News about Voice recognition.
April 10th, 2017
Customers of Australia’s ANZ bank will soon be able to make higher value transactions on their mobile devices by authenticating the payment using their voice. “Previously customers needed to use internet banking or visit a branch to complete transactions of more than $1000,” ANZ says. The bank is using technology supplied by Nuance to enable the feature, which will be trialled by ANZ employees in May, with a wider rollout planned “from the middle of this year”.
March 27th, 2017
More than half of UK consumers (56%) would prefer to use a biometric security method over traditional options like passwords to log into their financial accounts online, research released by Equifax reveals. 33% would prefer to use fingerprint recognition, 31% would like to use iris scanners, 7% facial recognition and 3% voice recognition.
December 12th, 2016
An update to US bank Citi’s mobile banking app allows customers to log in using a range of biometric authentication methods, including fingerprint, voice and facial recognition. “Citigold and Citi Priority clients may choose among five modes of authentication,” Citi says, including traditional PIN and password options.
December 2nd, 2016
More than 600m mobile devices worldwide will include biometric authentication within the next five years, up from 190m in 2016, with demand for methods that involve less hardware raising the profile of solutions such as…
December 1st, 2016
A facial biometric authentication service for money transfers has been launched by Korea International Trade Association subsidiary Korea Trade Network (KTNET), in collaboration with biometrics provider Daon and the Korea Smart Authentication Corporation. “This jointly developed facial recognition service can be applied to most smartphones equipped with a selfie camera,” The Korea Herald reports. In addition to mobile apps, BioCA can also be applied to immigration checkpoints at airports, keyless automobiles and property entrances. The service is built on Daon’s IdentityX solution and will also support fingerprint and voice recognition.
November 23rd, 2016
One in three new cars will feature some form of biometric feature by 2025, a report by Frost & Sullivan’s Intelligent Mobility team predicts, with partnerships between automotive OEMs and wearable providers resulting in faster…
November 23rd, 2016
Dutch mobile-only bank bunq is to offer customers using its app 4 Fingers TouchlessID hand recognition software, developed by US biometrics authentication solutions provider Veridium. The system captures four fingerprints at once offering, the pair says, “a higher level of precision and reliability for authentication than other biometrics such as face, voice or a single fingerprint”.
November 14th, 2016
Visa is working with biometric identity platform provider BioConnect to enable multiple methods of biometric authentication through a single mobile app. This means that if the consumer’s default biometric authentication method fails, they can use…
September 23rd, 2016
Samsung’s IT service arm Samsung SDS has teamed up with vision and voice technology provider Sensory to offer embedded biometric recognition technologies to banks and enterprise customers that will also enable authentication and completion of…
July 27th, 2016
The Payments Association of South Africa (PASA) has unveiled a new standardised specification to facilitate biometric authentication on payment cards.
July 14th, 2016
More than two thirds (68%) of European consumers want to use biometrics as a method of payment authentication, research from Visa reveals, and 73% see two-factor authentication as a secure way to confirm an account holder’s identity.
June 2nd, 2016
Customers of Gulf Bank Kuwait can now log in to their mobile banking app by scanning their face or fingerprint through mobile biometric technology provider Daon’s IdentityX platform. “Daon’s IdentityX platform provides fingerprint, face and voice recognition, along with other authentication factors which will provide convenient, fast, secure authentication for Gulf Bank Kuwait’s customers,” Daon says.
May 26th, 2016
More than half of US and UK consumers (52%) prefer to log in to online accounts using “modern authentication methods”, research from Gigya reveals, including 29% who favour two-factor authentication and 20% who prefer biometric authentication.
April 27th, 2016
Customers of Canada’s Tangerine Bank can now log into its mobile banking app for iOS by authenticating themselves with their iris or voice. The bank is using technology supplied by EyeVerify and Nuance’s VocalPassword for the service, which will be supported on the Android platform in the coming months.
March 22nd, 2016
Santander customers in the UK with an Apple iOS device will soon be able to use their voice to interact with their SmartBank mobile banking app in order to make payments, retrieve information such as…
January 13th, 2016
More than half of UK consumers (54%) are willing to authorise payments using biometric technology, research from Experian shows. Accessing online accounts (64%) topped the list of services people are most willing to use biometric…
December 17th, 2015
Customers of Atom Bank will be able to access their mobile banking app using face and voice recognition when the online banking startup launches in 2016. “Present your face to view your balance or say a few words to transfer some money,” biometrics software company Daon says. Atom is also planning to add fingerprint verification and will use Daon’s IdentityX mobile biometric authentication platform for the service.
November 5th, 2015
US startup Hiku Labs has signed up retail giant Walmart and online grocery service Peapod for a service that lets shoppers scan or speak items onto a mobile shopping list via a US$49 device that…
October 8th, 2015
Scotiabank-owned direct bank Tangerine is reportedly experimenting with facial recognition technology on mobile devices. “The bank was the first in Canada to allow check deposits by taking photos with mobile phones in 2013 and to use fingerprint scanning and voice-enabled banking,” Bloomberg reports. “Tangerine is now delving deeper into such biometric technology to improve customer experience and security.”
October 5th, 2015
Shipments of fingerprint sensors for smartphones are expected to reach 1bn units by 2020, representing a 17% compound annual growth rate (CAGR), according to ABI Research. “Other biometric modalities like face, voice and eye-based recognition are currently moving out of the fledgling phase and are to be integrated as highly-secure — albeit more expensive — biometric capabilities in smartphone devices with a five-year CAGR revenue growth of 144%,” the company says.