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Biometric pay, access products disappoint reorganizing and fundraising FPC
July 21, 2023, 3:40 p.m. | Jim Nash
Biometric Update www.biometricupdate.com
Second-quarter numbers for biometrics sensor maker Fingerprint Cards show strength in a few areas, including mobile-systems sales and cash flow. That's good because sales of biometric payment and access products are not pulling their weight.
The company also has reorganized, creating four new units that executives hope will help focus efforts and flush out more revenue.
The four new units within the company will focus on finding new business partners, corporate acquisitions, opportunities to monetize its patent portfolio and developing …
access biometric biometrics biometrics news biometrics stocks cash executives financial results fingerprint fingerprint cards flow focus fundraising good hope mobile numbers pay payment products sales sensor stocks strength systems the company trade notes
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