Money transactions with voice as password - ICICI Bank!
Posted on: 25/May/2015 5:00:13 PM
A new facility using customers’ voices as passwords for financial transactions has been introduced by ICICI Bank.
A compilation of data has been created containing the registered voices of the bank customers. The system will recognise and identify the customer from his calls from mobile number and will permit financial transaction making use of the latest technology.
The detection system will compare the customer’s tone variations, accent, speed and style of talk with the earlier recordings and identify & confirm the permission for financial transaction.
ICICI CEO, MS. Chanda Kochar announced that over 3.3 Crores of ICICI bank account holders & credit card holders will benefit from this scheme.
