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18th June, 2008
EXPERIAN AND VOICEVAULT PARTNER TO CREATE FULLY HOSTED BIOMETRIC AUTHENTICATION SYSTEM
Rapid validation of callers will save contact centres time
and money
Experian®, the global information services
company, and VoiceVault, a leader in voice-based biometric identity
verification, have entered into a partnership to create a hosted,
pay-as-you-go biometric identity verification service. The Voice
Check service, secured by VoiceVault, will dramatically reduce the
time and cost
associated with validating contact centre callers.
The
new service from Experian and VoiceVault will enable the identity of
contact centre callers to be securely verified in a matter of
seconds by comparing callers' voices against a previously recorded
voice print. By replacing the time-consuming manual verification
process with a fully automated system, contact centre agents will be
presented with a validated identity at the start of a call and can
dedicate a greater proportion of their time to assisting callers.
Once
a contact centre organisation has identified a new customer, they
will be invited to register with Voice Check, typically by speaking
a phrase or account number. The voice print that is created will be
held on Experian's secure databases, and used to match against a
caller's voice when they use the contact centre again.
As
the system is fully-hosted by Experian and priced on a per-check
basis, contact centre clients will benefit further from low set-up
costs and no fixed fees. Clients will benefit further from a number
of added value components to the service, including batch
authentication services to help validate customers' identities, and
analysis to identify whether individual voice-prints are already
attributed to other identities on the database.
Jim
Lound, Director of Trust Services at Experian, comments: "VoiceCheck
provides fast, effective and more user friendly method of securely
validating a caller's identity, it is the next generation in
identity validation technology. By using voice biometrics to
re-verify that the person coming back to a contact centre is who was
registered for the service in the first place, contact centre agent
talk time can be reduced by around 30 seconds per call, resulting in
a reduction in the cost associated with verifying the identity of
callers by up to 75 per cent."
John
Colgan, Head of Business Development at VoiceVault, comments: "We
are delighted and excited to announce this partnership with
Experian. Voice biometrics is a proven and highly secure technology
that is able to pinpoint callers due to the uniqueness of their
voice. Contact centres will benefit greatly from its use." The voice
biometric software used in Voice Check measures more than 130
characteristics of an individual's voice and is able to detect and
prevent the use of a voice recording to gain access. It is the only
biometric technology in the world that has EU Certification for
Advanced Digital Signatures. By eliminating the human interaction in
the re-verification of callers, it removes the possibility for a
fraudster to 'con' the agent using stolen information or for any
form of collusion to take place.
This
press release can be found on http://press.experian.com.
ENDS..
For
more information please contact:
James
Taylor, Corporate PR Manager, Experian
Tel:
+44 (0)115 934 4547, E-mail:
james.taylor2@uk.experian.com
Nigel
Phillips, Head of Product Marketing, VoiceVault
Tel:
+44 (0)1932 895399, E-mail: media@voicevault.com
About
Experian
Experian®
is a global leader in providing information, analytical and
marketing services to organisations and consumers to help manage the
risk and reward of commercial and financial decisions.
Combining
its unique information tools and deep understanding of individuals,
markets and economies, Experian partners with organisations around
the world to establish and strengthen customer relationships and
provide their businesses with competitive advantage.
For
consumers, Experian delivers critical information that enables them
to make financial and purchasing decisions with greater control and
confidence. Clients include organisations from financial services,
retail and catalogue, telecommunications, utilities, media,
insurance, automotive, leisure, e-commerce, manufacturing, property
and government sectors.
Experian
Group Limited is listed on the London Stock Exchange (EXPN) and is a
constituent of the FTSE 100 index. It has corporate headquarters in
Dublin, Ireland, and operational headquarters in Costa Mesa,
California and Nottingham, UK. Experian employs approximately 15,500
people in 38 countries worldwide, supporting clients in over 65
countries around the world. Continuing sales for the year ended 31
March 2008 were $4,059m (£2,020m / ?2,858m)
For more information, visit the Group's
website on www.experiangroup.com.
The
word 'Experian' is a registered trademark in the EU and other
countries and is owned by Experian Ltd. and/or its associated
companies.
About
VoiceVault
VoiceVault
is a specialist and leader in the provision of voice-based biometric
identity verification solutions and services. With operations in the
United States, United Kingdom and Ireland, the company has a global
customer base of public and private organizations, such as
government agencies, banks and insurers.
VoiceVault
is the only voice verification service certified and accredited to
issue Advanced Electronic Signatures (voice digital certificates)
and to be ISO 27001 rated.
VoiceVault
provides a more convenient, practical and secure alternative to
PINs, passwords or security tokens. As well as verifying an
individual's identity over the phone or the Internet, VoiceVault can
be employed across a diverse range of business applications,
including procurement, payment authorization and corporate security.
Organizations that deploy VoiceVault can deliver enhanced levels of
service to their customers, increase security while optimizing
identity verification costs.
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