FB pixel

Precise signs new biometric license agreements, goes deeper into Asian markets

Precise signs new biometric license agreements, goes deeper into Asian markets

Precise Biometrics has entered into a 12-month development license agreement with Taiwan-based biometric system provider RECO Biotek, to integrate Precise’s BioMatch sensor algorithm into RECO’s fingerprint systems, according to a company statement.

The agreement enhances security measures for sensors in door lock products for the Taiwanese and Chinese markets. A commercial agreement will follow the development period if the project is successful.

“We eagerly anticipate cooperating with RECO in their endeavors to develop and test the fingerprint sensors for the door lock market, with the goal of achieving commercialization during the year 2024,” says Precise CEO Patrick Höijer in the statement.

Precise has also signed a 12-month evaluation license agreement with Korean fingerprint sensor manufacturer CanvasBio intended to target more complex capacitive sensors in mobile phones. The companies will jointly develop a fingerprint module for mobile phone use.

Höijer says that the deal “is a great step to further broaden our business with CanvasBio, to support their aim for a broad commercial launch of their fingerprint sensors” in another statement.

The companies signed a development partnership in December 2022 to develop a fingerprint module for laptops using the CanvasBio sensor and the BioMatch algorithms from Precise Biometrics.

Earlier this month, Precise announced a number of other deals for its recently acquired EastCoast Visit, seeking to grow in the visitor management market.

Article Topics

 |   |   |   | 

Latest Biometrics News


UNHCR salutes African govts’ pledge to accelerate digital ID action for forcibly displaced

The Office of the United Nations High Commissioner for Refugees (UNHCR) has lauded the willingness by some African governments to…


Mastercard aims to deliver digital identity, access for 100M in Africa

Mastercard is doubling down on spreading its Community Pass, a digital platform that holds a digital ID and wallet in…


DPI critical to effective digital transformation in government

Robert Opp, chief digital officer of UNDP emphasizes the importance of viewing DPI as the digital equivalent of physical infrastructure,…


Age verification comes to social media as age of unregulated use nears an end

If trends continue, social media is set to follow in the path of cigarettes: an activity benefitting early from lax…


AI can save UK govt £40B annually, revolutionize public services: Blair Institute

AI will soon be used to pre-check applications for correct information, triage cases by calculating complexity and routing them appropriately,…


Papua New Guinea completes national data protection and governance policy

The Ministry of Information and Communications Technology has announced the completion of the national data protection and governance policy, marking…


Leave a Reply

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

Most Read This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events