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Precise Biometrics

Precise Biometrics (stock info) is a market leading supplier of biometric solutions for verification of people’s identity, making everyday life easy and secure. Our solutions are used hundreds of millions of times every day by people all over the world.

Precise Biometrics Biometrics News

 

Reorg to shave millions in one-time costs for Precise Biometrics

As demand weakens for mobile phones, Precise Biometrics is losing a key member of its management team to another firm…

Nov 24, 2022

Revenue updates for Precise Biometrics and Prodigy, SuperCom goes for reverse stock split

Precise Biometrics has recently published a blog post by CEO Patrick Höijer providing an update about the company’s financials for…

Nov 18, 2022

Biometric access control market growing with new investments, partnerships

The physical access control system (PACS) market is estimated at $8.1 billion and is expected to expand briskly at a…

Nov 15, 2022

Losses widespread among digital ID and biometrics providers in tough third quarter

It was third-quarter losses for all the ID companies below. All but on-demand identity validation vendor Intellicheck saw the red…

Nov 2, 2022

Fingerprint sensor shipments boost Next Biometrics earnings amid market headwinds

Next Biometrics brought in revenue of 14.4 million Norwegian Kroner (approximately US$1.4 million) in the third quarter of its fiscal…

Oct 25, 2022

Precise Biometrics algorithm solution included in JD smart locks

Precise Biometrics announced that its BioMatch algorithm solution has been integrated into fingerprint sensors made by partner and sensor manufacturer…

Oct 19, 2022

Fingerprint Cards cutting costs following tough quarter for mobile biometrics

Fingerprint Cards reports third quarter earnings of 143.2 million Swedish krona (US$12.8 million), well down from SEK 354.3 million ($31.6…

Sep 28, 2022

Precise Biometrics extends YOUNiQ contracts in Sweden, unveils Algo division plans

Precise Biometrics has unveiled a series of updates, extending a partnership with rental space solutions firm Algeco and welcoming new…

Sep 21, 2022

Biometric access control options grow with new partnership, launches and integrations

Biometrics are being built into an ever-increasing range of access control solutions, with the latest crop covering fingerprint, face and…

Sep 14, 2022

Thales hires hundreds in US, Precise Biometrics and Socure promote within

Several leading companies in the biometric space have expanded their teams over the course of last week, with Thales confirming…

Sep 12, 2022

Fingerprint biometrics still reign in consumer electronics, but Android facing forward

Integration of biometric security — particularly fingerprints — into consumer electronics devices continues. And more smartphones also appear set to…

Sep 7, 2022

Precise Biometrics’ fingerprint algorithm deployed by Aqara for smart home applications

Precise Biometrics’ BioMatch technology has been integrated into several smart door locks from Aqara, a global provider of smart home…

Sep 5, 2022

Assa Abloy acquires another facial recognition access control provider

Access control giant Assa Abloy has acquired Brazilian biometric hardware and software developer Control iD to integrate its access control…

Aug 12, 2022

Idex, Precise and BIO-key lead strong crop of biometrics earnings reports

Idex Biometrics earned $2.1 million in the first half of 2022, a strong increase both sequentially and on a year-over-year…

Aug 10, 2022

Looking for more juice, Precise Biometrics sells a hunk of stock to Egis

After a troubling fiscal 2021, Swedish biometric software maker Precise Biometrics executives have brought on a partner, selling about 12…

May 16, 2022

Trust Stamp and Vsblty lead gains among publicly-traded biometrics providers: earnings round-up

Trust Stamp and Vsblty have reported major revenue gains from their biometric technologies, while more modest gains were reported by…

Apr 8, 2022

HYPR, Imprivata show revenue growth in 2021, Precise Biometrics optimistic

Hypr and Imprivata say their business fundamentals continued to show progress in summaries of their 2021 fiscal year, while Precise…

Mar 24, 2022

Precise Biometrics partners on ‘smart-energy’ access control pilot

Precise Biometrics has entered a new partnership with Compare-IT, which focuses on the combination of biometric access technologies and smart…

Mar 7, 2022

Active Witness, G+D, Precise Biometrics unveil access control deployments, partnerships

A trio of biometric technology providers have deployed products for physical access control applications or partnered to do so. A…

Feb 18, 2022

Biometrics stock wrap: Precise, Fingerprint Cards, Telos, CPC

Precise Biometrics has reported modest results for full-year 2021 and optimism for the year ahead, while Fingerprint Cards prepares to…

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