While fingerprint recognition has tended to see strong growth and revenues in the past, new biometric modalities like vein, iris, and facial recognition are seeing “strong adoption across industries,” according to Frost & Sullivan TechVision Senior Industry Analyst Swapnadeep Nayak. That’s one of the key findings in Frost & Sullivan’s new report, “Cybersecurity Innovations in…
“We live in a post-breach world, where usernames and passwords are defunct”. Faulkner added that Nok Nok Lab’s FIDO-compliant solutions allow ThreatMetrix to offer customers “the industry’s most comprehensive approach to authenticating users securely and with minimal friction.”-Alisdair Faulkner, Chief Products Officer, ThreatMetrix Nok Nok Labs and ThreatMetrix have joined forces to enhance the authentication capabilities…
“Sensory says the facial recognition technology performs authentication in less than a second and is 99.999 percent accurate, and that it operates entirely on the device, helping to ensure that the user’s biometric data is kept safe.” The facial and voice recognition capabilities of LG’s newest flagship smartphone – the LG V30 – are powered…
“Daon’s IdentityX technology has proven popular as numerous companies — particularly in the financial services sector – have sought to easily integrate biometric authentication into their digital platforms and services.” Daon has found a new client partner for its IdentityX multifactor authentication platform. The company has announced a deal with Kony, an enterprise-focused app development…
Sensory, Inc. has tailored its AI avatar technology to create a virtual bank teller for mobile devices, and will demo the solution at FinovateFall 2017. The solution features all of Sensory’s flagship software solutions. The company’s TrulyHandsfree device activation technology ensures that the system will respond to the user’s voice prompt, while its TrulyNatural speech…
LG’s next flagship device, the V30 smartphone, will feature always-on facial and voice recognition, enabling hands-free biometric unlock for users. The former feature, at least, appears to anticipate Apple’s next iPhone, with rumors swirling that that device will feature a facial recognition feature (called ‘Pearl ID’) that could scan users’ faces even when it’s lying…
The BBC has been experimenting with a voice recognition system for its iPlayer, its digital service allowing TV subscribers to access BBC programs online. The British media organization has built a proof-of-concept prototype designed to allow subscribers to log into their iPlayer accounts just by speaking, and to search for BBC content by voice command,…
InAuth and AimBrain are joining forces to bring sophisticated, multimodal biometric authentication to the financial services sector. The former’s InMobile platform is designed to analyze the attributes of a given user’s device for authentication. Earlier this year, InAuth announced that it was bringing biometric authentication to the platform, allowing users to take advantage of the…
Fujitsu and ImageWare are expanding their partnership, the companies have announced. The news comes soon after Fujitsu became a reseller of ImageWare’s biometric security products and services, integrating its facial and voice recognition technologies into its Fujitsu Cloud Service K5 solution. But the companies had worked together before, having initially entered into a partnership several…
Nuance‘s voice recognition technology has been integrated into a radiology workflow solution called Avreo Cloud VR, part of a larger platform called interWORKS RIS/PACS. The solution offers single sign-on to radiologists. In a statement announcing the integration, Avreo also said the technology allows radiologists to “quickly and reliably create interpretations using cloud-based speech technology”, wherever…
Mozilla is building an online voice library to train AI systems. Called Project Common Voice, the aim is to collect voice samples from people around the world. Mozilla announced it alongside a slew of other initiatives aimed at ‘raising awareness for internet health’, including a live event that will tackle the FCC’s effort to end…
The Financial ID Briefing brings you top highlights from the world of biometrics, mobile ID, and finance. It is powered by FindBiometrics and Money20/20. Banking With a Selfie in Argentina ICBC, the largest bank in the world by asset volume, recently embraced facial recognition based security at its Argentinian subsidiary. The biometric security comes via…
Consumer-facing speech and voice recognition technology has improved by leaps and bounds in recent years, thanks in large part to innovations like Apple’s Siri AI assistant and Amazon’s Alexa platform. Operating primarily in the smartphone and smart home domains, respectively, these solutions have helped to shift consumer attitudes, with end users increasingly coming to appreciate…
Money20/20 Europe kicked-off this morning in Copenhagen with keynotes from major names in global FinTech discussion how the industry is dealing with unprecedented innovation in connectivity, mobility, and commerce. Among the tech celebrities to take the stage was Jack Dorsey, CEO and founder of Square (who also happens to be the CEO of social media…
A London-based startup offering a multimodal authentication service has raised £4 million in a Series A funding round. Called AimBrain, the startup’s eponymous platform combines facial and voice recognition with behavioral biometrics, analyzing patterns in how users type, grip their devices, and so on, for added authentication. The funding round was led by BGF Ventures, and…
In partnership with STC Group and SITE Technology, the American University of Science & Technology (AUST) has opened a new biometric forensics laboratory in Lebanon. The lab opened with introductory lectures and workshops led by representatives from STC, which offers biometric technology, specializing particularly in the area of voice biometrics. And the company says that…
