Tag Archives: Precise Biometrics

Precise BioMatch Embedded deployed in biometric payment card market trial in the USA

By | January 15, 2018

Precise Biometrics’ algorithm solution for fingerprint recognition in smart cards, Precise BioMatch Embedded, has through the cooperation with Fingerprint Cards been deployed in the first market trial of dual-interface biometric payment cards in the USA, which is carried out by Visa and Mountain America Credit Union. The payment card, which can be used for contact and contactless payments… Read More »

New CEO for Precise Biometrics appointed

By | January 15, 2018

The Board of Directors in Precise Biometrics has today appointed Stefan K Persson to new CEO. Stefan K Persson is today Executive Vice President BO Home within the Bang Olufsen Group. Stefan will assume his new position at the latest on August 1, 2018 and until then will Göran Thuresson, CFO, be acting CEO and Torgny Hellström Executive… Read More »

Precise Biometrics – Reduced Sales Due To Fewer Customer Projects

By | November 14, 2017

Sales dropped during the third quarter due to the company’s having won fewer customer projects because of tough competition in the market for capacitive sensors. The lower level of sales resulted in an operating loss. The technology shift from capacitive sensors to new sensor technologies is opening up new opportunities. Precise Biometrics is involved in several projects involving… Read More »

Precise Biometrics revises full-year 2017 revenue and operating results guidance

By | October 26, 2017

Due to the strong competitive situation for Precise Biometrics´ customers, sales have not increased in line with the company´s previous projections. Therefore, Precise Biometrics revises its revenue guidance for the full-year 2017 from previous guidance of around SEK 83 million to revenues in the range of SEK 60-70 million. Due to the weaker sales development, the company will… Read More »

Precise Biometrics announces new powerful solution for biometric payment cards

By | October 20, 2017

In the run up to Money 20/20 in Las Vegas, Precise Biometrics announces a powerful and efficient upgrade of its market-leading fingerprint solution for smart cards that will lower total product costs, supporting the growth of biometric payment cards. The upgrade of Precise Biometrics’ industry-leading fingerprint solution, Precise BioMatch ™ Embedded , supports even smaller fingerprint sensors with an area down to… Read More »

Precise Biometrics divests its Mobile Smart Card Solutions business area to IDENTOS

By | June 21, 2017

Precise Biometrics has concluded an agreement with German IDENTOS GmbH on the takeover of the Mobile Smart Card Solutions business area, which includes the business operation involving smart card readers under the Tactivo™ brand. This entails Precise Biometrics further increasing its focus on the Fingerprint Technology business area and freeing up resources for the development and sales of… Read More »