Country for PR: United States
Contributor: PR Newswire New York
Wednesday, March 17 2021 - 00:00
AsiaNet
Nuance Voice Biometrics Technology Strengthens Bank Australia's Authentication and Security Processes
BURLINGTON, Mass., March 16, 2021 /PRNewswire-AsiaNet/ --

  -- Deployment of Gatekeeper solution to protect tens of thousands of
     customers from fraud and provide superior customer experience - free from
     passwords and security questions 

Nuance Communications, Inc. ( https://www.nuance.com/index.html ) (NASDAQ: 
NUAN) today announced that Bank Australia ( 
https://c212.net/c/link/?t=0&l=en&o=3097403-1&h=4036264322&u=https%3A%2F%2Fbankaust.com.au%2F&a=Bank+Australia 
), one of Australia's leading customer-owned banks, has deployed Nuance 
Gatekeeper, the world's most advanced biometrics solution for authentication 
and fraud detection to improve the customer experience. Following a pilot 
rollout in December of 2020, Bank Australia is now offering biometric 
protection to all customers. With this voice technology deployment, Bank 
Australia aims to provide the latest standard of excellence in customer service 
and digital experience.

"We are excited to offer our customers an easier and more secure way of banking 
with Bank Australia through our partnership with Nuance," said Brad Jordon, 
Bank Australia Chief Operating Officer. "Our team will save time usually spent 
on repetitive authentication processes to enable greater focus on customer 
needs and experience without compromising on security. We take more than 
400,000 calls per year, so we look forward to improving customer experience and 
adding this extra layer of security to their accounts."

Nuance's biometric solution now powers Bank Australia's VoiceID service, 
authenticating customers via their voice in mere seconds, eliminating the need 
for passwords or security questions, and ultimately offering a higher standard 
of security and convenience. As fraudsters continue to develop new methods for 
bypassing the knowledge-based authentication methods used by call centers-from 
social engineering to AI-powered deepfake technologies-the need for such 
reinforced authentication systems is clear.

Customers can now choose to create their unique, encrypted voiceprint with Bank 
Australia through a simple phone conversation. Each time the customer contacts 
Bank Australia, over 1000 characteristics of their voice–such as pronunciation, 
pitch and cadence–will be analyzed by Nuance's biometric solution, verifying 
their identity within seconds. The process requires no additional input from 
the customer and is one of the safest ways to verify callers' identities.

"There has never been a greater need for biometric authentication technology 
and the superior fraud protection and digital experience it provides in the 
finance industry. Consumers are banking online more than ever before and the 
fraud threat is increasing as a result," said Brett Beranek, Vice President and 
General Manager, Nuance. "We are proud to partner with Bank Australia to 
innovate their contact center offering their customers a simpler and more 
secure way to access their banking services."

Nuance biometrics technology is implemented by 19 of 20 of the world's top 
financial institutions today, and nine of the 10 largest global 
telecommunications companies. Bank Australia joins the growing list of leading 
enterprises successfully leveraging Nuance's biometric solutions, including the 
Australian Taxation Office ( 
https://c212.net/c/link/?t=0&l=en&o=3097403-1&h=4041533862&u=https%3A%2F%2Fwww.nuance.com%2Fomni-channel-customer-engagement%2Fcase-studies%2Faustralian-tax-office.html&a=Australian+Taxation+Office 
) (ATO), NAB ( 
https://c212.net/c/link/?t=0&l=en&o=3097403-1&h=1888523505&u=https%3A%2F%2Fwww.nuance.com%2Fen-gb%2Fabout-us%2Fnewsroom%2Fpress-releases%2Fnuance-voice-biometrics-quickly-identifies-customers-and-strengthens-security-for-national-australia-bank.html&a=NAB 
), HSBC ( 
https://c212.net/c/link/?t=0&l=en&o=3097403-1&h=3509707315&u=https%3A%2F%2Fwww.about.hsbc.co.uk%2Fnews-and-media&a=HSBC 
), ANZ ( 
https://c212.net/c/link/?t=0&l=en&o=3097403-1&h=3306319146&u=https%3A%2F%2Fmedia.anz.com%2Fposts%2F2017%2F09%2Fanz-first-australian-bank-to-roll-out-voice-id-for-mobile-bankin&a=ANZ 
) and Deutsche Telekom ( 
https://c212.net/c/link/?t=0&l=en&o=3097403-1&h=2336858106&u=https%3A%2F%2Fwww.nuance.com%2Fabout-us%2Fnewsroom%2Fpress-releases%2F2018%2FDeutsche-Telekom-Selects-Nuance-Biometrics-to-Ease-Authentication-and-Halt-Fraud.html&a=Deutsche+Telekom 
).  Over 600 million consumers make more than 8 billion successful 
authentications yearly and Nuance biometrics has already prevented over $2 
billion worth of customers' money from getting into the wrong hands.  

For more information on Nuance Gatekeeper, click here ( 
https://c212.net/c/link/?t=0&l=en&o=3097403-1&h=3449470044&u=https%3A%2F%2Fwww.nuance.com%2Fomni-channel-customer-engagement%2Fsecurity%2Fnuance-gatekeeper.html&a=click+here 
). 

For more information about Bank Australia VoiceID, watch this video 
(https://c212.net/c/link/?t=0&l=en&o=3097403-1&h=479693467&u=https%3A%2F%2Fwww.y
outube.com%2Fwatch%3Fv%3DW6YE4wV0bmg&a=watch+this+video ).

About Bank Australia
Bank Australia ( 
https://c212.net/c/link/?t=0&l=en&o=3097403-1&h=4036264322&u=https%3A%2F%2Fbankaust.com.au%2F&a=Bank+Australia 
) exists to inspire and empower our customers to use their money to create a 
world where people and the planet thrive. We are 100% customer owned, a 
certified B Corp and we aim to be Australia's most trusted bank. We represent 
more than 170,000 customers and we're the custodians of more than $8billion in 
assets.  

About Nuance Communications, Inc.
Nuance Communications ( 
https://c212.net/c/link/?t=0&l=en&o=3097403-1&h=1605851630&u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D2962967-1%26h%3D505812426%26u%3Dhttps%253A%252F%252Fwww.nuance.com%252Findex.html%26a%3DNuance%2BCommunications&a=Nuance+Communications 
)(NASDAQ: NUAN) is a technology pioneer with market leadership in 
conversational AI and ambient intelligence. A full-service partner trusted by 
77 percent of U.S. hospitals and 85 percent of the Fortune 100 companies 
worldwide, Nuance creates intuitive solutions that amplify people's ability to 
help others.

Trademark reference: Nuance and the Nuance logo are registered trademarks or 
trademarks of Nuance Communications, Inc. or its affiliates in the United 
States and/or other countries. All other trademarks referenced herein are the 
property of their respective owners.

Media Contact
Nuance Communications
Dayna McCoubrey
+1 781.565.4728
Dayna.McCoubrey@Nuance.com

Logo - https://mma.prnewswire.com/media/1156940/Nuance_Communications_Logo.jpg 

SOURCE: Nuance Communications