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/NEORIS and Veridas join forces to boost innovation in the financial sector

Marta Morrás

Marta Morrás

Global Marketing Director

Table of contents

This alliance will respond to the new demands of the digital landscape for financial services entities.

Introduction

NEORIS, the global digital accelerator with more than 20 years of experience, has signed an international agreement with Veridas – a global leader in developing identity verification and authentication software.

Following the exponential increase in online financial transactions, biometrics solutions have become a strategic tool for banks and insurers. It is one of the safest ways to identify users and avoid any cyber fraud. Through facial, voice, image, or document recognition, financial institutions operate more efficiently and optimize and improve their customers’ experience, allowing them to carry out easy and quick transactions and offering them the highest security levels.

In this regard, NEORIS, with its extensive knowledge of the sector and as a technology partner of global significant banks and insurers, has joined Veridas to offer one of the most cutting-edge market solutions in terms of identification and recognition to respond to the digital landscape’s new demands.

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Voice biometrics, an excellent ally for online banking cybersecurity

The biometrics field has rapidly grown. Financial institutions must ensure that the quality of the technologies they use is certified and evaluated under the strictest and most up-to-date standards and regulations. In addition, banking users are becoming increasingly demanding and are asking for more personalized and secure experiences.

This voice biometrics software allows personal authentication in just three seconds of voice, regardless of language and text, something never seen before and evaluated as one of the best solutions by the NIST (National Institute of Standards and Technology). In addition, it has an innovative anti-fraud system capable of detecting whether the user’s voice is an authentic voice or a recorded message, being able to discard the latter with an accuracy of over 99%.

«Innovation has always been at the core of NEORIS’ DNA, which is why we constantly work to offer the most disruptive solutions to our customers. Veridas’ innovative biometrics system addresses two of the main objectives of financial institutions today, cybersecurity and customer experience. So I am certain that this partnership will be of great benefit to the banking sector» according to Jaime Peñaranda, Global Director of Financial Services at NEORIS.

«It is a great opportunity for Veridas to have NEORIS among its partners. Its experience and technological potential will help us to offer the banking sector a leading solution in the field of identity verification and authentication in digital payment processes,» says Ignacio del Castillo, Strategic Alliances Director at Veridas.

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