HYPR Announces Biometric Security Platform for eCommerce

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

It’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.

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January 11, 2017 – by Alex Perala

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