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EyeVerify Teams Up with BioConnect to Boost Payment Security

EyeVerify_homepage_August2016

Guess who just joined BioConnect’s Quest for Rightful Identity?

Less than a week before EyeVerify returns to the Finovate stage, the company has announced that it is integrating its Eyeprint ID technology with BioConnect’s Identity Platform. The addition will give BioConnect’s platform a mobile biometric solution, with encryption comparable to a 50-character complex password. BioConnect VP Bianca Lopes said EyeVerify’s solutions had “the highest standards of mobile-friendly security” and are “built perfectly for the financial services industry: secure and frictionless.”

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EyeVerify Director of Marketing Tinna Hung demonstrated Eyeprint ID at FinovateEurope 2016 in London.

EyeVerify’s Eyeprint ID works by scanning the unique pattern of veins and “micro features” in and around the eye. The 1+MP camera on most smartphones is powerful enough to do the scanning, which was likened to taking a selfie in the company’s Best of Show-winning demonstration at FinovateEurope earlier this year. Eyeprints are scrambled and encrypted locally on the user’s device so they can never be lost, stolen, or intercepted.

With origins in security and physical access management, BioConnect has developed into a hardware and device-agnostic platform that provides biometric authentication in both physical and digital environments. Its Identity Platform gives large businesses the ability to leverage multiple biometric authentication strategies without having to abandon or alter their incumbent systems.

Founded in 2012 and headquartered in Kansas City, Missouri, EyeVerify made headlines this spring when Wells Fargo announced that it would deploy Eyeprint ID with its corporate clients with commercial banking accounts. Also this spring, EyeVerify announced that its biometric authentication solution would be integrated into the Biometric Security Suite of HYPR Corporation. A member of the FIDO Alliance and the International Biometrics & Identification Association, EyeVerify has raised $9.8 million in funding. Toby Rush is CEO.

Join us in New York for FinovateFall next week, September 8 & 9. See EyeVerify and more than 70 other fintech innovators as they demonstrate their latest technologies live on stage. Tickets are on sale now, so visit our registration page and save your spot.