HYPR introduction
HYPR provides distributed biometric encryption to ensure passwordless authentication across desktop, mobile and IoT systems. Its headquarters are in New York. HYPR is able to provide a neutral one-stop platform whose technology allows enterprises to deploy and scale interoperable biometric authentication to millions of users. HYPR's distributed authentication method stores credentials securely on the user's device, avoiding centralized storage of customer credentials as a single point of failure. Businesses can greatly reduce their attack surface, better fraud protection, fewer password resets, and lower customer service costs. Aggregating biometric data in this way, and making it available at scale, has helped HYPR build a competitive moat in an emerging but growing category.