The collaboration will strengthen the companies’ common position by offering a comprehensive solution for verification of identity for digital services and transactions between mobile units.
The market’s demand for convenient and secure verification of identity for digital services and the technological development continues to drive strong interest in Precise Biometrics product, Precise YOUNiQ. The product ensures digital identity through recognition of fingerprints, face and behavior in combination with geographical data.
Covr provides a secure platform for log-in to digital services and enables secure transactions online via mobile devices, by linking the user to the mobile device and giving the user first-hand information to control their own data. The product is an alternative to hardware-based authentication via dongle and is aimed at companies with requirements for customer identification in sectors such as finance, betting, retail and healthcare.
The initial goal of the collaboration is to carry out pilots during the second half of 2019 and then enter into a commercial phase.
Precise Biometrics is a market leading supplier of solutions for convenient and secure verification of people’s identity using biometrics. Our solutions are used hundreds of millions of times every day by people all over the world. For more information, please visit www.precisebiometrics.com
Covr is a Swedish cyber security company that operates globally. The company has developed the next-generation mobile security application for a wide range of regulated digital industries that have a need to strengthen their customer knowledge and user integrity. Read more about the product at: https://www.covrsecurity.com