Ebanking innovation firm Digital Insight is set to partner with biometrics firm EyeVerify on a password-free mobile banking app that authenticates customers using blood vessels in the whites of their eyes.Digital Insight plans to implement EyeVerify's EyePrint ID solution into its existing current mobile banking applications as early as Spring 2015, although on a limited availability basis at first.DI points out that the eye white authentication solution requires no additional software or hardware and that it will help eliminate the high costs associated with resets, lockouts and password-related customer care calls.Unlike iris recognition, EyeVerify's tech matches the blood vessels in the whites of the eye to uniquely identify users. Eye-vein authentication doesn't need the infra-red scanners required for iris scans, which typically do not feature on mobile phones.”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.”Last November, EyeVerify has launched a new version of its eye-vein software solution which reduced authentication time for smart devices to just 800 milliseconds.The firm describes Eyeprint ID v2.0, which is being formally unveiled at the Money 20/20 in Las Vegas this week, as a “significant breakthrough” in user experience and speed.”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.”

Also in the news:

Default ThumbnailStoneLock launches access solution Default ThumbnailTascent reveals ‘self-service identity’ Default ThumbnailBrazilian bank turns to Daon for biometric app