City Union Bank Limited (CUB) has launched a facility through which customers can now use Voice Biometric authentication for logging into the mobile banking app. Now customers of City Union Bank will be protected from fraudsters since Voice Biometric cannot be compromised like PIN / OTP. Recorded Voice and Mimicked Voice will be rejected. A Chennai-based start-Up M/s Kaizen Secure Voiz Private Limited, in association with the 5G Use Case Lab of the Institute for Development and Research in Banking Technology (IDRBT) with the support of the Department of Telecommunications and Department of Financial Services, Government of India have developed this technology.
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ii) There are three ...
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