Persistent Systems and ValidSoft Partner on Digital Voice Authentication Capabilities
Persistent Systems and ValidSoft have jointly developed a secure digital voice authentication solution for continuous user validation, integrated with Persistent's banking solutions.
As part of the Persistent Digital Bank Solution, Persistent will leverage ValidSoft's Precision Voice Biometrics to ensure strong identity assurance for all individuals transacting on their platform.
"Together Persistent and ValidSoft are delivering next-generation technologies to enable digital banking solutions to organizations globally," said Pat Carroll, CEO and executive chairman of ValidSoft, in a statement. "Banking is undergoing significant business transformation as new and ever-evolving digital communication channels are embraced. As always, the consumer experience is paramount, and guaranteeing the integrity of the transaction is vital. Identity Assurance provides users confidence in the fidelity of their transactions as speech becomes the new user interface of choice for the initiation of sensitive, high-value transactions."
"Voice as a primary user interface obsoletes traditional authentication models. Speaker identification (i.e. voice biometrics) is a fundamental requirement for this new type of engagement," said Jaideep Dhok, general manager of banking, financial services, and insurance at Persistent Systems, in a statement. "Speed, accuracy, and precision are the crucial competitive differentiators. As always fraudsters and hackers will use ever-increasing sophistication and insidious attacks that require advanced defense capabilities, such as replay attack and synthetic attack detection. ValidSoft leads the world in these capabilities, and we are delighted to be partnering to bring these solutions to market."