February 8, 2016 -
EU-regulated global payment platform Worldcore is using voice biometrics to securely authenticate clients.
The voice biometrics solution, called VoiceKey, can be used for account access and payment confirmation. VoiceKey analyzes over 100 parameters of a voice to “fight fraud and simplify account access,” says Alexey Nasonov, founder and CEO of Worldcore.
After opening a Worldcore payment account, the client records a voiceprint by saying one of phrases containing 10-12 syllables that are 3-4 seconds long. Once enrolled, the client will be requested to say the approved phrase to access an account or confirm a transaction depending on enabled VoiceKey options.
VoiceKey incorporates noise canceling and voice detection technology. A sudden change of the voice due to sickness will only affect authentication in extreme cases.
VoiceKey is now presented in English, French, Spanish, Russian, German, Chinese and Korean languages. More languages requested by Worldcore foreign clients will be added monthly.
The Worldcore payment platform is in the process of securing PCI DSS Level 1 certification to start providing a payment gateway for e-commerce, enabling it to process credit card payments for merchants. The complete solution is expected to be presented before summer 2016.