Finovate Alumni News

On Finovate.com

  • “Interactions Names New CFO”
  • “Fidor Bank Opens its Doors in Dubai; Ge Drossaert Tapped as Managing Director”

On FinDEVr

  • “BlockCypher to Developers: Your Ethereum Toolkit is Ready

Around the web

  • CU Times’ white paper features IDology.
  • Crowdfund Insider interviews Zopa CEO Jaidev Janardana.
  • Bank of Newington and Cleveland State Bank deploy Core Director platform from Jack Henry.
  • Narrative Science partners with client reporting and communications software company, Vermilion Software.
  • Pirean opens local support centre for the Australia and New Zealand markets.
  • Insuritas to power insurance agency for Community Resource Credit Union.
  • VoicePIN opens U.S. office.

This post will be updated throughout the day as news and developments emerge. You an also follow all the alumni news headlines on the Finovate Twitter account.

VoicePIN Launches New SaaS Model for SMEs

VoicePIN Launches New SaaS Model for SMEs

VoicePIN_homepage_May2016

Now small businesses can get state-of-the-art voice authentication technology via the cloud.

This week Polish startup VoicePIN has announced its new Software-as-a-Service model (SaaS) for its voice-based authentication technology. Geared specifically for small businesses, VoicePIN’s new Voice-as-a-Service offering brings easy-to-use, biometric authentication to everything from payments and e-commerce to contact centers and apps.

VoicePIN_stage_FEU2016

Pictured (left to right): CEO Łukasz Dyląg and Jakub Gałka, R&D director, demonstrated VoicePIN at FinovateEurope 2016 in London.

VoicePIN CEO Łukasz Dyląg previewed the SaaS solution in his Finovate Debut interview earlier this year, calling the technology “the first, off-the-shelf, voice biometrics service available for smaller B2B enterprises.” For Dyląg the goal is to convince businesses that voice biometrics is as easy to use as it is secure, which is where VoicePIN’s new API comes in. “Our easy-to-install API is designed to work fine in every customer interaction channel,” Dyląg said.

VoicePIN’s biometric technology works by creating voiceprints of the distinctive patterns in the human voice. The technology records each authorization attempt, comparing it with previously collected information to make it more resistant to spoofing. According to Dyląg, the technology works even if the user has a headcold or sore throat. Companies using the technology include fellow Finovate alums ebankIT and ITsector. VoicePIN was featured in Forbes earlier this month in a column on the rise of Poland as a “major European tech startup hub.”

Founded in 2011 and headquartered in Krakow, Poland, VoicePIN made its Finovate debut at FinovateEurope 2016. VoicePIN is offering a free, 30-day trial of its new SaaS offering, with multi-tiered subscription plans for continuing customers.

Finovate Alumni News

On Finovate.com

  • “Social Trading Company ayondo Appoints New CFO Prior to Reverse Takeover IPO”
  • “Ignite Sales Taps Ex-Fiserv SVP as New CEO”
  • “VoicePIN Launches New SaaS Model for SMEs”
  • “Realty Mogul Reaches $200 Million in Funded Real Estate Transactions”

Around the web

  • Markit adds Federal Republic of Germany to derivatives trade-management service.
  • FIS introduces Banking by Appointment with TimeTrade.
  • Zopa partners with UNSHACKLED.com to offer cell phone financing.
  • RegTech event sponsored by BBVA features presentation by Ayasdi.
  • Infosys wins five-year contract with Commerzbank.
  • Temenos welcomes new core banking client, BMO Asia Pacific.
  • Fiserv adds ten years to its loan processing, private-label credit partnership with John Deere Financial.
  • Buzz Points and Xtend partner to provide new loyalty rewards program to credit unions.
  • Bloomberg features TradeSafe, a distributed ledger from Standard Chartered and DBS Group that uses Ripple.
  • eSignLive unveils new UX featuring responsive design.
  • TechCrunch column on APIs features Signifyd, Plaid, and Twilio.
  • The Law of Startups interviews B.J. Lackland, Lighter Capital CEO.
  • WorkFusion earns recognition from Gartner in its “Cool Vendors in Smart Machines” 2016 report.
  •  Guardian Analytics introduces a certification program to help fraud examiners become familiar with the Guardian Analytics platform.
  • Crowdfund Insider interviews Emmanuel Marot, LendingRobot CEO.
  • Comarch launches prototype of wealth management app for virtual reality.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Debuts: VoicePIN Offers an Easy Biometric Login Solution

Finovate Debuts: VoicePIN Offers an Easy Biometric Login Solution

voicePINHomepage2

While voice biometrics usage is small, it is gaining popularity as a second authentication factor and password replacement. VoicePIN’s easy-to-use voice-authentication system hopes to become the industry standard. CEO Łukasz Dyląg explains it, “Your voice is the most natural and convenient way of communication.”

Company facts:

  • Headquartered in Poland
  • Founded in 2011
  • Offers on-premise solution for enterprise customers
  • Offers a cloud-based API for smaller customers
VoicePINDemoIMGCEO Łukasz Dyląg and Jakub Gałka, R&D director, demoed VoicePIN at FinovateEurope 2016.

