Precise Biometrics currently operates its business in three main business areas: Digital Identity, Smart Cards and Mobile, and is also engaged in initiatives such as cars, door locks and USB authenticators.
Our fingerprint algorithm, Precise BioMatch®Embedded, has been integrated in a USB authenticator from eWBM, Goldengate 500 Security Key, which is the first USB dongle to attain FIDO2* Level 2 Authenticator Security Certification. Precise BioMatch Embedded is integrated into the USB dongle by eWBM, who is licensing the fingerprint algorithm directly from Precise.
Goldengate 500 Security Key, protects against phishing, account takeover, session hijacking, man-in-the-middle, malware and other online attacks. It also provides stronger and simpler authentication, enabling fast and secure online login without password.
The integration in Goldengate 500 Security Key is not expected to have any substantial financial impact for Precise Biometrics.
*FIDO2 is an open authentication standard that consists of W3C (World Wide Web Consortium) WebAuthn API (Web Authentication specification) and the CTAP (Client To Authenticator Protocol). WebAuthn has been implemented by the major browsers, and CTAP2 is supported by hardware and platform companies.
Precise is a market leading supplier of solutions for convenient and secure verification of people’s identity using biometrics. Our solutions are used hundreds of millions of times every day by people all over the world. For more information, please visit www.precisebiometrics.com