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South African TransUnion partners OneVault for biometric voice bank

Thursday 2 April 2015 10:36 CET | News

South African credit-reporting company TransUnion has revealed plans to develop a national “Voice Bank” of voice biometric prints.

In partnership with biometrics company OneVault, the national voice bank claims to reduce call-handling times for organisations that employ voice biometrics and improve customer and agent satisfaction.

TransUnion cites global studies that suggested users experience approximately 80% faster authentication via voice biometrics, with approximately 90% of users preferring the solution.

South Africa, like the rest of the world, is encouraging transactions and product applications to shift online, but consequently is seeing a boost in identity theft and in card transaction fraud. Consumers are increasingly vulnerable and technologies such as voice biometrics provide additional security measures that help address these concerns.


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Keywords: biometrics, applications, online security, web fraud, digital identity, authentication, voice bank, TransUnion, OneVault, South Africa
Categories: Fraud & Financial Crime
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Countries: World
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Fraud & Financial Crime






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