The Financial ID Briefing brings you top highlights from the world of biometrics, mobile ID, and finance. It is powered by FindBiometrics and Money20/20. The Obstacle of Technophobia A new research report from HSBC, Trust in Technology, asserts that the biggest obstacle facing the mainstream adoption of biometrics in FinTech is consumer technophobia based on…
Consumer biometrics hinge on premium user experience. While the proposition of biometrics has always been higher security with greater convenience, the second half of that equation weighs heavier when it comes to consumer adoption. Fingerprint or selfie based security on a given device must be more convenient and comfortable to use than a password, PIN,…
The biggest obstacle to mainstream adoption of advanced new FinTech is a lack of understanding on the part of the customer, suggests HSBC in a new research report. Entitled Trust in Technology, the report is based on surveys of a little over 12,000 respondents across Canada, China, France, Germany, Hong Kong, India, Mexico, Singapore, the…
Google has achieved human parity in its speech recognition technology, according to the latest entry in Kleiner Perkins’ annual Internet Trends report, delivered by the firm’s Mary Meeker at last week’s Code Conference in California. Defining an accuracy rate of 95 percent as the ‘Threshold for Human Accuracy’, the report indicates that Google has now…
“…VoiceVault says [VoiceVault Fusion 9] has new tools – called ‘Cryptocode’ and ‘CRDate’ – to protect against synthetic speech attacks.” VoiceVault has announced an upgrade of its voice biometrics engine. VoiceVault Fusion 9 offers a renovated user interface and a flexible deployment option allowing for on-device, cloud-based, or hybrid implementations of the system. It also utilizes…
A BBC reporter is drawing attention to the vulnerabilities of HSBC’s voice authentication system for customer calls, asserting that his non-identical twin brother was able to gain access to his account by mimicking his voice. Commenting on the matter, the reporter noted that the “really alarming” aspect of the fraud is that the system allowed his…
“Sensory has developed some of the best demonstrations of how AI solutions, such as natural language, computer vision, biometric wake words, and more can be implemented on the edge.” – Laurence Bryant, VP, ARM Sensory Inc.‘s voice-based technology is now available on ARM Cortex-M and Cortex-A processors, the company has announced. Both processor core lines…
Nuance Communications has now officially expanded beyond the voice biometrics domain that has been the company’s specialty with the announcement of a new multimodal platform called Nuance Security Suite. While voice recognition still plays an important role, the platform also incorporates the behavioral biometrics technology provided to Nuance through its recent partnership with BioCatch. That…
“Sensory has also enhanced its liveness detection algorithms to the point of “nearly eliminating” the possibility of spoofing with photos or video, according to a statement from the company.” Sensory has upgraded its TrulySecure biometric authentication platform. The company says the system, which is designed to identify subjects based on a combination of facial and…
Last week at FindBiometrics we opened the door on Physical Access Biometrics Month with a webinar announcement and a primer on the topic, while fingerprints made headlines with smartphone integrations and more. The industry news was filled with company expansions and acquisitions, reports on everyday biometrics, and big FinTech stories. Take a look back on last week’s top…
STC Group subsidiary SpeechPro is going to show off its VoiceKey biometric technology at this week’s Finovate Spring 2017 conference, the company has announced. In particular, it’s going to show off its VoiceKey.AGENT and VoiceKey.FRAUD systems, which are aimed at call center applications. The company recently announced upgrades for both systems. VoiceKey.AGENT applies voice biometrics…
HSBC has enabled voice-based authentication for customers in the US. Called Voice ID, the system uses voice biometrics for authentication, with a given customer needing only to repeat a passphrase to confirm their identity. In a statement announcing the system, HSBC US Head of Direct Channels LuAnne Kingston emphasized the superiority of this kind of biometric…
Google is enabling voice recognition for its smart home AI assistant. It isn’t being used for authentication purposes, but rather to allow users to set up multiple accounts for voice interaction with the same device. In other words, once configured, Google Home can tell who’s talking, and will tailor its responses to that person’s preferences.…
The Financial ID Briefing brings you top highlights from the world of biometrics, mobile ID and finance. It is powered by FindBiometrics and Money20/20. Samsung Pay Launches in UAE Samsung Pay has come to the United Arab Emirates. Initially arriving via an early access program, Mastercard quickly announced its support for Samsung’s contactless mobile wallet in the…
Japan’s Sumitomo Mitsui bank is getting ready to launch a mobile biometric authentication app developed in collaboration with NTT Data Corporation and Ireland-based Daon. The work was first announced last autumn, with the organizations planning to leverage Daon’s Identity X Platform, a multimodal biometric authentication system that has seen other successful mobile deployments in partnership…
Last week at FindBiometrics we brought Mobile Biometrics Month to a close as we prepared to head to Las Vegas for this week’s ISC West conference and exhibition from which we will be reporting live. There was a ton of news activity in the realm of fingerprints, Samsung launched its multimodal Galaxy S8 handset, and…
“…STC Head of Product Development Sergei Chekhovskikh said that solutions based on the platform ‘are relevant for financial organizations, insurance and telecom companies, as well as a variety of firms that utilize remote customer services.’” STC Group has announced an upgrade of its VoiceKey speaker identification platform for call center applications. The system now features…
