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neoEYED is a global player in behavioral biometrics, a technology which enables strong user authentication through analysis of how humans interact with their devices and applications. Over 100 behavioral factors, e.g. typing behavior, screen interaction and device position, are monitored to detect anomalies and prevent fraud. The process is completely frictionless to the user and will further enhance the security of
"Security is of essence with digital cash. We already support PIN, fingerprint and face biometrics as means of user authentication. Through the partnership with neoEYED we will add another level of protection based on behavioral patterns. This provides the issuing bank the ability to detect potential fraud whilst reconciling offline transactions. As such it is a perfect complement to our offering", says
"Digital cash is the future. Behavioral biometrics adds an additional layer of security that is non-obtrusive for the user, making it an ideal technology to be used with digital cash. With our behavioral biometrics solution, we increase the security for the end user as well as the issuer. Just like
About neoEYED Inc.
neoEyed inc. is an award-winning US-headquartered startup working on a science called Behavioural Biometrics, the AI helps businesses in preventing digital frauds and at the same time adding an additional layer of security. neoEYED AI can recognize users by collecting information about human to machine interactions or behavioural data. Banks and enterprises use neoEYED to reduce frauds on their digital channels. At neoEYED, we are not just working on a machine learning algorithm, but we are preparing the next generation of Artificial Intelligence to make security completely frictionless and passive. For more information, please visit www.neoeyed.com
For more information, please contact:
+46 708 46 47 88
joachim.samuelsson@crunchfish.com
Ulf Rogius Svensson, IR & Marketing Manager,
+46 733 26 81 05
ulf.rogius.svensson@crunchfish.com
Västra
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https://news.cision.com/crunchfish/r/crunchfish-enters-partnership-with-neoeyed-for-using-behavioral-biometrics-with-digital-cash,c3271795
https://mb.cision.com/Main/14959/3271795/1361979.pdf
https://news.cision.com/crunchfish/i/neoeyed,c2869595
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