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Precise integrates liveness detection to its identification software for access control systems

Precise has successfully integrated passive liveness detection – in addition to facial recognition – to its identification software for access control systems. The technology behind the product is based on artificial intelligence, which confirms both the user’s identity and liveness through its unique facial features, and conveniently and securely grant access for the user.

Precise to collaborate with Infinity Optics Solutions

Precise has signed a collaboration agreement with the leading biometric cryptography company Infinity Optics (“IO”), to develop secure identification software for fingerprint recognition based on so called true biometric hash technology. The technology enables identification without the need to store user’s reference image, minimizing the risks of identity fraud and data breaches.

Additional integration of Precises’ fingerprint software in collaboration with Egis Technology

In collaboration with the leading fingerprint sensor supplier Egis Technology (Egis), Precises’ software for fingerprint recognition in mobile devices – Precise BioMatch Mobile – has been deployed in a series of smartphones. The integration – in addition to the previous integration that was communicated on August 5th, 2019 – is expected to generate approximately 15 MSEK in revenue.

Precise expands its offering for secure digital identity with biometric facility access

Precise expands its offering for secure digital identity, Precise YOUNiQ to include convenient and secure biometric access to facilities. The technology behind the service is based on artificial intelligence, which confirms the individual’s identity through its unique facial features. Precise YOUNiQ integrates facial recognition with the door access system to conveniently and securely grant access for employees and visitors to offices and restricted facilities.

Precises’ fingerprint software deployed in a series of mobile devices – first integration with Asian partner Egis Technology

Precises’ software for fingerprint recognition in mobile devices, Precise BioMatch® Mobile has been deployed in a series of devices, integrated in an optical under-display fingerprint sensor from the leading fingerprint sensor supplier Egis Technology (Egis). Following the licensee agreement with Egis, the integration is expected to generate approximately 10 MSEK in revenue during second half of 2019, in the form of royalties based on actual number of devices utilizing Precise BioMatch Mobile, together with a fee for licensing the software and for support and maintenance.

Precise signs license agreement with a leading sensor supplier

Precise Biometrics has signed a license agreement with a leading fingerprint sensor supplier from Asia. The agreement enables the sensor supplier to include Precises’ fingerprint software, Precise BioMatch Mobile, into their under-display sensor solutions for mobile devices.

Precise partners up with Covr Security

Precise Biometrics has entered into a partnership with Covr Security to offer products that enable convenient and secure verification of identity for digital services. The collaboration supports the company’s ambition to deliver world-leading biometric solutions that makes people’s everyday lives easier.