News and insight into biometric identification and authentication

PerSay enters partnership with software firm

Friday, November 21, 2008

PerSay, a developer of voice biometric technologies, has entered into an agreement with Greek financial, banking and telecommunications software developer Exodus, according to a TMC Net article. The partnership will enable Exodus to improve their products by incorporating voice recognition from PerSay to create more secure authentication for users.


PerSay’s technology is both language and accent independent and operates on one of three methods; VocalPassword, FreeSpeech or Speaker Identification and Detection. Each method requires some different input from the user as VocalPassword requires a simple spoken passphrase or password, FreeSpeech verifies solely off of the voice pattern and requires no password to be spoken and Speaker Identification and Detection which targets a specific voice within a large number of other voices without any necessary passwords spoken.

As voice recognition is seeing increasing use in financial industry telephone-based customer service, Exodus is excited to be able to offer biometric options to their customer base. Additionally, PerSay is seeing this new partnership as a great opportunity to break into the markets in Greece.

Read the full story here [end] 

PerSay, a developer of voice-based biometrics, has announced the deployment of one of its voice biometrics systems to Bank Leumi, a international business and private banking company, to be utilized as the first Web-based eBanking site that relies on voice biometrics for password reset functions. While PerSay has seen some success in the adoption of their products for call centers in the financial industry, this is a different application for the company’s technology.

read more »

Wireless chip maker Broadcom is buying out Innovision Research & Technology for $47.5 million, according to businessweek.com.

Broadcom has reportedly acquired the short-range data communications company specifically for its NFC products and technology.

read more »

Silicon Valley-based Cimbal has announced the public launch of its software-based NFC payment network. The network, which the company claims is the first of its kind in the world, enables secure payment and peer-to-peer transactions using a smart phone instead of a plastic card.

read more »

Global Rainmakers Inc. (GRI), an intellectual property holder and research and development laboratory, has announced it has entered into an agreement with Holland-based technology distributor and installer Hacousto Group to market the company’s iris-recognition security system to Belgium, the Netherlands and Luxembourg. Global Rainmakers is hoping the new agreement will allow them to better enter into the European marketplace.

read more »

PerSay, a developer of voice-based identification authentication solutions, has announced the availability of new functionality available for use on Apple devices, such as the iPhone, iPad and iPod Touch. The new technology, called VocalPassword, is designed to replace virtual keyboard use for filling in user names and passwords with voice-based authentication of the user.

read more »

M2SYS Technology, a developer of biometric technology solutions, has announced it has reached a partnership agreement with Boriana Ltd. that will see Boriana distributing M2SyS technology.

read more »