“Citi says it has reached its goal of getting a million customers to enroll in the voice authentication program about two months ahead of schedule…” Citibank has now brought voice authentication to a million customers in the Asia Pacific region, the bank has announced. The system operates via the bank’s call-in lines, passively identifying customers…
Almost half of USAA’s mobile users are taking advantage of biometric authentication to log in on their phones, reports San Antonio Business Journal. The technology comes by way of Daon and its IdentityX platform, offering users the choice to authenticate via fingerprint scan, or facial or voice recognition. USAA, a bank focused on serving the…
Last week at FindBiometrics we continued to take a deep dive into the evolving world of connectivity and biometrics with our Mobile Biometrics Month 2017 coverage. The industry news was filled with more fingerprint innovation as we posted our recent interview with FPC CEO Christian Fredrikson, and the week’s headlines were rounded out with the…
PayPal may be looking into voice recognition to enable more digital commerce use cases in the near future, if a new post-MWC blog post offers any hints. Looking back on last week’s event — for which we featured extensive firsthand coverage — PayPal Head of Global Initiatives Anuj Nayar notes two dominant trends. One is the Internet…
A rising number of organizations have been enjoying the administrative benefits of voice-based authentication in the contact center, but new survey data is now affirming that customers like it, too. The data comes from enterprise software provider NICE, which surveyed 900 customers across India, Indonesia, the Philippines, Singapore, Hong Kong, and Australia. Announcing its results,…
Samsung SDS is celebrating its big win at this week’s Mobile World Congress. The Korea-based company won a Global Mobile Award (or ‘Glomo’ Award) in the category of Best Mobile Security or Anti-Fraud Solution, for its Samsung Mobile Security Management Suite. The platform brings biometric authentication to enterprise mobile management, supporting voice, fingerprint, and facial…
NICE has announced an enhanced version of its Real-Time Authentication solution. The platform is designed to offer natural voice recognition for call-in center applications, identifying customers in an entirely passive manner, without the need to go through tedious security questions and passcodes. The platform received the 2016 Kachina Award from Saddletree Research last autumn, and also…
ImageWare and SAP will show off the integration of the former’s GoVerifyID biometric identity solution into the SAP HANA Cloud Platform at next week’s Mobile World Congress event. The integration was first announced late last summer. It enables multi-modal biometric authentication for applications running on the SAP HANA Cloud Platform, leveraging fingerprint, facial, and voice…
Last week at FindBiometrics our Healthcare Biometrics Month coverage continued as we prepared for this week’s HIMSS conference in Orlando, Florida. The industry news was filled with big contactless modality news too, while we saw innovations in IoT ID and biometric border control. Here’s a look back on all of last week’s top stories in…
“Nuance says the solution has already helped one major UK bank reduce account takeover by 59 percent within 30 days of its implementation…” Nuance is integrating BioCatch‘s behavioral biometrics technology into its platform, the companies have announced. The aim is to boost the fraud detection capability of the Nuance Security Suite, which is primarily based…
February is Healthcare Month at FindBiometrics. Last week we started our focused coverage with a primer on this month-long topic, and it became clear that the most visible area of application for biometrics in the health space is patient ID and electronic health records. But biometrics do have uses beyond properly managing patients, cutting down…
FST Biometrics‘ In Motion Identification (IMID) access control system has been deployed at Bel-Air Bay Club, a private beach club in California’s Pacific Palisades neighborhood. The IMID system—which automatically identifies individuals based on an innovative combination of facial recognition and behavioral biometrics, including gait recognition—has been integrated with the Bel-Air Bay Club’s own membership management system,…
MIT researchers are working on a wearable AI system that could help to guide people with autism spectrum disorder (formerly known as Asperger’s disorder) and social anxiety through everyday conversations, reports MIT News. The aim is to develop a system that could advise users of the emotional tone of a given conversation, all from the…
Researchers are exploring how voice biometrics could offer clues into clinical conditions like Post Traumatic Stress Disorder (PTSD) and heart disease, reports MIT Technology Review‘s Emily Mullin. A team at New York University’s Langone Medical Center, led by psychiatry head Charles Marmar, is working on machine learning algorithm software that can detect vocal patterns related…
Digital security firm InnerCore has integrated Sensory Inc.‘s TrulySecure technology into its solutions portfolio. That means InnerCore customers now have access to Sensory’s face- and voice-based biometric authentication for their apps. In a statement announcing the integration, Sensory CEO Todd Mozer emphasized the importance of partnerships with value added resellers like InnerCore, which offers its…
Last week at FindBiometrics we began to unpack the results of our 14th annual Year in Review survey. Meanwhile, the industry news was filled with mobile device integrations, contactless modality innovations, and encouraging predictions for the year ahead. Here is a look back on last week’s top stories in global identity management: Year in Review…