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April 29, 2014updated 04 Apr 2017 4:07pm

TSWG to integrate biometric technology EyeVerify into mobile money system

The System Works Group (TSWG) has announced that it will integrate its NetTeller Mobile Money with EyeVerify's Eyeprint Verification across all iOS and Android devices, in order to offer safe and secure digital banking.

By Verdict Staff

The System Works Group (TSWG) has announced that it will integrate its NetTeller Mobile Money with EyeVerify’s Eyeprint Verification across all iOS and Android devices, in order to offer safe and secure digital banking.

As part of the partnership, TSWG, a leading provider of secure and agile digital banking technology, will integrate the patented Eyeprint Verification technology.

The new technology, which is available only from EyeVerify, offers accurate and user friendly biometric authentication stack

EyeVerify global sales and marketing EVP, Chris Barnett, said: "As financial institutions increase access to consumers’ sensitive personal data and banking services on mobile devices, the need to verify the identity of users is critical.

"As we integrate with TSWG, our Eyeprint Verification will enable financial institutions using TSWG NetTeller Mobile Money to add biometric security as a replacement for PINs and passwords or as second authentication factor confirming sensitive transactions" he added.

TSWG Sales and Marketing general manager, Terry Hudson, said: "EyeVerify’s technology will make an innovative addition to NetTeller Mobile Money, consumers want convenient, anywhere, anytime banking while being protected against unauthorized use, if a phone is ever lost or stolen".

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