February 16, 2011
By Staff Reporter
By Andrew Bushe
DUBLIN — After e-biz the coming buzzword is m-biz, or mobile phone commerce, and two Irish technology companies have linked up to develop a voice recognition system to ensure transactions are secure.
Buytel, partly owned by Enterprise Ireland, and Artic Web have joined forces to develop the unique identity verification system that can be used for mobile commerce on phones, computers and palm pilots.
Tim Keane, director of product development at Artic Web, described the system as the "next-generation payment solution."
It will allow convenient, secure payments on the move using a "voice print."
"It will no longer be necessary for the mobile phone user to have a credit card in their possession. What they need is a line of credit.
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"In the solution we have developed you don’t enter anything using the keyboard. You just speak as instructed to authenticate yourself, which releases all the relevant details, including the credit card number."
He said the U.S. government has endorsed Buytel’s voice-verification technology to monitor prisoners who are on parole.
"Your voice is something that is individual and unique to you. There are specific controls and measures in place within the product to detect attempts such as a replay of prior recordings. The accuracy level is exceptionally high," Keane said.