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The latest announcement is out from Fingerprint Cards ( ($SE:FING.B) ).
Fingerprint Cards AB has announced that Mantra Softech India Private Limited has extended its license for FPC’s iris recognition software, aiming to strengthen its position in the Indian market and expand into emerging markets. This extension allows Mantra to incorporate FPC’s advanced iris technology into more devices, supporting applications such as government ID systems, banking, healthcare, and border control. The collaboration underscores FPC’s success in providing multi-modal biometric solutions globally and highlights Mantra’s commitment to innovation and excellence in delivering secure identity solutions.
More about Fingerprint Cards
Fingerprint Cards AB (FPC) is a global leader in biometric technology based in Sweden, specializing in providing secure and seamless identification and authentication solutions. Their technology is integrated into hundreds of millions of devices worldwide, facilitating safe and convenient user experiences. Mantra Softech, a leading Indian biometrics and RFID technology company, is known for its fingerprint, iris, and facial-recognition devices, which are widely used across various sectors in over 50 countries.
Technical Sentiment Signal: Sell
Current Market Cap: $25.79M
For a thorough assessment of FING.B stock, go to TipRanks’ Stock Analysis page.