HYPR Announces Biometric Security Platform for eCommerce

HYPR Corp. has announced a new eCommerce security platform based on biometric authentication.

HYPR Announces Biometric Security Platform for eCommerceIt’s a software-based solution aimed Fortune 500 enterprises, and is designed to help them offer their customers a password-free online shopping experience, with biometrics based on fingerprints, face, and voice being used for authentication. The company says the system is also based on a decentralized approach to encrypted data storage, further helping to protect end users’ data against potential hack attacks.

In a statement announcing the platform, HYPR Co-Founder George Avetisov asserted, “The future of retail lies in a biometric shopping experience, and HYPR is working to secure that future.”

The announcement comes in the wake of a large influx of VC capital that HYPR received last autumn, and ahead of this week’s NRF Retail’s Big Show 2017 expo, where HYPR will showcase the new platform.

January 11, 2017 – by Alex Perala