“Precise Biometrics AB (PREC), a Swedish fingerprint log-in technology provider, rose the most in more than a week after its mobile reader won approval for use on Apple Inc. (AAPL)’s latest iPad,” Adam Ewing reports for Bloomberg. “Precise Biometrics jumped as much as 15 percent to 1.73 kronor, the highest price since April 23, and was 12 percent higher at 1.69 kronor at 9:22 a.m. in Stockholm.”
Ewing reports, “The approval of its mobile smart card and fingerprint reader Tactivo by Apple allows government agencies and companies to keep a high level of authentication and security when employees access sensitive information, the company said in a statement today. Chief Executive Officer Thomas Marschall said Apple’s approval will help Tactivo’s global sales.”
Read more in the full article here.