYear in Review: Håkan Persson, CEO, Precise Biometrics on the Exciting Year to Come is a major name in fingerprint biometrics thanks to its prolific Precise BioMatch algorithm software solutions. Thanks to strategic partnerships with leading sensor manufacturers, Precise’s software is powering the biometric capabilities on smartphones around the globe, and is also an integral component to many upcoming fingerprint smart card solutions. In early 2017 the company completed the acquisition of NexID, positioning it to meet the increasing demand for liveness detection in biometrics applications.

For the FindBiometrics Year in Review, we asked Precise Biometrics CEO Håkan Persson to comment on the coming year.

What excites you most about the year to come in biometrics?

Håkan Persson, CEO, Precise Biometrics: First of all, I’m really excited about the general development that we are seeing in biometrics. In 2017, biometrics continued to grow rapidly, in particular mobile biometrics; introducing the technology into people’s daily lives and as such creating a demand for biometrics in more use cases.

Looking ahead, there is plenty to be excited about. The development of in-display sensors got a great deal of attention this year when Qualcomm showcased their ultrasound sensors at the Mobile World Congress in Shanghai. The advent of a more user-friendly generation of smartphones with slick edge-to-edge displays are driving the need for in-display fingerprint sensors that can read a fingerprint through glass, metal or OLED displays. The market is still in its early phase, but I’m certain that we’ll see some prominent product launches and innovations in this area in the coming year.

Another area in biometrics that I’m particularly excited about is biometric cards. In 2017 we’ve seen the development of biometric payment cards make great strides. Several successful pilot projects have led to increased interest from banks and other financial service providers to bring payment cards to consumers. I believe that this positive development will continue and that we are likely to see the first the commercial payment cards on the market next year.

Finally, the development of multi-modal biometrics will continue. The launch of Apple’s iPhone X, Samsung Galaxy S8 and other Android smartphones, marked the introduction of new modalities such as facial and iris recognition in mobile biometrics. This opens for the possibility to integrate complementing modalities to fingerprint technology in smart mobile units, offering the opportunity to use multifactor authentication solely based on biometrics to access different services, especially banking and payment services. Regulators’ requirements for stronger identity proofing of mobile payments and transactions, as a measure to reduce fraud and identity theft, will support this development.

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Stay posted to FindBiometrics in the coming weeks to see more year-end reflections and predictions from the biggest names in biometrics.

The 15th Annual FindBiometrics Year in Review is brought to you by Leidos.