Innovatrics provides facial recognition for Precise Biometrics’ YOUNiQ
Innovatrics proprietary technology will become a cornerstone of Precise YOUNiQ, according to the announcement, to provide access control with passive face recognition, complimenting its existing fingerprint capabilities. It is not immediately clear if this is an upgrade on the facial recognition feature announced in August by Precise, or rather fills in the details behind that announcement.
Under the terms of the agreement, Innovatrics is entitled to a per user per year user fee.
“We are pleased that we have entered into a collaboration agreement with Innovatrics, leading the way in the industry by system development of multimodality biometrics. I’m confident that the collaboration will boost both companies’ innovation capacity and that we will be able to leverage from each other’s network, hence, strengthening our position in Europe,” says Precise CEO Stefan K. Persson.
Persson also calls Innovatrics “a front runner” in facial biometrics.
YOUNiQ was announced at the beginning of this year as part of Precise’ new strategy to build multi-modal solutions and move closer to end-users. The company also recently formed a partnership with Infinity Optics to further than strategy.
“Coupled with Innovatrics’ proven track record of more than 15 years of continuous innovation, Precise can fulfill its objective of providing smart digital identity solutions that offer simpler and better alternatives to our daily activities,” comments Innovatrics CEO and Founder Jan Lunter. “Working with Precise, we’ve found a partner equally invested in developing trustworthy solutions that positively impact people’s lives from entering premises to making businesses more efficient.”
Innovatrics has been on something of a partnership tear of late, announcing deals in November with both Finax to support facial recognition onboarding, and fingerprint sensor maker MoriX to provide a Small Area Matcher algorithm.