Experian, a global information solutions provider, announced an alliance with VoiceVerified Inc. to jointly market and sell authentication solutions that combine data-based and voice biometric authentication technologies to verify an individual’s identity. Multifactor authentication will result in reduced fraud and associated operational losses for organizations, address Federal Financial Institutions Examination Council guidance requirements and provide a secure operating environment for consumers.
Gary Kearns, president, Experian’s Decision Analytics, said, “Experian is working with clients to provide true multifactor authentication that provides continual security against identity-based fraud. A coordinated approach to authentication, using both data- and analytics-based solutions along with voice biometric solutions, is a significant step to providing security at all points in the Customer Life Cycle.”
Jeffrey Randol, chief executive of VoiceVerified, stated, “The selection of voice for multifactor authentication is driven by the combination of user simplicity and strength of security as compared to other available authentication technologies. In order to provide the greatest level of protection possible, the biometric element—in this case a voiceprint—is as unique as a fingerprint and can only be used by the correct individual. Experian’s data expertise will allow us to validate an individual’s identity at enrollment, ensuring future secure and trustworthy interactions for the client and consumer.”
