Unique technology combines voice and facial recognition with passcodes for superior security
Xura, Inc. (NASDAQ: MESG), a leading provider of secure digital communications services, today announced it is working alongside SpeechPro to pilot their biometric technology and offer enterprise customers, particularly those in the Financial Services Sector, the ability to provide secure facial recognition and voice authentication within a mobile app, alongside, and in combination with, traditional passwords.
"Entering complex passwords or one-time passcodes into a mobile device to access an app can often be a frustrating experience," says Armin Barbalata, SVP, Secure Communications at Xura. "Using biometrics instead of traditional passwords or codes can remove this roadblock and improve the ease of use. In addition, the combination of face and voice biometric analysis increases the accuracy of authentication, and provides additional security when connecting to apps that contain confidential data."
By combining voice and face recognition, with the ability to detect facial movements and verbally enter a passcode, any business can securely authenticate transactions via strong voice and video procedures, which is especially relevant for financial sector services. This, used in combination with one-time passcodes sent via text message, means the user is heavily authenticated, with the level of authentication going up depending on the type / value of the transaction.
For example, a user can simply scan their face and voice using their smartphone's built-in camera and microphone to gain access to an account or message. This ensures a user is genuine, and prevents fraudulent log-in attempts. SpeechPro's VoiceKey OnePass software can be added to an app or website so that, under specific scenarios (high value money transfers), the customer must pass several unique live "anti-spoofing" tests in order to login. In cases involving a number of people sharing the same terminal, SpeechPro's technology can also recognise multiple users' identities.
Barbalata continues, "Security and user experience are often considered to be at odds with each other, but the use of biometrics, specifically face and voice recognition, actually makes it easier to log in, with a greater level of protection. While passcodes can still play a part in the login process, users no longer have to remember them or carry a dongle wherever they go."
"Combining SpeechPro's experience in voice intelligence and biometrics with Xura's experience in secure messaging and multi-factor authentication, has presented the opportunity for a new service quite unique to the marketplace," says Alexey Khitrov, President of SpeechPro, "We're excited for the future of face and voice biometrics, and look forward to a continued relationship."
The Xura / SpeechPro pilot will be demonstrated at Money20/20 Europe in Copenhagen, Denmark, from the 4th - 7th April. Drop by Xura's stand, K1, where we will be showcasing our award-winning solutions that enable rich and secure real-time engagement, which are already being used by some of the world's leading financial services organizations to have intelligent, multi-channel interactions with customers. To set up a meeting, please email events@xura.com
About Xura, Inc.
Xura, Inc (NASDAQ: MESG) offers a portfolio of digital services solutions that enable global communications across a variety of mobile devices and platforms. We help communication service providers (CSPs) and enterprises navigate and monetize the digital ecosystem to create innovative, new experiences through our cloud-based offerings. Our solutions touch more than three billion people through 350+ service providers and enterprises in 140+ countries. You can find us at Xura.com .
About SpeechPro
With over 20 years of experience, SpeechPro delivers best in class signal processing solutions. Headquartered in Saint Petersburg, Russia, SpeechPro's global distribution network spans over 200 resellers and partners worldwide with products deployed to over 74 countries. Our core expertise is in biometrics (face and voice authentication, identification and verification), noise cancellation, audio recording and forensic audio analysis. Visit us at speechpro-usa.com
Forward-Looking Statements
This press release includes "forward-looking statements." Forward-looking statements include statements of plans and objectives for future operations, statements of future economic performance, and statements of assumptions relating thereto. In some cases, forward-looking statements can be identified by the use of terminology such as "may," "expects," "plans," "anticipates," "estimates," "believes," "potential," "projects," "forecasts," "intends," or the negative thereof or other comparable terminology. By their very nature, forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause actual results, performance and the timing of events to differ materially from those anticipated, expressed or implied by the forward-looking statements in this press release. These risks and uncertainties discussed above, as well as others, are discussed in greater detail in our filings with the SEC. The documents and reports we file with the SEC are available through us, or our website, http://www.Xura.com , or through the SEC's Electronic Data Gathering, Analysis, and Retrieval system (EDGAR) at http://www.sec.gov .
Source: Xura, Inc.
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