Agnitio and Nok Nok Labs Demo Mobile Transactions with FIDO Ready Voice ID
Voice biometrics provider Agnitio and Nok Nok Labs, a company founded to transform online authentication for modern computing, introduced the Fast Identity Online Alliance (FIDO) voice-ready implementation at the Consumer Electronics Show in Las Vegas this week.
Both companies are part of FIDO, a consortium of Internet companies, system integrators, and security providers whose goal is to support online authentication with an industry standards-based open protocol. Other founding members of the organization include Infineon Technologies, Lenovo, PayPal, and Validity.
"The hacking of personal information persists on a massive scale, costing businesses millions of dollars to mitigate fraud, while consumers remain frustrated with password-based authentication methods. The time is now for a change in the industry," said Emilio Martinez, Agnitio CEO, in a statement. "With FIDO Ready voice ID, the entire mobile ecosystem benefits--consumers simply authenticate by speaking; developers add personalization to their apps; commercial entities can provide expedient customer service and minimize security risks, all while saving time and money."
The companies said that the demo showed how Voice ID and Nok Nok Lab's Multifactor Authentication Client can be integrated into a mobile application to perform voiceprint-based strong authentication. The solution illustrated how FIDO-based authentication can replace the use of passwords to log in or confirm an e-commerce payment. The product empowers users of online, mobile, and point-of-sale applications to conveniently access sites and services, and perform transactions that are more secure, private, and easy to use, according to the companies.
Nok Nok Labs' client and server software leverages the existing security capabilities on a user's device, such as a built-in microphone, fingerprint sensor, camera, or Trusted Platform Module to provide user-friendly, strong authentication to any application. Unlike current siloed authentication solutions, Nok Nok Labs allows organizations to support a wide range of authentication technologies from a single, unified platform.
"The FIDO Alliance is gaining momentum, with more than seventy members joining in the last year, including Microsoft, Google, Discover Financial, MasterCard, Aetna, Goldman Sachs, and more," said Phillip Dunkelberger, president and CEO of Nok Nok Labs, in a statement. "Agnitio shares our leadership in the FIDO Alliance and together we take pride in the rapid steps we are taking to create universal strong authentication through open standards. Agnitio voice ID demonstrates a compelling user experience that epitomizes the FIDO Alliance goals of simplicity and security. Importantly, Agnitio's and Nok Nok's solution can be adopted for use today on the large existing install base of mobile devices, as well as for future devices."