Face it: Zoloz tech lets you to pay with a smile

October 27, 2017  |  Bobby Burch

Image by Zoloz

With a recently revealed new brand and broader strategic focus, Kansas City-based Zoloz is expanding its biometrics security offerings to include another unique human attribute: a user’s face.

Formerly known as EyeVerify, Zoloz unveiled three new products — Zoloz Connect, Real ID and Smile — that CEO Toby Rush said will ensure trust and security for millions of people who conduct important transactions online. The products are an extension of EyeVerify’s original security offering — the EyePrint ID, which verified identity by scanning a user’s eyes — but will also employ facial recognition and optical character recognition technology.

As more security breaches make headlines, Rush said, the company aims to make trust and verification easier for users across the globe.

“Each day, we are asked the question, ‘Who are you?’ digitally, and we’ll be asked this question multiple times a day for the rest of our lives,” Rush wrote. “We are also now using more complex and sophisticated devices and services than ever before, like mobile banking and payments, that makes it more challenging to secure our sensitive information online.

“Our platform helps solve this challenge and answers this question, in all scenarios, regardless of the type of technology, in a way that gives people maximum privacy and control. We are on a mission to make it simple to be known, trusted and safe in the digital world.”

Here’s more on each of the products.

  • Zoloz Real ID — combines biometrics security technology, “spoof detection” and optical character recognition. Biometric security analyzes the unique characteristics of a person, such as one’s voice, iris or fingerprints. Spoof detection — also called “liveness” — entails a user responding to a challenge, such as blinking on cue, which is an action impossible for a static image a fraud might use. Optical character recognition transforms a picture of an ID card into text that can be compared against a database for name and identity verification.  

  • Zoloz Connect — allows users to create cloud-based digital identities that can be used across apps, eliminating the need for passwords. To verify identify, it taps the Zoloz Real ID, combining biometrics, “spoof detection” and optical character recognition.

  • Zoloz Smile — allows businesses to verify customers’ identity with a smiling facial scan and phone number. Zoloz Smile uses the camera in a machine such as a kiosk, vending machine, monitor, ATM or another device, to scan the customer’s face and match it against an existing profile. It combines facial recognition with anti-spoof technology to provide biometric authentication.

The tools will first be made available in China, the headquarters of Zoloz’s parent organization, Ant Financial. The rollout strategy hopes to meet the growing market demand for trusted identity solutions in China where more than 200 million people use Zoloz’s technology, Rush said.

In September 2016, Ant Financial — the payments affiliate of Alibaba Group Holding — purchased EyeVerify for more than $100 million. The deal is one of Kansas City’s most notable exits in the past decade.

Founded in 2012 as EyeVerify, Zoloz has more than doubled its staff headcount in the past year. The firm now has more than 120 employees across its Kansas City, San Francisco, Beijing and Singapore offices.

To learn more about Zoloz’s new strategy and products, check out the video below.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , ,
Featured Business
    Featured Founder

      2017 Startups to Watch

        stats here

        Related Posts on Startland News

        Mark Davis, RealQuantum

        Real estate tech firm RealQuantum moving from bootcamp to LaunchKC stage

        By Tommy Felts | October 11, 2018

        Lacking the sex appeal of tech and other high-growth, super-charged industries, the world of commercial real estate is ripe for change, said Jeff Weiner. LaunchKC competitor RealQuantum is ready to modernize that landscape, he said. “Serving a critical need that doesn’t really get a lot of attention is a really smart place to be and…

        Davyeon Ross, ShotTracker

        ShotTracker benchmark: KC tech gets waiver to be used courtside by coaches at Hall of Fame Classic

        By Tommy Felts | October 9, 2018

        A score in the basket of history, Merriam-based ShotTracker has landed another monumental first, the company announced Tuesday, further positioning it as a leader in the Kansas City tech space. “ShotTracker is proud to drive this next stage of growth in college basketball,” Davyeon Ross, co-founder and COO said of the company’s latest NCAA collaboration…

        Sprint Accelerator founder teases plans for ‘innovation district’ to fill Jazz-to-Crossroads gap

        By Tommy Felts | October 9, 2018

        Kevin McGinnis sees potential in the creativity gap along the 18th Street corridor that connects the Jazz and Crossroads Arts districts, he said. The former Sprint executive and founder of the Sprint Accelerator teased plans Tuesday for a collaborative innovation district that could bridge societal gaps and further develop community in the startup ecosystem. “I’m…

        kickoff party

        Techweek KC taps into thirst for community at Boulevard kickoff party (Photos)

        By Tommy Felts | October 9, 2018

        Revelers networking Monday night at a kickoff party for Techweek Kansas City were so lost in conversation that they frequently had to be reminded of the open bar available to them at Boulevard Beer Hall. The evening event capped the first day of Techweek KC programming, which ran the gamut from a KC Mayoral Tech…