Facebanx, a provider of biometric security technology, has launched new software that allows users to use an image of their face and a voiceprint to replace their password. The technology is designed to work with any PC, tablet or smartphone at high accuracy levels.
Facebanx’s CEO Matthew Silverstone says: “By simply pointing a device’s camera and taking a selfie and then repeating out loud four randomly generated numbers, customers will be able to log into their account within seconds. This technology is incredibly accurate as it combines two different biometrics into one seamless experience.”
According to Facebanx, one of the first businesses to trial the software is a global telecoms company. This company is freeing its customers from the need to remember their passwords and in the process saving money by reducing call centre costs for password reset enquiries.
Other trials due later this month include multi-national banks that are seeking to improve security by adding Facebanx’s voice and face biometrics to customer accounts.
Facebanx also aims to help US banks meet demanding compliance requirements and provide them with a safeguard that customers are in fact who they say they are.
Facebanx is a member of the FIDO Alliance (Fast Identity Online) which is an organisation of over 100 biometric and major hi-tech companies including PayPal, Google and MasterCard, with the intention of revolutionizing online authentication with the first standards-based and open specification for overcoming password dependency.
The FIDO Alliance is presenting at connect:ID taking place in Washington, DC on 17-19 March. Click here for more