November 5, 2013 -
NXT-ID has announced the development of its Voicematch algorithm for mobile platforms.
According to the company, the algorithm was originally planned to be fully released in Q3 2014, but development happened quicker than expected, which has prompted an earlier release. The new technology is capable of recognizing both speakers and specific words and can run on low-power devices.
“What’s amazing is the accuracy that we are achieving with this new voice recognition algorithm with very low power requirements,” David Tunnell, CTO of NXT-ID said. “The efficiencies of this product makes biometric authentication possible for a number of mobile and wearable applications where low-power is paramount.”
NXT-ID says it’s developed the new app as a multi-factor element for its MobileBio suite of products, including the Wocket – its biometric wallet technology. It is said to run on Android, iOS, and traditional PC platforms.
“We are extremely excited to enable speaker recognition as a multi-factor authentication method for mobile and wearable devices, as speaking is a very natural way to be authenticated,” Gino Pereira, CEO of NXT-ID said. “Apple has validated the use of biometrics on mobile platforms by the use of fingerprint scanners on its latest products. Voice authentication is the next step forward.”
Reported previously, NXT-ID recently filed a patent application for its biometric wallet technology, called the Wocket.