REDWOOD CITY, Calif.--(BUSINESS WIRE)--Digital Insight, an NCR company and leader in digital banking solutions, announced it has entered into an agreement with EyeVerify Inc. to offer Digital Insight customers EyePrint ID™ for a password-free mobile banking experience. By using the camera on mobile devices, EyePrint ID™ technology takes an image and pattern-matches the blood vessels in the whites of the eye, eliminating the need to remember and thumb type a password.
Digital Insight customers can affordably implement EyePrint ID into their current mobile banking applications, giving users instant and secure access to bank data and services. For financial institutions, it requires no additional software or hardware and can eliminate the high costs associated with resets, lockouts and password-related customer care calls.
“What was once the exclusive domain of science fiction is today a practical reality as we continue to innovate in ways that take advantage of remarkable technologies to redefine the banking experience for our customers,” said Lindsay Soergel, vice president of solutions and strategy at Digital Insight. “EyeVerify is the only company to offer this highly secure approach to identity verification and we are thrilled to be the first in the U.S. to provide financial institutions this level of authentication.”
Digital Insight continues to foster innovative solutions for its bank and credit union customers and recently created an innovation lab to help financial institution clients experiment and implement emerging technologies such as biometrics, geo-fencing and location-based services. Dubbed DI Labs, the incubator is focused on developing and bringing to market next generation tools and solutions that enable financial institutions to remain competitive and delight their customers.
“The largest impediment to mass adoption of mobile banking continues to be concerns around security,” according to Al Pascual, director of fraud & security, Javelin Strategy & Research. “Providing conspicuous, robust biometric security to mobile banking will inspire greater trust among consumers.”
EyePrint ID will be in limited availability to Digital Insight customers in Spring 2015.
“We are delighted to be partnering with Digital Insight to provide their bank and credit union customers and end users with a password free mobile experience,” said Chris Barnett, EVP Global Sales & Marketing at EyeVerify. “We love Digital Insight’s strong track record of market leading mobile apps with the best usability and highest app store ratings. So it’s fitting to have an exclusive launch program together so that Digital Insight customers can be the first to be free of passwords on Android and iOS smartphones and tablets.”
Gain more banking insights at Banking.com.
About Digital Insight
Digital Insight, an NCR company, helps banks and credit unions achieve their goals and grow by offering innovative online and mobile banking solutions that make it easier for consumers and businesses to manage their money. Our proven banking innovations give financial institutions the flexibility and control to engage more, increase retention and cross-sell effectively.
About NCR Corporation
NCR Corporation (NYSE: NCR) is the global leader in consumer transaction technologies, turning everyday interactions with businesses into exceptional experiences. With its software, hardware, and portfolio of services, NCR enables nearly 550 million transactions daily across retail, financial, travel, hospitality, telecom and technology, and small business. NCR solutions run the everyday transactions that make your life easier.
NCR is headquartered in Duluth, Georgia with approximately 29,000 employees and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries. The company encourages investors to visit its web site which is updated regularly with financial and other important information about NCR.
EyeVerify Inc. is the creator of EyePrint ID™ – transforming an ordinary selfie into a key that protects your digital life. EyePrint ID is a highly accurate biometric technology for smart devices that delivers a password-free mobile experience with convenient, secure, private authentication. This patented solution uses existing cameras on mobile devices to image and pattern-match the blood vessels in the whites of the eye.