FB pixel

Precise Biometrics CEO credits Asia strategy for new customer win


A fingerprint sensor supplier from Asia has signed a licensing agreement to include Precise Biometrics‘ fingerprint software, Precise BioMatch Mobile, in its under-display sensor solutions for mobile devices.

According to the announcement the agreement will generate royalty revenue based on actual sales of fingerprint sensors which includes the biometric software however the royalty revenue is volume dependent and cannot be forecasted. The agreement also includes a fee for support and maintenance and the right to integrate and use Precise BioMatch Mobile beginning the second half of 2019.

“We are pleased to announce this collaboration as it further strengthens our position as a leading technology provider of fingerprint software,” says Precise Biometrics CEO Stefan K. Persson. “This also confirms that our new strategy, to offer customer service, support and product development in Asia in order to strengthen our presence in local key markets, has borne fruit.”

Precise announced it would be opening an office in Shanghai last November as part of the company reorganization plan which it completed last month.

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