Precise Biometrics releases whitepaper on spoof and liveness detection

Precise Biometrics released a new whitepaper entitled “Spoof and Liveness Detection for the Mobile Biometrics Market”, which offers an introduction to spoof and liveness detection. Among the topics covered in the whitepaper are how a fingerprints spoof is done, current anti-spoofing solutions, and the standardization efforts taken to discover ways to evaluate spoof detection. According to Precise Biometrics, mobile payments is expected to be the next “killer application for biometrics and further accelerating the adoption.” The whitepaper forecasts that the

Biometrics industry stocks this week

As the biometrics industry continues to grow Biometric Update is bringing a new focus to the stories around the stocks in the sector. Check in with this space each week for a rundown of the financial news and interesting ideas from the week that was. -In the months after the American election markets boomed as investors assumed a Republican administration would be good for Wall Street. Many thought he would cut taxes and promote business friendly policies. But now the

Precise Biometrics adds to management team to strengthen strategic business development

Precise Biometrics has appointed Senior Sales Director Fredrik Sjöholm to the management team. Sjöholm is responsible for sales and business development of new product areas. “Fredrik has extensive experience from sales and business development at international software companies and has particularly good knowledge about the Asian market where he also has worked locally,” said Håkan Persson, CEO of Precise Biometrics. “By bringing him in to the management team we strengthen the company’s strategic business development.” Fredrik has several years experience

Precise Biometrics sees increased sales in Q2 2017 totaling $2.5M

Precise Biometrics has issued its financial results for Q2 2017 in which the company’s net sales for the remaining operation totaled SEK 20.2 million (US$2.5 million) compared to SEK 18.9 (US$2.3 million) a year ago. The company’s operating profit for the remaining operation totaled SEK 0.5 (US$60,000) compared to SEK 5.3 million (US$0.7 million). Meanwhile, the company’s net sales for the remaining operation during the interim period totaled SEK 36.8 (US$4.5 million) compared to SEK 39.6 million (US$4.9 million). The operating profit/loss

New R&D director appointed at Precise Biometrics

Precise Biometrics announced today that Fredrik Clementson has been appointed its new R&D Director and member of the management team. Clementson holds a Master of Science in Engineering and has worked with the company for ten years as a developer, project manager and in sales. He takes over September 1 from Rutger Petersson who is leaving the company for a new assignment as Analytics & Insight Manager at Verisure Innovation AB. “Fredrik has been working for a long time within

O-FILM licenses Precise Biometrics’ algorithm solution for fingerprint recognition

Precise Biometrics has entered into a commercial software license and distribution agreement with Chinese module house O-FILM for the licensing of Precise Biometrics’ algorithm solution for fingerprint recognition in mobile devices, Precise BioMatch Mobile. The patented hybrid algorithm solution is optimized for small fingerprint sensors and platforms with limited processing power and memory. The agreement generates royalty revenues based on O-Film’s sales of fingerprint identification modules with Precise BioMatch Mobile for one of their sensor partners. “We are pleased that

IDENTOS acquires Precise Biometrics smartcard unit: Q&A with CEO Mike Cook

Last month, IDENTOS completed its acquisition of Precise Biometrics’ mobile smartcard solutions business, which includes the business operation involving smartcard readers under the Tactivo brand. The acquisition aligns with Precise Biometrics’ strategy to further increase its focus on its fingerprint technology business and free up resources for the development and sales of fingerprint technology. Precise Biometrics said the mobile smartcard solutions business will be reported separately as a divested business operation, with net sales of SEK 13.9 million (US$1.6 million)

Precise Biometrics’ algorithm solution integrated in Qualcomm ultrasonic fingerprint sensors

Precise BioMatch Mobile, an algorithm solution for secure fingerprint recognition in smartphones and tablets, has been integrated in Qualcomm Fingerprint Sensors, the company’s next-generation ultrasonic fingerprint solutions, introduced last week at the Mobile World Congress Shanghai 2017. The new line of fingerprint solutions includes new and improved features not included in the previous generation of Qualcomm Snapdragon Sense ID fingerprint technology, including sensors for display, glass and metal, detection of directional gestures, underwater fingerprint match and device wake-up. It also

FPC and Precise Biometrics fingerprint technology featured in the AGM X1

AGM Mobile launched its AGM X1 mobile device featuring fingerprint technology from Precise Biometrics and Fingerprint Cards. The waterproof fingerprint scanner on the AGM X1 uses the FPC1155 sensor from Fingerprint Cards and Precise Biometrics’ algorithm solution for fingerprint recognition in mobile devices, Precise BioMatch Mobile. Earlier this month, Hong Kong’s MeReal Biometrics introduced its V2 smartcard featuring Fingerprint Cards’ low power consumption FPC1320 sensor and Precise Biometrics’ algorithm solution for fingerprint recognition in smart cards, Precise BioMatch Embedded.

Precise Biometrics releases spoof and liveness detection solutions

Precise Biometrics has released a new security suite that includes fingerprint matching software with spoof and liveness detection, as well as standalone anti-spoof products and services. The new suite comes amid the growing demand for secure and trustworthy mobile payments. The new solutions and services for efficient spoof and liveness detection are designed to protect fingerprint sensors which are vulnerable to spoofing via fake fingers. The security suite’s main feature is the integration of spoof and liveness detection capability into