FB pixel

Precise Biometrics publishes 2017 annual report


Precise Biometrics has published its annual report for 2017.

The 104-page document summarizes the market performance and key highlights of the last year for Precise Biometrics, and describes its position and strategy going forward. It includes a section on how “Payments & Financial Services are Driving the Biometrics Market,” and identifies a growth strategy based on capacitive sensors for smartphones, and to a lesser extent, in-display sensors for high-end smartphones, smart cards, and new applications.

The report also notes significant developments for the company since the year-end, including that the company has replaced former CEO Håkan Persson with incoming CEO Stefan K Persson, who will assume the position by August 1, and who the company recently announced it will consider adding to its incentive plan at its upcoming AGM.

Precise Biometrics reported net sales of SEK 61 million ($7.6 million) for the full year, a steep decline from a year earlier.

Article Topics

 |   |   | 

Latest Biometrics News


The UK’s election may spell out the future of its national ID cards

Identity cards are back among the UK’s top controversial topics – thanks to the upcoming elections and its focus on…


Challenges in face biometrics addressed with new tech and research amid high stakes

Big biometrics contracts and deals were the theme of several of the stories on that drew the most interest from…


Online age verification debates continue in Canada, EU, India

Introducing age verification to protect children online remains a hot topic across the globe: Canada is debating the Online Harms…


Login.gov adds selfie biometrics for May pilot

America’s single-sign on system for government benefits and services, Login.gov, is getting a face biometrics option for enhanced identity verification…


BIPA one step closer to seeing its first major change since 2008 inception

On Thursday, a bipartisan majority in the Illinois Senate approved the first major change to Illinois Biometric Information Privacy Act…


Identity verification industry mulls solutions to flood of synthetic IDs

The advent of AI-powered generators such as OnlyFake, which creates realistic-looking photos of fake IDs for only US$15, has stirred…


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Read From This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events