News

EyeVerify introduces Eyeprint verification system into the banking, financial services sectors

Tuesday 14 May 2013 08:19 CET | News

EyeVerify, a mobile authentication company, has introduced its Eyeprint Verification system into the banking and financial services sectors.

As a result, banks, credit unions, investment companies, payment systems and other players can now use the Eyeprint to secure their employees access to corporate systems, to secure enterprise customers ability to make large transactions and to secure consumers retail financial activity.

According to a recent study by the US Federal Reserve, concerns about the security of technology were the primary reason given by those not using mobile payments (42%) and the second most common reason given by those not using mobile banking (48%).

The company has also secured USD 2.3 million in a Series A funding round. Participants included returning investors from the 2012 seed round of USD 1.5 million, including Think Big Ventures and Nebraska Angels, plus new investors including Mid America Angels. The new round of funding will be used to accelerate deployments with major customers, add new features and grow the marketing and sales team.
 


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: EyeVerify, Eyeprint verification system, financial sector, online fraud, mobile payments, US
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime






Industry Events