BioConnect and VoiceVault partner to enable voice recognition with every day financial services applications
LAS VEGAS, NV (October 24, 2016) — BioConnect Inc., creator of the BioConnect Identity Platform and VoiceVault, Inc., which specializes in voice biometric identity verification solutions, have announced a partnership that will see VoiceVault’s voice recognition software added to the BioConnect Identity Platform mobile solution.
The smartphone today is a powerful tool – a ubiquitous device that enables people to do a whole host of everyday tasks with their financial services providers such as accessing applications where they manage their finances, making payments and communicating with call center representatives. All of these actions require some sort of identity verification to proceed with access, a transaction, or an account change. The BioConnect and VoiceVault partnership will transform identity verification; users respond to a short visual or audio prompt with their spoken voice as part of one central, scalable Identity Platform that encompasses multiple biometric types.
“Ease of use, security and fraud reduction are major drivers as to why we’re seeing changes to identity verification within every day, run of the mill banking applications,” said Bianca Lopes, Vice President of Strategic Marketing and Global Alliances for BioConnect. “VoiceVault has a brilliant track record and a sound voice recognition technology that will provide enterprise clients with ease of use, scalability and ultimately, greater choice by being a part of the BioConnect Identity Platform.”
“We’re very excited to announce our partnership with BioConnect today. A platform approach to enterprise authentication will free enterprise customers from the ‘integration nightmare’ they often face adopting new technologies.” Said Julia Webb, Vice President of Sales and Marketing for VoiceVault. “By adding VoiceVault to the BioConnect Identity Platform, we’re providing the security and convenience that comes with our trusted voice recognition platform that has already been deployed to millions of consumers in over 40 countries.”
BioConnect will be providing a use case demonstration during the Demos & Announcements Track at Money20/20 in Las Vegas on October 25th at 5:30pm. More information is also available at VoiceVault’s booth, #1433.
BioConnect is a technology company with a fundamentally different approach to "identity." The BioConnect Identity Platform provides secure, frictionless biometric authentication that works across any channel. BioConnect’s team strongly believes in the importance of flexibility and consumer choice in verifying identity. Consumers want to decide whether to capture their fingerprint, be prompted to speak, scan their eyes, or enter a password. Merchants and banks also need choices in the way that consumers are authenticated – from who you are to what you do, anywhere across the globe, using any device. By broadening the universe of authentication options, BioConnect provides a level of trust that does not yet exist in the market today. Learn more at www.bioconnect.com.
VoiceVault is a leading provider of voice biometrics with expertise in delivering identity verification solutions to the financial services market. To date, the company’s voice biometric solutions have helped secure billions of dollars in money transfers, wires and ACH payments in 40 countries around the globe. The customer centric solutions are designed around the premise that speaking is convenient and natural and that no two voices are exactly the same. For more information, visit www.voicevault.com.