Israeli firm Nice Systems is marketing a new voice authentication system that could reduce turnaround time for banks and reduce the amount spent on call centers. Nice Systems’ main motivation for this system is to cut down on the amount of fraud for banks and other financial institutions. This system is already being used by companies worldwide.

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Banks Are Deploying Voice Biometrics So That You Don’t Have To Tell Them Your Mother’s Maiden Name Again | Fast Company | Business Innovation

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