Careful & Conscious Growth of Voice Payments In Digital Banking — Is It The Future?
Every digital payment service aims to make it as easy to use. After innovations like single-click card payments and QR codes, the next obvious move is voice payments in banking. Voice recognition technology has become quite advanced with the prevalence...
Information Security Vs Cybersecurity – A Clear Picture
A leaked password on an old account was used by hackers to get into the system which let the employees access the company’s servers through a VPN. The system didn’t require two-factor or multi-factor authentication. After the hackers gained access,...
IoT Cyber Security Challenges & How Voice Biometrics Can Help
The world is coping with lockdowns and working from home, but cyber terrorists have a field day. Here are a few numbers to show how deep the rot is: Number of encrypted threats- 10.4 million attacks Ransomware- 623.3 million attacks...
Important Digital Banking Customer Experience Trends That Banks Should Start Paying Attention
Digital banking is a competitive space with many new players bringing in game-changing innovations while veteran brands reinvent their processes and offerings. It is a domain where trust remains vital, and customer experience is a crucial pillar to achieving customer...
The Boom In Voice Commerce And The Need For Voice Biometrics
You’re waiting in an interminable traffic jam, thinking about your to-do list. You order veggies and pay bills by commanding your phone’s voice assistant, then an audiobook to pass the time. You don’t notice when the jam ends, and you’re...
What is Voice Biometrics & Why Businesses Should Use It- Ultimate Guide
Every day more than one million people are joining the internet. According to Cybersecurity Ventures, people connected to the internet and interacting with the data will be 5 billion in 2020, and it is expected to increase to 7.5 billion...
What Makes The Voice Biometrics Technology The Safest Of All
IBM estimated that a cyber-attack costs a company $6.71 million per breach on average. The more and more a company handles digital information and user information, the access to those data has to be tightened from the core. There are...
Voice Biometrics In Banking Is Quintessential In The Deep-fake Era
Even in his wildest dreams, the bank manager in Hong Kong would not have imagined that he would become an unwilling part of an elaborate heist. Here’s the story: he receives a call from the director of a firm requesting...
16 Data Privacy & Data Security Statistics You Should Know In 2022
A simple data breach can spell doom for businesses. It is imperative that businesses guard their data and that of their customers as if it were sacred. There is a lot of data that businesses collect, and being in control...
Why Voice Biometrics In Health Care Is Highly Efficient And Budget-Friendly
The healthcare sector is increasingly embracing technology to solve challenges, especially after the pandemic exposed the strains on the system. Telehealth backed by extensive electronic health records (EHR) is fast becoming the norm; EHR adoption rates are skyrocketing at 89%....
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