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2024-12-11 09:00:00
The Biometric Tech Industry: Shifting to Software-driven
Precise CMO Fredrik André gives his view on how the biometric tech industry is evolving:Traditionally hardware-centric, the biometric tech industry is now rapidly transforming into a software-driven ecosystem. While hardware continues to improve, the software revolution is accelerating even faster, fueled by innovation, AI, the speed of adoption, and the rising demand for complex, scalable soluti...
2024-10-25 09:57:55
Precise CEO Joakim Nydemark Presents at Redeye AutoTech Event
On October 9, 2024, our CEO, Joakim Nydemark, was invited to speak at the Redeye AutoTech event in Gothenburg. The event gathered a wide range of automotive technology companies, from industry giants like Volvo Group to innovative niche players, as well as a good number of investors related to automotive. The day featured insightful presentations, engaging panel discussions, and valuable networkin...
2024-09-25 21:31:40
Trust in biometric solutions continues to grow
A recent study by Visa reveals that 1 in 3 Swedes are eager to unlock everything with their fingerprint. This growing confidence in biometric solutions highlights a significant shift towards more secure and convenient authentication methods. Our CEO, @Joakim Nydemark, notes, 'Trust in biometric solutions continues to grow, and we see an increasing demand for seamless and secure ways to access our ...
2024-09-25 21:28:49
Welcome Maria Wester
Join us in welcoming Maria Wester, our new CFO at Precise Biometrics! Maria’s expertise and experience make her a fantastic addition to our team, and we’re excited about the positive impact she will bring to our growth journey. Her most recent role was CFO at Lime Technologies, a SaaS-company listed on Nasdaq Main Market Midcap. Maria is a seasoned financial professional with 20 years of exper...
2024-07-15 11:00:12
Redeye Interview with CEO Joakim Nydemark
In May, our CEO, Joakim Nydemark, was interviewed by Redeye during their Growth Day 2024. They spoke about the Precise organization, our customer focus, and the latest quarter's positive trends. Precise is, of course, proud to see positive trends by releasing new products, new strategies, and a closer customer focus. “We are on a journey, and we have taken a leap into Europe and we can already s...
2024-07-08 11:00:00
New Customer Wins for YOUNiQ Visit!
Customer Wins for YOUNiQ Visit (EastCoast Visit)! We're proud to share some of our recent successes, including new clients and major upgrade projects with organizations such as AP Moller Maersk, ATEA, Samhall, the Swedish Institute of International Affairs, Tobii, Öresundskraft, and more. Welcome to the Precise community! Additionally, we have launched another UK project with Flowscape, and our f...
2024-07-03 13:46:25
Interview with our CMO Fredrik André
Our CMO, Fredrik André, was recently interviewed by Dagens Börs about Precise Biometrics' venture in the US. Even though Precise has been present in the US since 1997, it was not until 2017 that we opened up our first office there. As we know, we have multiple partnerships in the US; Qualcomm, Infineon, Genetec, and Flowscape are only a few of them. But during 2023, we upscaled the venture of ou...
2024-06-28 15:41:27
New customer wins for YOUNiQ Visit
New customer wins for YOUNiQ Visit (EastCoast Visit in Sweden)! In today's fast-paced world where customer centricity is more important than ever, the demand for streamlined user-centric visitor management solutions has never been more critical. We're proud to share that our recent successes, both new customers and some major upgrade projects, include partnering with organizations like ASSA ABLOY,...
2024-04-19 15:41:00
ISC West 2024 – key trends and insights
Last week, Precise Biometrics, in partnership with HandID, attended ISC West in Las Vegas. We showcased our YOUNiQ Access solution along with our Biometric Technologies such as Face detection and, for the first time, our new Palm modality. ISC West is one of the largest security events in North America and was attended by our colleagues Mark Cornett, Joel Marks, Patrick Conley as well as our CEO J...
2024-04-04 11:51:28
Meet Our New Colleague Patrick Conley!
