Precise Biometrics, Fingerprint Cards sign licensing deal for smart cards
Precise Biometrics, a fingerprint software developer, has expanded a licensing deal with Fingerprint Cards to incorporate Precise BioMatch Embedded for smart cards.
The deal will generate royalty revenue based on Fingerprint Cards’ sales of fingerprint sensors for smart cards that leverage the solution.
Precise Biometrics said that its Precise BioMatch Embedded solution offers secure fingerprint recognition for products with small fingerprint sensors and platforms with limited processing power and memory space including smart cards, wearables, locks as well as cars.
Precise Biometrics CEO Håkan Persson said: "There is a great interest to integrate fingerprint technology in new product areas. The expanded agreement with Fingerprint Cards – the largest sensor manufacturer – confirms our position as the leading supplier of fingerprint software and opens up interesting growth opportunities within smart cards."