Tag Archives: Precise Biometrics

Precise Biometrics plans to re-organize operations to improve customer service and enable growth in new areas of use

By | November 5, 2018

Precise Biometrics plans to re-structure the organization to enable improved customer service and increased focus on solutions that unite various biometric modalities. As part of this planned re-organization, the company will establish a new office in Shanghai during the first half of 2019 and intends to centralize operations in Sweden to the headquarter in Lund, closing the office… Read More »

Precise Biometrics presents its revised strategy

By | October 12, 2018

Updated strategy in conjunction with today’s Capital Market’s lunch. Stefan K Persson will today on 12 October 2018 present Precise Biometrics’ revised strategy on a Capital Market’s lunch.  As the use of smart devices such as cellphones, vehicles, consumer electronics, watches and other accessories has increased the demand for convenient and secure biometric technology grows. To be able… Read More »

Precise Biometrics appoints new CFO

By | September 27, 2018

Precise Biometrics has recruited Ulrik Nilsson as new CFO and member of the management team. Ulrik will commence his position today, September 27, 2018.  “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… Read More »

Göran Thuresson will leave Precise Biometrics when successor assumes the role as CFO

By | June 19, 2018

Göran Thuresson has decided to leave Precise Biometrics and return to a role as interim consultant. The recruitment of his successor has been initiated. Göran remains as CFO until a successor has assumed the role. “Göran has in the best of ways contributed to the development of Precise Biometrics. I would have preferred for Göran to stay in… Read More »

Precise Biometrics Collaborates with NXP on Contactless Biometric Smart Cards

By | June 7, 2018

Precise Biometrics, a leader in fingerprint software and NXP® Semiconductors collaborate to integrate Precise BioMatch® Card in NXP’s contactless biometric smart cards. The cooperation is expected to generate revenues to Precise Biometrics starting Q2 2018. Precise Biometrics fingerprint authentication software for smart cards is integrated in NXP’s contactless fingerprint-on-card solution, which gives payment network operators and banks a… Read More »

Precise Biometrics introduces Precise BioMatch Card

By | May 30, 2018

Precise BioMatch® Card is a powerful algorithm solution for fingerprint recognition in smart cards, providing convenient and secure identity authentication. The solution offers industry leading biometric performance and is optimized for matching fingerprints in constrained computing environments such as Secure Elements. The solution was previously included in Precise BioMatch Embedded, but is now introduced as a stand-alone solution targeted… Read More »

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 »