Welcome to the Precise family Patrick! Tell us about yourself, your role and what excites you about joining Precise at this time? I'm a Senior Account Executive at PB, handling sales for the central and western US. My role predominantly revolves around Business Development, allowing me the opportunity to cultivate strong relationships within our expansive and ever-growing customer base and partner...
2024-03-27 13:46:32
Biometric recognition: Unveiling business value and key considerations
In today's uncertain security landscape, businesses face challenges stemming from global conflicts, terrorism, criminal groups, cyberattacks, and technological advancements like AI. While the technological era brings benefits, it also raises cybersecurity risks and the risk of fraud. In this context biometric identification stands out as a high-security solution offering great reliability and seam...
2024-02-16 16:49:15
Meet our Master's Thesis Students
Meet our new Master's thesis students Anna, Tove and Lukas! How did you become aware of Precise Biometrics, and what attracted you to do your project with us? Anna and Tove: Lukas: I am very grateful to my friend Julia who compiled a large list of potential companies for a Master's Thesis in Lund regarding AI. Amongst the numerous candidates Precise Biometrics stood out to me as a leading company ...
2024-02-15 12:32:41
Market outlook for the biometric industry
Recently we had the pleasure of interviewing Alan Goode, Chief Analyst at Goode Intelligence, about his insight on the market outlook for the biometric market. Goode Intelligence is a UK-based analysis and research company. What is the market size for biometric identification solutions in 2024? Goode Intelligence research shows that during 2023 the market for biometric identification grew by 13 pe...
2023-12-07 10:50:48
ISC East - key trends and insights
Earlier in November we had the pleasure to exhibit at ISC East, one of the largest security trade events in the US. Our colleagues Mark Cornett, Joel Marks and Teodor Karlstedt were present at the event to offer product demonstrations, informative presentations, as well as engaging in valuable discussions. We have spoken to our team members to find out more about the event and the key trends emerg...
2023-11-23 13:35:11
Precise BioMatch® featured in IoTrust´s biometric wallet D´CENT
Precise BioMatch® featured in IoTrust´s biometric wallet D´CENT IoTrust is the creator of D’CENT, Korea's No.1 blockchain wallet, and a highly valued Precise license partner. We are delighted not only to have our fingerprint detection algorithm, Precise BioMatch®, integrated into the D'CENT biometric wallet but also to be acknowledged by WanKyu Kim, Chief Business Officer at D'CENT, as 'the ...
2023-11-15 12:45:16
The benefits of Biometrics for Access – featuring François Brouillet, Genetec and Mark Cornett, Precise
Earlier this year, it was announced that Precise had joined the Genetec Technology Partner Program, and the integration of YOUNiQ with Genetec™ Security Center was initiated. The integration enables organizations to securely and efficiently verify the identities of employees, customers, and other individuals, providing an additional layer of security and helping to promote convenient and secure ...
2023-10-16 09:23:07
Exciting new deals for our visitor management system EastCoast Visit
We are pleased to share that we have signed both new and extended contracts for our visitor management system, EastCoast Visit. In Helsingborg, we have a new site in Blomsterlandet whilst Geodis Wilson added several sites across Sweden and Denmark. Nordnet is a new client in Norway, Oslo, and we are looking forward to our new partnership. Additionally, Releasy has decided to extend their contract ...
2023-09-21 09:25:58
Presenting at Infineon's Microcontroller PDH & Distribution Training 2023
Infineon Technologies is a global leader in semiconductor solutions, operating in segments like Automotive and Digital Security Solutions. They are also highly valued as a collaboration partner to Precise. Earlier this week, our CEO, Joakim Nydemark, and Senior Algorithm Specialist, Fredrik Rosqvist, were invited to present at the Automotive Microcontroller PDH Training, which is part of the recur...
