Eyeverify’s patented biometric technology ‘eyeprint ID’ eliminates passwords on smart devices by transforming a picture of your eye into the accessing key. By reaching its series A equity funding, the company is gaining interest from the financial services industry as the application protects employees’ and customers’ phones when they conduct mobile banking, and ensures safe and secure mobile mortgage, insurance, card and electronic payments .This accurate process of confirming identities enables secure authentication by using existing cameras on mobile devices to scan and pattern-match the blood vessels in the whites of your eye.