At FinovateEurope 2016, the company launched VoicePIN, its multichannel, voice-biometrics solution for IVR, mobile app or website login, and for use during call-center service. VoicePIN offers three main advantages:

  • A better customer experience
  • Enhanced security
  • Multichannel access

LukaszProfileWe chatted with the company’s CEO Łukasz Dyląg (photo circle right) after the demo to discuss the company and future initiatives.

Finovate: What problem does VoicePIN solve?
VoicePIN solves one of today’s issues which is having too many passwords, logins and PIN numbers to remember. Customer experience is currently one of the biggest challenges for every company caring about its customers. We have designed VoicePIN for convenient multichannel user-authentication. Once the user registers his voiceprint, he is able to log in by voice into all available customer channels like a help line, IVR, website or mobile application.

VoicePINChart

Finovate: How does VoicePIN solve the problem better?
VoicePIN enhances the multichannel customer experience by giving the user a chance to use his voice to log in or authorize payments in every interaction field. Our simple API can even be integrated with IoT devices. Moreover, the enrollment process can be passive, so the voiceprint is generated from the previously collected recordings and the user doesn’t have to engage in this step. We have designed our system as really easy to integrate and install. No matter which deployment model the client chooses, he can integrate it on his own.

Finovate: Who are your primary customers?
VoicePIN is available as an on-premise or SaaS model. On-premise is designed for banks, telcoms, insurance companies and state or self-government institutions, while our SaaS solution is an opportunity for web platforms, e-commerce, mobile applications or IoT devices to use the advantages of cloud-based voice biometrics.

Finovate: Tell us about your favorite implementation of your solution.
We had the pleasure to deliver voice biometrics technology in the first such deployment in mobile banking in Europe. Our system operates in Smart Bank’s mobile application, available for both individual and business customers. Since the implementation, they can simply log into their accounts just by saying the set phrase.
The other impressive implementation covered 10,000,000 voiceprints in the Polish Ministry of Finance. This deployment was really challenging. Voice authentication was deployed to improve taxpayer service.

MinistryofFinance

Finovate: What in your background gave you the confidence to tackle this challenge?
We were ready for it as we knew our system works fine and meets the high-level security requirements. It is also scalable, so implementing the 10,000,000 voiceprints was not a problem at all.

Finovate: What are some upcoming initiatives from VoicePIN that we can look forward to over the next few months?
In the coming weeks we will launch VoicePIN as-a-service web platform. It will be the first off-the-shelf voice biometrics service available for smaller B2B enterprises. By this move we want voice biometrics to be no longer associated as severe, complicated, and difficult-to-use technology. Our easy-to-install API is designed to work fine in every customer interaction channel.

Finovate: Where do you see VoicePIN a year or two from now?
We would like to see a broad usability of voice biometrics as a simple, natural and convenient way of authentication and more. We believe that soon our system will work in the different areas such as Internet of Things, intelligent vehicles, houses and other fields where hands-free voice operation is very useful.

Finovate Alumni News

On Finovate.com

  • “Ledger Launches Blockchain Open Ledger Operating System”
  • “Finovate Debuts: VoicePIN Offers an Easy Biometric Login Solution”
  • “Finovate Debuts: SuiteBox Introduces its Virtual Meeting Rooms for Financial Professionals”

On FinDEVr.com

  • Avalara teams up with WooCommerce to help online merchants manage sales taxes.

Around the web

  • OnDeck partners with Innovate Finance to debut Transatlantic Policy Working Group.
  • LandlordReferencing.co.uk to use Netverify from Jumio to comply with the U.K.’s new Right to Rent law.
  • The United Bank of Egypt upgrades to latest Misys core banking solutions as part of major modernization of retail, SME, and corporate businesses.
  • Top Image Systems launches next generation, automated accounts payable solution, eFLOW AP.
  • Zopa’s new lender products are live.
  • Golden West CU processes 15 new applications for insurance products in first 30 days of deploying Larky.
  • Coinbase introduces stop orders on Coinbase exchange.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

FinovateEurope Sneak Peek: VoicePIN.com

FinovateEurope Sneak Peek: VoicePIN.com

VoicePIN_homepage_Dec2015

FEU2016_logo_withdateA look at the companies demoing live to 1,500 fintech professionals. Get your tickets to join us in London!

VoicePIN_hi-res_logo_FEU16

VoicePIN.com is a team of experienced engineers and technology lovers that provide advanced voice biometrics for customers all around the world.

Features:

  • Very simple and quick installation and configuration
  • Passive enrollment (generating voiceprints from previously recorded data)
  • Lexical and language-independent

Why it’s great
VoicePIN enables easy and secure user authentication, based on natural voice commands. Our technology allows you to securely log on to a system without having to remember any PINs or passwords.

VoicePIN_J_GalkaPresenter: Jakub Galka, Director, Research & Development

Engineer Doctor Galka is a researcher and experienced leader of, and participant in, many speech recognition and voice biometrics projects.
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