Barclays has been testing voice biometrics technology since 2013 and this past weekend the bank announced that it is ready to introduce the service to all of its personal banking clients to quickly authenticate phone-banking customers. According to a report in ZDNet, when customers use telephone banking, the technology will be able to identify them simply from the first few words they speak by comparing the customer’s unique voice print against a voice print the bank has already gathered. Voice
UK financial institution Barclays Bank has launched its online banking portal that can be used with Hitachi Europe’s biometric reader to provide corporate customers with a single and secure gateway to business services, according to a report by Finextra. The new dashboard-style service can be used with Barclays Biometric Reader, developed with Hitachi’s finger vein authentication technology (VeinID), for secure customer authentication. Built from the ground up using agile delivery methodology instead of redesigning or overlaying existing ones, Barclays iPortal
The Open Identity Exchange (OIX) announced that Barclays, ForgeRock and Timpson have joined the organization as board members while Escher Group, E-sign, Etive/Digital Log Book, KYCme, Morpho (SAFRAN) and Tricerion Limited have joined as general members. The companies bring significant leadership and expertise to OIX, a neutral, non-profit trade organization that aims to “share domain expertise, joint research, and pilot projects to test real world use cases to drive the expansion of existing online services and the adoption of new
The Biometrics Institute announced that Barclays Bank has joined the organization as the 163rd member. Additionally, Biometrics 2014 conference, “The Biometrics 2014: the future of identity starts here!” has nearly 300 registered participants for the conference and 800 visitors on the exhibition floor. Membership for the Biometrics Institute has grown exponentially over the past few months. With the addition of Barclays, Biometrics Institute now has 163 organizations representing over 500 individuals including Barclays Bank (UK), ICAO, British Airways, Timpson (UK),
Here’s a recap of most popular and noteworthy biometrics industry news that appeared on BiometricUpdate.com this past week. Biometrics Week in Review: Suprema’s new fingerprint algorithms, Bill Gates talks biometric ID and banking, CLEAR working with TSA, FIDO edge over Touch ID, Apple drives biometrics, Barclays using biometrics to automate, India’s biometric employee attendance, NEC video case study, FBI wants Rapid DNA added to NGI. Suprema’s new fingerprint algorithms certified by FBI – Suprema announced that its fingerprint image compression
Ashok Vaswani, CEO of retail and business banking at Barclays, said the British bank is currently developing new ways to “completely automate” as much of its branch operations as it can, according to a report by Express. Speaking at a banking conference, Vaswani confirmed that 72 of Barclay’s branches now offer next generation cash machines developed by Barclays and German manufacturer Wincor Nixdorf. The technology has allowed the bank to significantly reduce its staff, with more job cuts to occur
Barclays announced it has partnered with Hitachi Europe to launch its customer authentication solution, Barclays Biometric Reader, which is backed by Hitachi’s Finger Vein Authentication Technology (VeinID). The launch comes on the heels of Barclay’s roll out of voice biometric capabilities for its telephone banking customers. By scanning the finger, customers can gain fast access to their online bank accounts and authorize payments without having to enter PIN, passwords or authentication codes. Barclays said it will begin offering the technology
Opus Research has started to assemble the agenda for this year’s Voice Biometrics Conference in London, set to take place November 6-7, 2013. Among the headlining presentations are two case studies from the financial sector: Barclay’s Wealth and Tatra Bank, which have both recently deployed voice authentication systems. In addition, Daniel Thornhill from Validsoft will talk about a five-factor approach to authentication for mobile commerce. NICE Systems is set to outline approaches to passive authentication with interactive voice response systems for contact centers.