Vodafone’s Turkish arm is using technology from EyeVerify to enable customers to open its mobile wallet simply by looking at their handsets. Vodafone Cep Cüzdan mobile wallet users with iPhones can now register their ‘eyeprint’ by snapping a photo. From then on, to access the app they will be prompted to take a selfie. The feature uses EyeVerify’s Eyeprint ID technology, which maps the unique veins in eyes and creates a digital key equal to a 50 character complex password.
Vodafone Turkey is adding support for eye verification to its mobile wallet to enable users to unlock the app using biometric provider EyeVerify’s Eyeprint ID technology.
https://www.youtube.com/watch?v=sUKEn2UNY5k&feature=youtu.be&width=500&height=350
The addition of biometric security to the Vodafone Cep Cüzdanmobile wallet is the first fruit of a multi-year licensing and marketing agreement between EyeVerify and solution providerOlcsan CAD which will see Olcsan offer biometric authentication solutions in Turkey and other markets.
“We’ve had conversations with many financial institutions about requirements around accuracy and security of the software on the device, and our science and product team is confident that our current product meets those requirements,” EyeVerify CEO Toby Rush told NFC World.
“Based on this, we expect customers to use Eyeprint ID for authorising payments as opposed to simply logging into the application. Several of our unannounced partners are doing exactly this.”
Source: nfcworld.com
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below: