EyeVerify sees past original accuracy mark, starts beta
EyeVerify holds the patent covering the method and features used for pattern matching in its "Eyeprint verification system."
The Kansas City, Mo. startup whose software scans a user's "eyeprint"—the blood veins pattern in the whites of one's eyes—to authenticate their use of a mobile device, recently announced results from a test of its technology. Collected by Purdue University's Biometric Standards, Performance and Assurance Laboratory, the tests showed a false acceptance rate—the measure of likelihood an unauthorized user will incorrectly be allowed access—of 0.013 percent. This third-party validation demonstrates EyeVerify's technology is suitable for deployment, the startup's chief scientist Dr. Reza Derakhshani said in a press release.
To be sure, however, EyeVerify is testing again, said CEO Toby Rush (right).
"We had fingerprint-level accuracy before," Rush said in a phone interview last week. "We just blew that away, so we're going back to double check everything. It's a continuous evolution."
Rush said they will be able to publish the results soon and that this will solidify what is key to EyeVerify's success: maintaining high accuracy in real-world conditions. A strict tolerance for only perfect matches can be difficult and cause false rejections.
Applications are being taken for its beta program—running from March through May—which provides access to the company's patented technology, according to the release. The program will include prototype applications, technical and engineering support, quality assurance test plans and results, and early access to commercial releases of EyeVerify technology. Participants will have the opportunity to integrate, test and deploy the mobile authenticator. Rush said the focus is on businesses that are easily scalable, such as financial services and health care.
"The goal of the beta is to get user acceptance" of the technology, Rush said. EyeVerify will begin to wrap up its next round of funding this month, he said.
An EyeVerify graphic breaks down the process of its technology.