Nuance, Jumio recognized for biometrics excellence, innovation
Nuance’s integrated biometric security products are ranked high up in the Leader quadrant, ahead of competitors, confirming the company’s excellence in authentication and fraud prevention technology. Nuance boasts a portfolio of over 600 million voiceprints, $2 billion in fraud savings in 2019 and 8 billion transactions a year.
“It’s an honor to be recognized once again by Opus Research for the sophistication and robustness of our biometric solutions, and I’m exceptionally proud of the team for continually advancing our state-of-the-art solutions,” Brett Beranek, General Manager and Vice President, Nuance, said in a prepared statement. “It’s encouraging to see the industry recognize the importance of having solutions that offer flexibility of integration and channel, as well as the winning combination of fraud prevention and authentication. This aligns with the strategy Nuance set out to drive forward years ago and our placement as the leader in this report is a testament to that effort.”
Opus Research evaluated technology from 20 top vendors and their capabilities, including fraud detection, integrations, and business processes that span friction-free authentication. The research group analyzes “Intelligent Authentication” (IAuth), defined as systems that have progressed from voice-based authentication to include biometric factors (facial, fingerprint, behavioral), fraud detection, digital orchestration, and continuous authentication.
Nuance is recognized for its integrated authentication and fraud prevention product across digital and voice channels, as well as for its rates in authentication and fraud prevention.
Biometric video selfie authentication solution, Jumio Authentication, is a gold winner in the Hot AI Technology of the Year category in the 15th annual 2020 Network Products Guide IT World Awards, the company announced.
Jumio Authentication uses AI, facial biometrics and certified liveness detection to confirm identity, and to prevent account takeover and online fraud.
“Earning gold for Hot AI Technology of the Year validates our efforts to stop fraudsters by giving enterprises the tools they need to verify the digital identities of their customers,” Robert Prigge, CEO of Jumio, said in a prepared statement. “As the COVID-19 pandemic has shifted business online, the need for digital identity verification has never been greater. By leveraging the power of AI, Jumio Authentication offers a more secure password alternative, granting only the real user access to their account and stopping fraudsters from logging in with stolen credentials.”