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.
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