2023-08-28 16:22:26
Accelerating forward - Interview with Joakim Nydemark, the new CEO of Precise Biometrics
In connection with the announcement of Joakim Nydemark's appointment as the new CEO at Precise, he has been interviewed at Direkt Studios. Watch the full interview here (in Swedish)
2023-08-24 15:30:17
Meet this year's summer workers
Welcome to our Summer Worker Q&A for 2023! With the summer season drawing to a close and the transition to autumn underway, it's an opportune time to reflect on the impactful contributions made by our dedicated summer team at Precise Biometrics. In this edition, we'll dive into their motivations for joining Precise, their tasks during the season, and their overall experiences. Let's hear from Alex...
2023-07-05 09:41:22
Meet Joakim Nydemark - our new EVP & CCO Algo
We are happy to welcome Joakim Nydemark to Precise, as our new EVP and CCO Algo. We caught up with Joakim to find out a little more about him. Welcome to the Precise family! Tell us about yourself, your role and what excites you about joining Precise at this time? I have for more than 20 years worked in the mobile phone industry with some extra attention to wearables like AR/VR devices during the ...
2023-07-03 15:08:45
Digital Identity - New deals
The Digital Identity sales team’s efforts have resulted in new contracts for our visitor management system, EastCoast Visit. First and foremost, we are delighted to have partnered with a new reseller – Norteam, and by that we signed a deal with Ferroamp. We are looking forward to this collaboration and to what the future will bring. Additionally, we are excited to share the signing of a new co...
2023-06-16 13:48:27
Precise Webisodes #7 - Deep Learning
In this webisode you will meet part of our talented deep learning team here at Precise. Get a glimpse of how we train deep learning models efficiently, how to work with training data and more! If you wish to digest this subject further, make sure to read this post: https://precisebiometrics.com/from-machine-learning-pioneers-to-ai-innovators/
2023-06-09 10:12:37
Precise Biometrics CEO comments on the recently completed rights issue
Dear Shareholders, It has been over a year since I was entrusted to take over as the new CEO of Precise Biometrics with the mission of commercializing the company's world-leading position in biometrics. When I look back on that year, I can humbly conclude the work has been both exciting and engaging. It has also included difficult, but necessary, decisions that I realize were not always popular, a...
2023-05-30 08:52:52
Precise Biometrics announces preliminary outcome of the rights issue
Read the press release here: https://precisebiometrics.com/mfn_news/precise-biometrics-announces-preliminary-outcome-of-the-rights-issue/ In Swedish: https://precisebiometrics.com/mfn_news/precise-biometrics-offentliggor-preliminart-utfall-i-foretradesemissionen/
2023-05-26 16:47:33
From Machine Learning Pioneers to AI Innovators
At Precise Biometrics, the power of Artificial Intelligence (AI) is not just a trend, but a daily reality. Stemming from our roots in *Machine Learning, we have constantly been in the forefront of technological advancements. Machine learning is, for instance, a key success factor behind solutions such as our fingerprint matcher and spoof protection. AI relies on machine learning as its fundamental...
2023-05-23 09:38:09
Precise Webisodes #6 - Upgrades to the YOUNiQ administration portal
We are continuously striving to enhance our products, and in this brand-new webisode, we have Neira Causevic, one of our talented YOUNiQ software developers and UX/UI designers, unveiling the features in our refined YOUNiQ administration portal. With our improvements, administrators can now experience a seamless, user-friendly and efficient administration procedure. Watch the full webisode here: #...
2023-05-19 10:16:19
YOUNiQ customer case – St. Lawrence Health, US
A while back, St. Lawrence Health, the upstate New York hospital provider, decided to add YOUNiQ to their access management system. We had the pleasure of meeting up with Rich Ingersoll, Director of Systems Engineering and Architecture, to talk about their YOUNiQ experience and how they consider expanding it to other areas requiring increased security. Read customer case here. Watch the interview
2023-05-19 09:50:51
EastCoast Launches SCIM Integration for Azure Active Directory in EastCoast Visit Online
We are excited to announce the launch of a new SCIM integration feature for Azure Active Directory in our EastCoast Visit Online platform. This integration brings seamless and secure user data management capabilities to businesses leveraging Azure Active Directory. SCIM (System for Cross-domain Identity Management) is a standard protocol for user management that enables efficient administration of...
