FB pixel

Precise Biometrics increasing focus on ultrasonic fingerprints for smartphones

Precise Biometrics increasing focus on ultrasonic fingerprints for smartphones
 

Precise Biometrics is reallocating its resources to prioritize the development and commercialization of ultrasonic fingerprint algorithms. This decision is in response to the expected increase in demand for these products. The company is strengthening its focus on developing ultrasonic fingerprint algorithms that can be integrated into mobile devices.

A next-generation solution for ultrasonic fingerprints is coming, Precise says, along with additional offerings.

Through this strategic initiative, Precise Biometrics aims to capitalize on the higher profit margins offered by ultrasonic fingerprint sensors compared to the broader fingerprint sensor market. Since introducing its first mobile phone with an ultrasonic fingerprint algorithm in 2018, the company has been collaborating with sensor manufacturers to integrate its software algorithms.

“Today, the ultrasonic segment is a relatively small part of the total fingerprint sensor market, but considering the anticipated growth rate, we see good opportunities moving forward,” says Joakim Nydemark, chief executive officer at Precise Biometrics.

The Precise BioLive fingerprint software can be integrated in various ways — as a standalone system, integrated with Precise BioMatch, or with user authentication applications. The fingerprint algorithm is sensor agnostic, allowing it to operate with different security levels as required by the customer.

Fingerprint Cards, once a direct competitor of Precise in the mobile biometric market, has shifted away from it, as seen with its recent partnership with Egis Technology, after former CEO Ted Hansson told Biometric Update in an interview last year that his company was expecting a bounce-back in the mobile biometrics market for capacitive fingerprint sensors.

Related Posts

Article Topics

 |   |   |   |   |   | 

Latest Biometrics News

 

Biometrics providers and systems evolve or get left behind

Biometrics are allowing people to prove who they are, speeding journeys through airports, and enabling anonymous online proof of age,…

 

Findynet funding development of six digital wallet solutions

Finnish public-private cooperative Findynet has announced it will award 60,000 euros (US$69,200) to six digital wallet vendors to help translate…

 

Patchwork of age check, online safety legislation grows across US

As the U.S. waits for the Supreme Court’s opinion on the Texas case of Paxton v. Free Speech Coalition, which…

 

AVPA laud findings from age assurance tech trial

The Age Verification Providers Association (AVPA), and several of its members, have welcomed the publication of preliminary findings from the…

 

Sri Lanka to launch govt API policies and guidelines

Sri Lanka’s government, in the wake of its digital economy drive, is gearing up to release application programming interface (API)…

 

Netherlands’ asylum seeker ID cards from Idemia use vertical ICAO format

The Netherlands will introduce new identity documents for asylum seekers Idemia Smart Identity, compliant with the ICAO specification for vertical…

Comments

Leave a Reply

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

Biometric Market Analysis

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events