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EyeVerify’s Partnership with Turkish Reseller Yields Vodafone Contract

EyeVerify_homepage_June2015

The first dividend from EyeVerify’s just-announced reseller deal with Turkey’s Olcsan CAD Technology has arrived: The biometric authentication specialist will bring its Eyeprint ID to Vodafone’s Cep Cüzdan mobile wallet.

“Together with EyeVerify, we plan to expand our biometric offerings into the mobile space and continue to offer innovative solutions for our clients,” says Burak Sondal, Olcsan CEO.

With just the camera on the average smartphone or mobile device, EyeVerify’s technology scans the patterns of blood vessels in the eye to create a digital identifier, an “eyeprint,” that EyeVerify says is as unique as a fingerprint. The company’s Eyeprint technology has been deployed by financial institutions, most recently at Mountain America Credit Union, looking to secure their mobile apps. And smartphone manufacturer Alcatel announced this spring that it was launching a new phone with EyeVerify’s Eyeprint technology included.

The technology, less expensive than other biometric methods such as iris-scanning, is more “spoof-proof” than facial recognition and more discrete than voice recognition.

Olcsan and EyeVerify had been cooperating on product development for several months and agreed to the reseller deal earlier this year. Founded in 1992, Olcsan CAD Technology is a systems integrator and app developer specializing in smart card, security and biometric authentication technologies for the enterprise. EyeVerify CEO and founder Toby Rush cited Olcsan’s more than 30 years’ experience in providing biometric authentication solutions to its customers as a major reason for forging the partnership. According to Rush, “Their expertise in implementation across numerous vertical markets will be invaluable in generating marketing adoption for Eyeprint ID.”

Vodafone Turkey is the number-two mobile communications company in Turkey. The telecom operates in more than 80 cities in the country, and has more than 20 million users. Vodafone Turkey has more than 1,200 stores and 23,000 points of sale.

Founded in 2012 and headquartered in Kansas City, Kansas, EyeVerify demoed its biometric authentication technology at FinovateSpring 2014, winning Best of Show honors.