2023-05-17 16:15:56
The AGM 2023 CEO presentation
Precise Biometric's Annual General Meeting 2023, took place May 10, in Lund. View the CEO presentation here: #YOUarethekey
2023-05-12 09:32:01
Precise Biometrics publishes prospectus regarding the upcoming rights issue
Read the press release here: https://precisebiometrics.com/mfn_news/precise-biometrics-publishes-prospectus-regarding-the-upcoming-rights-issue/ #YOUarethekey
2023-05-10 18:55:58
Bulletin from the 2023 Annual General Meeting
At the Annual General Meeting (AGM) of Precise Biometrics AB which took place on Wednesday, May 10th 2023, Torgny Hellström, Mats Lindoff, Åsa Schwarz and Peter Gullander were re-elected as Board members and Maria Rydén and Jimmy Hsu were elected as new Board members. Torgny Hellström was re-elected as chairman of the Board. The AGM also resolved, in accordance with the Board's proposal, to am...
2023-05-09 15:55:35
Interactive video in conjunction with the 2023 Q1 report
We are pleased to present this interactive video, that was released in conjunction with the Q1 report published earlier today, May 9. The video is created to supplement the report and provide further depth and better understanding of Precise Biometrics. Access interviews with our CEO and CFO, as well as other useful content here: #YOUarethekey
2023-05-09 14:27:45
Adding customers and focus on long-term growth - Q1 2023
FIRST QUARTER Turnover totaled SEK 19.2 (28.3) million. EBITDA totaled SEK -0.6 (4.0) million. The operating profit/loss totaled SEK –6.9 (-0.8) million. Earnings for the period totaled SEK -6.9 (-1.2) million. Earnings per share totaled SEK -0.15 (0.00). Cash flow from operating activities totaled SEK -5.8 (7.1) million. SIGNIFICANT EVENTS DURING THE QUARTER On January 1, 2023, the strategic re...
2023-04-27 14:39:10
Digital Identity - New and extended contracts
The Digital Identity sales team’s efforts have resulted in multiple new contracts for our visitor management system, EastCoast Visit. Arcona, Amadeus Scandinavia, Kanthal, Malungs elnät (via Granitor), BabyBjörn, GroupM, Centralhuset Uppsala (Bonnier), Exportkreditnämnden, Loomis Sverige, Familjebostäder, IPCO Sweden AB, Länsförsäkringar Stockholm, Telia Jönköping, AFRY Malmö, GPV and ...
2023-04-24 13:00:26
Erik Penser Bank interview - with CEO Patrick Höijer
On the occasion of the recently communicated rights issue, our CEO Patrick Höijer, was interviewed by Markus Almerud, equity analyst at Erik Penser Bank. View the interview (in Swedish): Precise Biometrics - Intervju - YouTube
2023-04-18 18:08:27
Precise Biometrics CEO Patrick Höijer comments on proposed share issue and company publishes Q&A
Precise Biometrics CEO Patrick Höijer comments on the proposed share issue that was announced on April 3. The company also publishes a Q&A based on questions received from shareholders. When I was entrusted to take over as the new CEO last year, my mission was clear: To commercialize the company's world-leading position in biometrics. Last week, the management and board of Precise Biometrics anno...
2023-03-02 10:12:25
Precise BioMatch® featured in SwitchBot´s smart Keypad Touch
SwitchBot offers top of the line smart home products such as SwitchBot Bot and SwitchBot Curtain. Through our collaboration with Betterlife, our fingerprint detection algorithm Precise BioMatch®, is integrated into SwitchBot´s Keypad Touch, enabling secure identification and easy unlocking of your front door. The Keypad Touch allows users to take advantage of several smart features, such as: Bio...
