21 December 2014

Barclays preps voice biometrics for phone banking

23 June 2014  |  6003 views  |  1 Barclays branch sign

Barclays is rolling out voice biometrics technology at its call centres that recognises customers when they start talking.

Customers who call Barclays currently have to share their passcodes or 16-digit debit card numbers in order to verify themselves.

With the new system, customers can choose to have their voice recorded and held on file by the bank. Then, when the call to access their account, they engage in a few seconds of conversation with a staffer.

During that time, Nuance FreeSpeech voice biometrics technology is used to compare the customer's voice to their unique voiceprint on file, and silently signals to the employee when the customer's identity has been verified.

Barclays began using the Nuance system at its wealth management arm last year but is set to introduce it for normal retail customers early next year.

Ashok Vaswani, chief executive, Barclays personal and corporate banking, told the Sunday Telegraph that the technology is "foolproof" and cuts the time it takes to verify customers from 90 seconds to 10 seconds.

Comments: (1)

Ketharaman Swaminathan - GTM360 Marketing Solutions - Pune | 24 June, 2014, 16:10

It'd be interesting to know if such verification will be used only for balance inquiries and the like or suffice even for fund transfer requests.

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

12 February, 2014
28 November, 2013
08 May, 2013

Related company news

 

Featured job

Competitive
New York City, NY (USA)

Find your next job