WASHINGTON--(BUSINESS WIRE)--The Electronic Funds Transfer Association (EFTA), a non-profit trade association dedicated to the advancement of electronic payments and electronic commerce, announced the addition of EyeLock, a market leader of iris-based identity authentication solutions, to the Board of EFTA members.
As a member of the EFTA Board, EyeLock will collaborate with financial institutions, ATM owners, networks and manufacturers, payment processors, card companies, and software providers to promote the adoption of electronic payments and commerce. EyeLock will assist the Board by providing insight into secure payments and authentication technology.
“We are pleased to bring EyeLock onto the EFTA Board. EyeLock’s understanding of payments authentication technology will bring a new perspective to Board discussions around one of the most important issues facing the payments industry today,” said Kurt Helwig, president and CEO of EFTA.
“EyeLock has deep experience developing and implementing authentication solutions across a wide variety of industries,” said James M. Demitrieus, CEO of EyeLock. “As we expand within the financial and payments industry, we see our inclusion on the EFTA Board as a valuable resource for shaping the future of electronic/mobile payments, government relations and industry partnerships.”
The Electronic Funds Transfer Association (EFTA) is a non-profit trade association dedicated to the advancement of electronic payments and electronic commerce. EFTA’s nearly 300 members include the nation’s leading financial institutions, ATM owners, networks and manufacturers, payment processors, card companies, and software providers, state governments and federal agencies. For nearly 40 years it has informed debate over the consumer, business and policy implications of new and existing payments technology. EFTA accomplishes this through public outreach to Congress, the administrative agencies, regulators, consumers and the media. For more information, visit www.efta.org or call 571-318-5555.
EyeLock is a leader in iris authentication, provides the highest level of security with EyeLock ID technology. The company's proprietary, embeddable technology enables the convenient, secure authentication of individuals across physical and logical environments. EyeLock's software has been integrated across consumer and enterprise platforms, eliminating the need for PINs and passwords. No two irises are alike, and outside DNA - the iris is the most accurate human identifier. Corporations across the Fortune 500 recognize the level of security EyeLock provides, ease of use and scalability. As a sponsor member of the Fast IDentity Online Alliance (FIDO), a non-profit organization dedicated to creating a safer and more secure digital presence for consumers, EyeLock is dedicated to providing digital privacy and next generation security. For more information, visit eyelock.com or call 855-393-5625.