Connect with us

Curiosity

Voice May Replace Password for Smartphone Banking

Updated

 on

Wireless Cancellation Policy Boosts Price of Basic Phone Plans

[caption id="attachment_82136" align="aligncenter" width="664"]Voice May Replace Password for Smartphone Banking Voice May Replace Password for Smartphone Banking[/caption]

Many customers have trouble remembering the PIN numbers and passwords that help them gain access to their bank accounts. But now comes word that mobile apps for banking may soon require a different sort of entry code, the human voice. The technology of voice biometrics, which recognizes the voice of the account user rather than a series of numbers or a specific word, is already being successfully used by certain financial institutions and telecom companies throughout the world. Voice biometrics also makes it much more difficult for computer hackers to steal access codes in order to gain unlawful entry to people's confidential banking information.

According to representatives from the software communications company marketing the new voice biometrics technology, a person's voice is as unique to them as is their DNA, the iris of their eye, or their fingerprints, making it almost impossible for anyone to simulate their actual voice in order to break into their financial accounts to steal money. If criminals think that they can merely mimic a person's voice pattern in order to access their bank accounts, they should think twice. Voice biometrics technicians report that each voice is measured using about 100 different unique characteristics to ensure that the person speaking is the actual account owner.

Businesses in all sectors have been challenged to find a safe, easy and secure way for customers to access their accounts and keep unauthorized users from stealing confidential data. Using the individual's voice as their password seems a unique solution to the problem. Many customers often express frustration that there are too many numbers and passwords that they have to remember in order to access a variety of accounts they deal with on a daily basis. Banks will be able to store voice print data for added security in accessing records.

--------------------------
Online:
http://globalnews.ca/news/1232597/your-voice-could-become-your-banking-password-on-your-smartphone/

Sean is a London (Ontario) based writer, and has been writing full-time for eCanadaNow since May of 2005, covering Canadian topics and world issues. Since 2009, Sean has been the lead editor for eCanadaNow. Prior to his work writing and editing for the eCanadaNow, he worked as a freelancer for several Canadian newspapers.. You can contact Sean at {Sean at ecanadanow.com] Google

Canada

Toronto Police Discover Underground Tunnel

Updated

 on

Continue Reading

Advertiser Disclosure: ECanadaNow is committed to rigorous editorial standards to provide our readers with accurate information. We may receive compensation when you click on links to products we reviewed.