SOURCE: EyeVerify

EyeVerify

September 16, 2015 09:00 ET

Three Independent Studies Validate the Accuracy and Robustness of Eyeprint ID From EyeVerify

KANSAS CITY, MO--(Marketwired - Sep 16, 2015) - Three independent organizations have conducted extensive accuracy testing on Eyeprint ID™ in 2015. Across the three studies, Eyeprint ID performed at accuracy levels that meet the market need for secure mobile authentication for password replacement, medical prescriptions and mobile payments.

Studies show Eyeprint ID meets payment grade accuracy requirements

Two studies conducted in different countries assessed the False Reject Rate (FRR) at various False Accept Rates (FAR). Each FAR corresponds to market acceptable security levels for phone unlock, general password replacement and authentication for mobile payments. Both studies clearly show that Eyeprint ID meets the stringent accuracy requirements for mobile payments.

University of Missouri study

The University of Missouri performed their independent data collection in May 2015 using 500+ subjects and two device types. The accuracy results for this study are below.

Results from the university study
     
  iPhone 5 Note 4
Genuine Comparisons 508 505
Imposter Comparisons 292,009 301,772
Equal Error Rate (EER)* 0.197% 0.198%
FRR at FAR=1/50,000 1.4% 1.2%
FRR at FAR=1/10,000 1.2% 0.8%
FRR at FAR=1/1,000 0.4% 0.4%

Chinese technology company study

A large technology company in China conducted their own test in July 2015 using 200+ subjects and two device types. To further demonstrate the independence of this test, EyeVerify has not seen the images used; only the results.

Results from the Chinese technology company study
     
  iPhone 6 Samsung S5
Genuine Comparisons 202 205
Imposter Comparisons 76,947 79,200
Equal Error Rate (ERR)* 0.001% 0.750%
FRR at FAR=1/50,000 0.27% 1.50%
FRR at FAR=1/10,000 0.00% 0.75%
FRR at FAR=1/1,000 0.00% 0.75%

A side-by-side view of the University and Chinese technology company results can be downloaded here.

iBeta tests for electronic prescription security requirements

iBeta, an independent testing and quality assurance lab, tested Eyeprint ID in April 2015 as part of the certification process to determine if the technology meets Drug Enforcement Agency (DEA) biometric subsystem requirements for inclusion in an Electronic Prescription of Controlled Substances (EPCS) application.

The test, conducted with 118 subjects in iBeta's Colorado lab, determined that Eyeprint ID meets the False Match Rate (FMR) requirement of 0.001 or lower with a 95 percent confidence rate. In addition, the report states that the use of eyeglasses did not significantly affect the FMR.

iBeta's certification of Eyeprint ID confirms that EyeVerify's solution is secure enough for a doctor to use to authenticate when issuing electronic prescriptions. The full report can be found on ibeta.com.

As passwords become increasingly vulnerable and inconvenient, and the use of mobile financial services grows, the market requires highly accurate authentication solutions to protect users and their transactions. These independent studies demonstrate that Eyeprint ID meets that market need.

For more information about Eyeprint ID's technology, visit EyeVerify's Core Technology page. You can also visit with Dr. Reza Derakhshani, Chief Scientist, and Toby Rush, CEO, at the Global Identity Summit in Tampa, FL, September 21-24.

Unlock every opportunity with Eyeprint ID - created by EyeVerify Inc. One look opens mobile devices, logs you into apps and secures your mobile payments.

Eyeprint ID transforms an ordinary selfie into a key that protects your digital life. This patented, software-only biometric solution is 99.99% accurate and extremely scalable. In less than one second, with no add-on hardware, employees and customers will experience password-free mobility and convenient, secure, private authentication.

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