The financial services market has been using voice biometrics now for some time, but Phoenix based credit union Desert Schools Federal Credit Union is the first to deploy the Finivation software VoiceVerify. The voice verification solution will be rolled out initially for 24/7 password resets, followed by " out-of-band authentication for transfers." Interestingly, this...Read more
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Tell the truth and shame the ATM.
NDTV reports that Sberbank, Russia's biggest retail bank, has rolled out a lie detecting, fraud preventative ATM. Customers are able to apply for a credit card without engaging in any human interaction. The machine: " ... scans a passport, records fingerprints and takes a three-dimensional scan for facial recognition. And it uses voice-analysis software...Read more
Fraud and Cyber Crime still winning.
Two articles in the BBC news directly relate to the ongoing need for greater security, awareness, and preparedness in today's world. The National Fraud Authority states that identity fraud in the last year cost £ 1.2 billion, and that fraudsters obtain more than £1000 from every identity they steal. These are shocking statistics. Dishonest...Read more
Try not to fidget…
As some of you might know, the 2010 Biometric Consortium Conference and Biometric Technology Expo is finishing up today in Tampa, Florida. Among the huge amount of new advances being made in the field of biometrics, the Department of Homeland Security has stepped up a biometrics monitoring system, incorporating behavioural psychology and observation. The...Read more
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