"It's clear that the financial services sector is in desperate need for an overhaul – security breaches cost banks billions of dollars each year. I believe that EyeLock's iris-based authentication technology is the solution to many of the issues financial companies face today, including fraud," said Darlene Crumbaugh. "I look forward to joining an organization that is influencing the way our identities are protected. Ultimately, this technology provides enormous value to the financial services sector and helps their customers by reducing the cost of fraud while assuring privacy concerns."
About EyeLock Inc.
EyeLock Inc. is a leading technology provider of iris-based identity authentication products and technology solutions. Transforming the way identities are authenticated and protected, the Company offers a broad suite of breakthrough solutions for the identity management, access control, border control and logical access sectors.
The proprietary, iris-based identity authentication solutions are cost-effective, scalable and easy-to-use iris recognition systems that operate while a person is in motion and at a distance. EyeLock delivers products and solutions where privacy, convenience and security are synonymous.
KCSA Strategic Communications
|SOURCE EyeLock Inc.|
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