In the backdrop of rising mobile payment and wallet applications usage in banking apps and e-commerce across the globe, face recognition has reportedly emerged as the most favored biometric-based user authentication technology owing to its moderate implementation cost, unparalleled ease of use and enhanced security features.
According to sources, TrulySecure offers a state-of-the-art neural net technology that runs solely on the device as it doesn’t store biometric data on the cloud, something which has never been witnessed earlier in the biometrics market space. The unique technology, is further reported to blend voice and face biometrics together for enhanced security along with an anti-spoofing method to prevent unauthorized intruders from accessing data of the authentic users.
Todd Mozer, CEO of Sensory, was quoted stating that the company is pleased to work with Fujitsu Limited where it is embedding its advanced biometric authentication technology, TrulySecure, in Fujitsu’s customers’ mobile apps who are increasingly preferring the latest user authentication services offered by leading firms operating in biometrics market.
Reportedly, Mizuho Bank, the leading Japanese financial services firm, is claimed to be the first buyer of Sensory-Fujitsu partnership. The company, apparently, has acknowledged to integrate Sensory’s TrulySecure facial recognition system into its mobile banking app.