Precise Biometrics

Precise Biometrics is a Swedish company headquartered in Lund, Sweden, publicly listed on Nasdaq Stockholm Small Cap (PREC). The company develops and delivers biometric software and SaaS solutions for authentication and identification across multiple sectors. Their core technology suite covers fingerprint, face, and palm recognition, designed for integration into mobile phones, laptops, automotive systems, payment platforms, smart locks, and government programs such as Automated Biometric Identification Systems (ABIS) and national ID initiatives. Partnerships with hardware manufacturers such as Qualcomm, Infineon, and Egis position Precise's software within consumer and enterprise device ecosystems. Beyond embedded biometric algorithms, Precise offers turnkey systems for physical access control and visitor management under the brands Precise Access and Precise Visit (by EastCoast). These solutions serve enterprise customers including Bosch, KPMG, Telia, and others. The company operates across three continents and targets segments including mobile, laptops, automotive, payments, smart locks, physical access, and government identity programs. Their technology is described as AI-powered, balancing authentication security with user experience. On the compliance and security front, Precise follows the Cloud Controls Matrix (CCM) framework, maintains an internal Security Board, adheres to GDPR and the EU-U.S. Data Privacy Framework, and is working toward ISO 27001 and SOC 2 certifications. The company is governed under Swedish corporate law and the Swedish Corporate Governance Code.