COSTA MESA, Calif. — Experian announced a technology-sharing and marketing-referral agreement with U.S. Biometrics, a biometric technology software company. Under the agreement, the companies will refer each other's products and services to existing clients as well as pursue joint product-development efforts.
"We're working to provide the market with the most cutting-edge and effective solutions for their authentication requirements," said Gary Kearns, president of Experian's Decision Analytics. "Authentication based on data and analytics as well as biometrics is the best step to ensure multifactor authentication. Having the products integrated will better serve the client and their customers."
The initial joint offering will include Experian's Knowledge IQ powered by Precise ID, featuring challenge-based questions and U.S. Biometrics' authentication product, Qrl. The integration will result in the essential component of positively identifying an individual during an enrollment process at a teller location, for online services or during other remote-access interfaces. Once the identity is verified and enrollment proceeds, a fingerprint is captured that can be used for ongoing identity verification purposes.
