Anorak News | Money Talks: New VoicePay Machines

Money Talks: New VoicePay Machines

by | 30th, April 2007

unitone.gifFROM Big Brother’s Chantelle Houghton to Stephen Hawking, the humble voice is a many-splendored thing.

But despite the fact many of us hate the sound of our own voice, a new service using our dulcet tones will be launched today to combat credit credit card and online banking fraud.

Under VoicePay, the brainchild of entrepreneur Nick Ogden, when a customer tries to use a credit card or access an online account, as well as having to enter the usual passwords and PIN number, the service will automatically phone the user to verify their identity.

The ‘VoiceVault’ voice recognition technology is already used by ABN Amro allowing people to even trade shares over the phone.

But how secure is it?

Expect impressionists Rory Bremner and Jon Culshaw to top the next Times’ Rich List.

Posted: 30th, April 2007 | In: Money Comment (1) | TrackBack | Permalink