inBay to integrate VoiceTrust voice biometrics into authentication platform

Authentication solutions developer inBay Technologies has partnered with VoiceTrust by integrating VoiceTrust’s voice biometric identification capabilities into inBay’s multi-factor ‘passwordless’ authentication solution. inBay’s idQ TaaS is a highly reliable and scalable mutual identity assurance platform that enables companies to employ multi-level, multi-factor ‘passwordless’ authentication and delegated authorization solution. “I’m excited to announce our collaboration with VoiceTrust,” said Shane Young, president and CEO of inBay. “This collaboration will see two complementary technologies enhance each company’s solution. It will let inBay add

VoiceTrust and USoft merge to form multimodal biometrics firm BioTrust

VoiceTrust and USoft have merged to form BioTrust, a new company that offers multimodal biometric authentication technology through a combination of personal information and biometrics such as voice patterns or facial features . According to the company, BioTrust addresses key authentication trends by reducing costs, improving security and user convenience, and integrating existing cloud-based solutions. The company’s technologies include voice and face recognition for caller authentication, account recovery and self-service applications, and its proprietary Proof-of-Life solution, which is used to

Delrand Resources’ shareholders approve change of business and private placement, appoint directors

At its annual and special meeting of shareholders, Delrand Resources Limited announced that its shareholders have approved the previously announced change of business transaction and simultaneous private placement. Previously reported in September, Delrand entered into a share exchange agreement to acquire VoiceTrust Holding for CDN$27 million to be paid by the issuance of more than 36 million common shares in the capital of Delrand and would complete a private placement to raise minimum net proceeds of $15 million for the

VoiceTrust partners with BioID to deliver multi-modal biometric authentication solutions

VoiceTrust, announced it has formed a strategic partnership with BioID to provide a full suite of biometric solutions to VoiceTrust customers around the globe. The agreement gives VoiceTrust exclusive rights to resell BioID‘s biometric modalities through integration into VoiceTrust’s agnostic authentication platform. In addition to voice, the partnership will expand VoiceTrust’s suite of products to include facial and periocular with liveness detection and iris to transform VoiceTrust into a truly multi-modal biometric authentication provider. “With this strategic alliance, we are

Top biometrics news stories, week ending September 21

Here’s a recap of most popular and noteworthy biometrics industry news that appeared on this past week. Biometrics Week in Review: spoofing finger vein recognition, biometric passports for Haiti, biometric database of HIV patients, voice biometric banking app, FBI’s NGI database, Fujitsu deal with Biyo, MasterCard biometrics pilot, Alipay select Nok Nok, Suprema access control, VoiceTrust share exchange, new funding. Tabula Rasa video demonstrates spoofing in a commercial finger vein recognition device – The video shows how enrollment of

VoiceTrust Announces Share Exchange Agreement, Raises $15M in Funding, Appoints New CEO and COO

VoiceTrust has entered into a share exchange agreement with Delrand Resources Limited. Under the terms of the agreement, Delrand will acquire VoiceTrust for CDN$27 million to be paid by the issuance of 36 million common shares in the capital of Delrand and will complete a private placement to raise minimum net proceeds of $15M for the business. The acquisition constitutes a “change of business” according to the policies of the Toronto Stock Exchange and, as a result, Delrand will apply

VoiceTrust gets shortlisted for eco Client Communication Awards

VoiceTrust has announced that its automated password reset system, VT Voice Safe, has been selected as a finalist for eco’s 2014 Client Communication Awards. According to the company, it was selected as a top-ten finalist of 200 companies that entered the competition. These awards bring together European speech technology and unified communications providers in CRM, customer care and speech-to-text. VoiceTrust’s VT VoiceSafe solutions uses biometrics to automate the password reset process for users. “It is an honor to be recognized along

Special Report: Voice Biometrics

Biometric Update Special Reports provides analysis and competitive industry intelligence for the global biometrics industry including market size, multiple industry segments, venture capital and other business opportunities, along with in-depth profiles on the best emerging companies and solutions. This report on voice biometrics looks at both speech recognition and speaker/voice recognition and provides a basic analysis of respective market sizes with a look at some of the main vendors controlling the space including Nuance Communications, ValidSoft Ltd. and VoiceTrust. Download

VoiceTrust becomes Canadian Technology Alliance’s newest member

Voice biometrics solutions provider VoiceTrust has announced that it has joined the Canadian Advanced Technology Alliance. “CATA is a valued leader in promoting innovation, business networking, research, and forums in Canada’s technology sectors,” Tariq Habib, CEO at VoiceTrust said. “As an international leader in voice biometrics solutions that enable highly secure and convenient authentication of remote users, VoiceTrust has much to offer to this valued community fostered by CATA and its supporting members. VoiceTrust is proud to join the Canadian Advanced

An introduction to voice biometrics

Learn how voice biometrics provides more secure and convenient authentication than passwords, PINs, and security questions. Over $50 billion is lost each year because of identity theft, with banks, insurance companies, and healthcare providers being the most heavily affected industries. This whitepaper takes a closer look at voice biometrics, how it is being used across various industries, and why it offers more secure identity verification than knowledge-based authentication approaches. Download the free whitepaper to learn: – What is voice biometrics