October 30, 2017 -
Zoloz has unveiled three new products — Zoloz Connect, Real ID and Smile — that are designed to ensure trust and security for millions of people who perform key transactions online, according to a report by Startland News.
In August, EyeVerify revealed it rebranded to Zoloz to reflect its more comprehensive solution for trusted digital identity.
The products expand on the company’s initial EyePrint ID solution, but will also use facial recognition and optical character recognition technology.
“Each day, we are asked the question, ‘Who are you?’ digitally, and we’ll be asked this question multiple times a day for the rest of our lives,” EyeVerify CEO Toby Rush wrote in a recent blog post. “We are also now using more complex and sophisticated devices and services than ever before, like mobile banking and payments, that makes it more challenging to secure our sensitive information online.
“Our platform helps solve this challenge and answers this question, in all scenarios, regardless of the type of technology, in a way that gives people maximum privacy and control. We are on a mission to make it simple to be known, trusted and safe in the digital world.”
Zoloz Connect enables people to log in to mobile apps using facial recognition and patented anti-spoof technology with financial grade security.
The solution reduces the chance of fraud and increases the accuracy of verification to over 99.999 percent with a smartphone alone.
Zoloz Real ID is a real name verification solution that combines biometrics security technology, spoof detection, and optical character recognition.
The solution allows users to validate their identity with a smartphone’s front-facing camera and an ID number or a scan of a government ID.
Zoloz Smile uses the camera in a device such as a kiosk, vending machine, monitor or ATM, to scan the customer’s face and match it against an existing profile.
The solution combines facial recognition with anti-spoof technology to provide biometric authentication.
Zoloz will first make the tools available in China in hopes of meeting the growing market demand for trusted identity solutions in the region where there are more than 200 million Zoloz users, Rush said.
In September 2016, Ant Financial acquired EyeVerify for more than $100 million. Since then, Zoloz has more than doubled its staff to more than 120 employees across its Kansas City, San Francisco, Beijing and Singapore offices.