Authentication methods
Voice Biometric Startup InCights Mobile Raises Angel Funding
Voice Biometric Startup InCights Mobile Raises Angel Funding InCights Mobile Solutions, a provider of voice biometrics software and delivery systems has raised R1 Cr angel funding led by a group of investors including Anand Lunia of India Quotient, Iamwire states. The company plans to use the funds to expand outside India and it is also looking to shift to US. The fund will also be utilized launch new services in the gaming and entertainment sector. Hyderabad-based Incights Mobile Solution was launched in 2010. It offers a voice biometrics engine and associated services, where it uses a person’s voice as the unique identifier, enabling real-time identity verification. Its voice Bio-metrics service can be used to provide protection against identity theft, protected access to information, secure login for remote workers, secure automated authentication, call center transactions or mobile commerce connections. The company was among the 30 startups accelerated by Nasscom.. The startup is supported by Microsoft BizSpark, IAN and IIIT-H. The current applications of the startups includes Contact center caller verification, IVR Caller verification, Mobile app authentication, Web transaction validation. According to the survey conducted, smartphone users have grown frustrated with current authentication methods and 90% of them are eager to use voice biometrics in place of existing methods. The overall market for voice and face biometrics is expected to reach nearly $3 billion by the end of 2018. Like the various biometric options, voice-based identity authentication can be used in tracking attendance, financial transactions and a host of others where […]
Source www.dealcurry.com
BIO-key To Integrate Biometric Platform Into AMD Security Solutions
bio-key logo November 12, 2013 – BIO-key International has announced that the company is working with AMD to ensure compatibility of its WEB-key biometric management platform with AMD’s upcoming security solutions. As a result of this work, the company says device manufacturers will be able to use the BIO-key algorithm to match fingerprints on compatible AMD devices, with or without a server, or in the network or cloud. Specifically, AMD customers will be using BIO-key’s scanner independent algorithm. “BIO-key is honored to be working with AMD toward this uniquely valuable TrustZone integration,” said Jim Sullivan, BIO-key’s VP of Strategy and Business Development said. “With this solution, OEMs will be insulated from the rapidly changing fingerprint scanner marketplace by having a single best-of-breed, interoperable platform to interface with. Online service providers and enterprises will benefit from a standardized, securely configured WEB-key client on their users’ devices, made available by device manufacturers or through the ARM TrustZone technology ecosystem. This will allow enhanced security for online transactions and BYOD security. Fingerprint scanner manufacturers benefit by being part of a secure cloud infrastructure allowing remote and cloud authentication, which significantly enhances the core value proposition of fingerprint authentication beyond unlocking the phone or other device. Our existing patents on securing biometric data and keys using Trusted Execution Environments (TEE) make this a natural evolution of our product strategy.” Tomorrow, November 13, 2013, BIO-key will present at the 2013 AMD Developer Summit with its presentation titled, “Leveraging fingerprint biometric authentication to streamline secure access.” […]
Source www.biometricupdate.com