This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

ValidSoft Voice Biometric Technology Comes Of Age

"We predict the use of voice biometrics for authentication and transaction verification purposes will accelerate within the banking industry, and other verticals. Voice biometrics will equally become increasingly appealing to insurance companies, government agencies, telcos and retailers, in fact any business where the phone is used as a means to contact their customers," added Carroll.

ValidSoft has invested considerable research resources into voice biometrics, as one of the layers within its multi-factor security platform, on the premise that mobile phones will become the device of choice for banking and payments. As part of its research and development (R&D) program, ValidSoft has made strategic partnerships with leading universities in this field. ValidSoft's voice biometric research and commercial credentials have also been endorsed by specialist technology analyst TechNavio in its report, Global Voice Recognition Market 2012 to 2016.

Research in 2012 has consistently pointed to how the security industry could use voice biometrics to secure data and banking transactions. It advocates that voice biometrics, used correctly, can fill this gap by accurately identifying that the end user is genuinely who they claim to be. As the mobile payments world develops further, communication by voice is a natural way to enroll, authenticate and validate. If a person is connected, whether by data channel or voice channel, then voice can be solicited – entirely natural in the mobile world. Voice biometrics is also a dynamic biometric, unlike a fingerprint or an iris scan, therefore it has the inherent capability to be configured to be rendered useless in the event that it is stolen.

News of ValidSoft's achievement in the NIST Speaker Recognition Evaluation comes shortly after Opus Research, a top independent analyst firm in the voice biometrics industry, recognized the company as an industry leader in its Voice Biometrics Vendor Survey and "IntelliView" 2012.

About ValidSoft: ValidSoft Limited has been a wholly owned subsidiary of Elephant Talk since early 2010 and underpins our mobile/cloud security offering. The company is a market leader in providing solutions to counter electronic fraud relating to a variety of bank, card, internet and telephone channels. ValidSoft's solutions are used to verify the authenticity of both parties to a transaction (Mutual Authentication), the security of the relevant telecommunication channel used (Secure Communications), and the integrity of transactions itself (Transaction Verification) for the mass market, in a highly cost effective and secure manner while being very easy to use.

The company counts several leading worldwide service providers and institutions amongst its customers.  ValidSoft is the only security software company in the world that has been granted three European Privacy Seals. Visit www.validsoft.com.

About Elephant Talk: Elephant Talk Communications Corp. (NYSE MKT: ETAK), is a leading international provider of proprietary Software Defined Network (SDN) platforms for the telecommunications industry that empower Mobile Network Operators and Mobile Virtual Network Operators, Enablers and Aggregators with a full suite of Applications. This suite includes Full OSS/BSS Systems, Delivery Platforms, Support and Managed Services, on-site, cloud, hybrid and S/PaaS solutions, including Network, Mobile Internet ID Solutions, Secure Remote Access Management, Loyalty Management and Transaction Processing Services, superior Industry Expertise and high quality Customer Service without substantial upfront investment. Elephant Talk counts several of the world's leading Mobile Operators amongst its customers including Vodafone, T-Mobile and Zain, and virtually all business is focused on tier 1 and tier 2 operators worldwide. Visit www.elephanttalk.com.

Media Contacts:

PR Teams UK: Fishburn Hedges+44 (0)20 7839 4321 validsoft@fishburn-hedges.co.uk



2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs