VeriTran Selects Sensory to Boost Security and Convenience of Banking and Financial Apps

SANTA CLARA, Calif., Nov. 16, 2016 /PRNewswire/ -- Sensory Inc., a Silicon Valley company enhancing user experience and security for consumer electronics, and VeriTran, a technology solutions provider for the financial and retail industry, today announced a global partnership that will provide a more secure and convenient way to authenticate users of mobile banking and mobile payments solutions.  VeriTran now uses Sensory's TrulySecure™ software which requires no specialized biometric scanners, yet provides the use of face and voice biometrics for convenient, quick and secure user authentication.

"User security is at the top of our customers' priority lists, and through our relationship with Sensory we have been able to add unprecedented user security, as well as add new levels of end-user convenience, to the solutions we offer," said Marcelo González, CEO of VeriTran. "Biometric authentication has become a hot topic among our customers, in fact some of our customers have already released or are working on releasing mobile banking app featuring TrulySecure face and voice biometric authentication."

TrulySecure delivers multiple advantages over other single modality biometric technologies including:

1. Deployable on the widest variety of new and existing devices (no special sensors required)
2. Simple UI. No tapping screens, swiping fingers, or carefully positioning an eye
3. Fast enrollment and usage, security improves with every use
4. Robustness to environments with poor lighting or high noise
5. Anti-spoofing techniques such as motion and skin texture analysis
6. (Fast Identification Online) FIDO UAF Certified

"VeriTran is a pioneer and leader in secure digital and mobile banking solutions and we are thrilled to have them as our partner," said Todd Mozer, CEO of Sensory. "Working with VeriTran enables us to offer their broad list of bank and financial institution customers access to our advanced biometric authentication technologies. We look forward to working with VeriTran and their customers to further improve the user experience and security of mobile banking."

VeriTran's has dozens of customers, including Banorte, one of the largest commercial banks of Mexico, which has recently updated its mobile banking app to include face biometric authentication.

For more information about this announcement, Sensory or its technologies, please contact [email protected] ; Press inquiries: [email protected]. For more information about VeriTran or its technologies, please contact [email protected] ; Press inquiries: [email protected].

About Veritran
For over 10 years VeriTran has been a pioneer company and technology leader developing secure digital bank solutions for the financial industry, our vision is to facilitate the transition to digital banking, lowering customer attention costs, transforming payments and enabling financial inclusion. VeriTran's solutions are deployed in more than 35 Banks, representing more than 1500 million transactions processed annually. To date, VeriTran's solutions are used by over 5 million end users of leading banks. Visit VeriTran at www.veritran.net

About Sensory Inc.
Sensory Inc. creates a safer and superior UX through vision and voice technologies. Sensory's technologies are widely deployed in consumer electronics applications including mobile phones, automotive, wearables, toys, IoT and various home electronics. With its TrulyHandsfree™ voice control, Sensory has set the standard for mobile handset platforms' ultra-low power "always listening" touchless control. To date, Sensory's technologies have shipped in over a billion units of leading consumer products.

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SOURCE Sensory

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http://www.sensory.com