News and insight into biometric identification and authentication

Voice Commerce joins Visa Europe as a principle member

Thursday, April 8, 2010

Voice Commerce Group, a financial services company and developer of voice-based biometric authentication technology, has announced its application to become a principal member of Visa Europe has been successful.

The admission into Visa Europe means that Voice Commerce will now be able to provide payment services to businesses in addition to providing services such as biometric transaction authorization. [end] 

Google is looking to bring its contactless mobile payments service to the UK in time for the 2012 Summer Olympics, according to eWeek Europe.

Google Wallet, which enables customers to pay, redeem coupons and earn loyalty points all with a single tap of an NFC-enabled phone, could be tested in the UK as early as the first quarter of 2012. French newspaper Les Echos says the company is currently in talks with British banks, retailers and distributors.

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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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Visa Europe is anticipating a big year for contactless and NFC payments, with issuance projected to leap from 30 million in 2011 to 50 million in 2012.

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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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Visa Europe has announced that six of Germany’s leading banks are launching Visa payWave contactless services in 2012.

BW Bank, comdirect, DKB, Landesbank Berlin, TARGOBANK and Volkswagen Bank have all confirmed their plans to roll out payWave technology by the middle of next year.

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Visa Europe has announced that NFC-enabled smart phones from Samsung, LG and Research In Motion have been certified for use with Visa payWave, Visa’s mobile application for payments at the point-of-sale.

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