August 1, 2015 -
Wells Fargo announced it has launched a pilot program of SpeechPro’s biometric technology that enables its business customers to log into mobile apps using face and voice authentication in place of traditional passwords.
The move comes a month after Wells Fargo announced it will pilot a combination of voice and face recognition biometrics technologies to authenticate mobile iPhone app users of its Commercial Electronics Office (CEO) portal.
Wells Fargo is using SpeechPro’s VoiceKey.OnePass proprietary voice biometric algorithms and supplemental technologies, whose triple biometric accuracy stems from a combination of voice authentication, facial recognition, and many unique anti-spoofing “liveness” tests.
The first Wells Fargo customers have registered to use the authentication solution through their iPhones, which will allow them to access their accounts by using their smartphone’s built-in camera and microphone to scan their face and voice.
This marks the first deployment of a simultaneous face and voice biometric authentication method on a mobile platform in the financial services industry, said Wells Fargo.
By combining face and voice biometric analysis, Wells Fargo is able to significantly boost its authentication accuracy.
To verify that the user is real and to prevent fraudulent log-in attempts, VoiceKey OnePass offers a number of “anti-spoofing” liveliness tests that are conducted through the use of voice and face biometrics.
“We are thrilled that Wells Fargo has launched a multi-biometric pilot with SpeechPro technology and is the first major bank to implement a cutting-edge authentication solution of this kind on its mobile platform,” said Alexey Khitrov, president of SpeechPro. “We are excited for the future of face and voice biometrics and look forward to our continued partnership with Wells Fargo.”