2023-02-21 10:31:51
A message from our CEO – Q4 update
Last week we published our financial report for the fourth quarter and the full year 2022. I am proud of the Precise team’s achievements. We have during the quarter been able to present strong progress in both our business units. In the business unit Algo (fingerprint software) we have signed important agreements with the French company Isorg and the Korean company CanvasBio, and in the business...
2023-01-20 14:41:04
Isorg selects Precise Biometrics
We are pleased to see that Isorg selects Precise in order to combine hardware expertise with software leadership in fingerprint authentication for the mobile industry. “Over the course of the past few months, the teams of both Isorg and Precise Biometrics have engaged in developing solutions for smartphone OEMs and display makers to build next generation products. Improved integration of sensor ...
2023-01-02 15:44:10
Office Management selects EastCoast Visit Online as their visitor management system
Office Management works to develop “the future workplace”, and with a mission to create the best conditions for well-being, cooperation and communication at the workplace, they have found a great fit in EastCoast Solutions. Recently the company decided to invest in their visitor management by implementing the cloud-based solution, EastCoast Visit Online. Office Management’s visitors now enjo...
2022-12-27 15:44:35
A message from our CEO – A look back at 2022 and forward to 2023
As 2022 is coming to an end, CEO Patrick Höijer, sums up the 2022 highlights, and what the year ahead has in store for Precise. View and listen here. Wishing all of you a Happy New Year! #YOUarethekey
2022-12-07 09:06:44
Meet Anders Olsson - Our R&D Manager for the Algo team
We are happy to present Anders Olsson, who recently joined the Precise team as our new R&D Manager for the Algo team. We spoke to Anders to find out more about him... Tell us a little about yourself. I live in Lund with my wife and two daughters. All girls are into horses now, so I spend some time in the stable… How did you become aware of Precise Biometrics, and what attracted you to working fo...
2022-11-30 14:06:07
Meet Teodor Karlstedt at EastCoast - our new Head of Sales Digital Identity
As communicated earlier, we are now taking the next step in the EastCoast merger, as the respective sales departments are merged to become one sales unit under the lead of Teodor Karlstedt. Today Teodor is Head of Sales at EastCoast and we sat down to talk about the day to day work at the office in Stockholm and what's to come. For how long have you been working at EastCoast Solutions? I've been w...
2022-11-18 11:50:43
A message from our CEO - Q3 update
Last Friday we announced our financial report for the third quarter. It has been an eventful quarter for Precise, my first full quarter as CEO. Revenues grew to SEK 18.8 million (16.9) despite a low global demand for mobile phones. This growth is a direct effect of our efforts to broaden our Digital Identity business model through the acquisition of the visitor management system provider, EastCoas...
2022-11-09 09:45:30
High security made easy with YOUNiQ at St. Lawrence Health
We are happy to announce that St. Lawrence Health, the upstate New York hospital healthcare provider, has decided to add YOUNiQ to their access management system. “After having the opportunity to test and evaluate the YOUNiQ integration with our access system, here at St. Lawrence´s Information Technology Department in Potsdam, there is no doubt that it´s a keeper. We are pleased with the incr...
2022-10-21 15:04:07
Precise BioMatch® featured in JD´s smart door lock
We are pleased to see that China’s largest retailer JD.com is releasing their new smart door lock, now upgraded with Precise BioMatch®. Through our partner, sensor manufacturer Betterlife, Precise's BioMatch® algorithm has been implemented in the fingerprint module placed on the handle, and offers enhanced security and performance with a remarkably low authentication rejection and fraud detect...
2022-10-20 10:04:32
Smurfit Kappa and EastCoast Solutions extends partnership
Smurfit Kappa, a FTSE 100 company, is one of the leading providers of paper-based packaging solutions in the world, with approximately 48,000 employees in over 355 production sites across 36 countries and covers the entire chain from papermaking to the design and production of, efficient, innovative and selling paper-based packaging and products. Smurfit Kappa's packaging is recyclable, 100% biode...
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