News and insight into biometric identification and authentication

TD Waterhouse unveils voice biometrics for customers

Thursday, August 14, 2008

TD Waterhouse, a discount brokerage firm, has implemented a voice recognition system that records specific and unique qualities of a client’s voice as a means of securely identifying the individual, according to an Investment Executive article.

The new system, called Voice Print System, enables Waterhouse customers to make a voiceprint over the phone. The data collected from their voice is translated and encrypted into a mathematical representation and stored in a database to as a means of future identification. Other financial institutions have been implementing similar systems in an effort to reduce the amount of time a customer service representative spends manually identifying a customer.

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Auraya Systems announced the commercial release of its voice authentication solution called ArmorVox Speaker Identity System.

The solution, which was developed for system developers and call centers as either an enterprise or cloud-based solution, fuses text-independent and text-dependent voice-verification that automatically detect languages.

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HP partnered with Anakam to offer a cloud-based system for identity vetting and credentials. Bryan Maybee, a solutions architect at HP, says the system can be used by the public or private sector for registering individuals to online services.

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VoiceTrust announced it has been awarded a grant from the Dutch Ministry of Foreign Affairs and Development Private Sector Investment (PSI) Program to roll out biometric identity systems in Pakistan.

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On the heels of the European Union’s plan to require businesses to notify customers when data breaches occur, pattern based authentication provider GrIDsure has teamed up with European law firm Field Fisher Waterhouse to publish a white paper on compliance of user authentication in European IT environments.

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ValidSoft partnered with Opus Research and released a report titled “Voice Biometrics Authentication Best Practices: Overcoming Obstacles to Adoption” that predicts the technology will be deployed in payment authentication assuming the best practices it lays out are followed.

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Researchers in the U.S. are working towards a system that can detect if someone is lying as well as if they are angry or drunk by their voice alone, according to a Homeland Security News Wire article.

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