December 6, 2013 -
According to the two companies, the particular products being used in the relationship are from AGNITiO’s KIVOX line, designed for one of Dictao’s banking clients.
“We believe in the power of Voice iD to advance the use of the spoken voice to create a reliable and user-friendly mobile banking experience,” Bertrand Moussel, EVP Alliances and International of Dictao said. “By combining AGNITiO’s Voice iD with anti-spoofing technology with the multitude of authentication factors we already support, our enterprise clients can securely and rapidly integrate Voice iD into their unique solution, without changing the digital applications and services already in place.”
Reported previously, AGNITiO has just gone through a new re-branding exercise and launched a new website to match.
The overall market for voice and face biometrics is expected to reach nearly $3 billion by the end of 2018. Currently, the United States accounts for the largest share of these markets, though according to a recently-published report, most of the anticipated growth in the market will come from emerging economies, with Asia-Pacific getting special mention in that regard.
In addition, the Biometrics Research Group has noted that mobile devices are expected to drive the bank adoption of voice biometrics, and has also pinpointed that Asia is expected to lead the growth in biometric banking applications.
The group previously estimated the total revenue for biometrics supplied to the global banking sector would total US$900 million by the end of 2012.