Zoloz introduces three new biometric authentication solutions

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

EyeVerify launches cloud ID platform in Asia, rebrands to Zoloz

EyeVerify is now providing its cloud-based identification solution for the underserved and underbanked people in Asia, according to a company blog post written by founder and CEO Toby Rush. Since being acquired by Ant Financial Services Group last September, Rush said the company as expanded worldwide with new customers in North America, Europe and Asia; made strategic partnerships, and increased its investment in research and product development. By integrating Eyeprint ID into Alipay’s lifestyle app, Rush said the company has

Eyeprint ID integrated into Daon’s IdentityX authentication platform

EyeVerify‘s Eyeprint ID technology will be integrated into Daon’s IdentityX authentication platform, allowing for the first time eye recognition capability to be included in the IdentityX platform. “Collaboration with leading providers of best-of-breed authentication technologies as part of our IdentityX authentication platform is a win-win. Our partners win through fast access to our large global customer base, our customers win by having rapid access to innovative technologies and we win as the IdentityX platform grows as a thriving and innovative

EyeVerify details PSD2 and how payment providers can comply with SCA requirements

In a new company blog post, EyeVerify solutions engineer Ryan Schroeder details the essential aspects of the Revised Payment Services Directive (commonly referred to as PSD2) and what payment service providers will need to do in order to be compliant with the law’s strong customer authentication (SCA) requirements. PSD2, which will go into effect in January, is designed to make it more convenient, faster, less expensive and more secure for consumers to make digital payments, as well as to develop

EyeVerify study finds consumers trust biometrics for mobile banking and payments

EyeVerify Inc. released The Retail Banking Biometrics Confidence Report, which explores consumer preferences and behavior regarding a range of biometrics solutions. The survey of 1,002 U.S. adults revealed that they want more biometrics options for mobile banking and view biometrics as more secure than passwords. Seventy-nine percent of the respondents said they want the opportunity to use more biometric authentication methods beyond the fingerprint (eye, face, fingerprint, and voice) to access mobile banking or payment apps. Additionally, 42 percent said

EyeVerify makes predictions for biometrics in banking, announces new deployments

In a recent blog post, EyeVerify summarized the key biometrics-based product launches in the financial industry for 2016, as well as made a couple of predictions regarding the biometrics in banking for 2017. For fingerprint products, Touch ID saw considerable progress in 2016 with dozens of banks deploying the technology including Bank of Scotland, BBVA Compass, Deutsche Bank, Fifth Third Bank, HSBC, Lloyds Bank, Mashreq, Santander USA, and Standard Chartered, along with many regional and community banks and credit unions.

EyeVerify CEO says biometric banking breakthrough has already begun

The tipping point for biometric authentication for mobile banking may have already arrived, EyeVerify CEO and founder Toby Rush says. Further, that position is not one of optimism, he says, but observation of financial institutions currently achieving their user experience and security goals with biometric implementations. When it was acquired by Ant Financial in September, EyeVerify already had dozens of clients in production, and was moving more through the procoess. The company announced last week that Poland-based Comarch will use

EyeVerify brings payment grade biometric security to Comarch’s banking clients

In an effort to provide its client base with payment grade biometric authentication on mobile devices, Comarch is partnering with EyeVerify to integrate Eyeprint ID into Comarch’s Smart Finance and Corporate Banking solutions. Comarch is a global provider of IT solutions for banks, insurers, brokerage houses, asset management companies, investment funds and factors. Eyeprint ID uses existing 1+ MP smartphone cameras to image and pattern match the unique pattern of eye veins and other micro features in and around the

EyeVerify to continue to expand its trusted identity solutions from base in Kansas City

EyeVerify is building on its vision of providing trusted identity solutions to hundreds of millions of people around the globe, all from its headquarters in Kansas City. Just last month, Ant Financial Services Group, the operator of Alipay, acquired EyeVerify. According to a company statement, the months ahead will see the eyeprint authentication company expand its relationship with the University of Missouri Kansas City, where Eyeprint ID technology was originally developed, and draw from the extensive local talent pool of

EyeVerify acquired by Ant Financial

Ant Financial Services Group, the operator of Alipay, have acquired EyeVerify, Inc. the creator of Eyeprint ID, a patented, secure mobile eye verification technology. Although the companies didn’t disclose the sale price, Bloomberg is reporting that Ant is paying about $70 million for the company, according to a person familiar with the matter who asked not to be named because the details are private. “The acquisition of EyeVerify is a critical part of our effort to make bold, yet thoughtful