(Los Angeles, CA and Sydney, Australia) December 22, 2014 –Signature Card Services, award-winning payment processing provider, and NSDB, a boutique, internet technologies incubator, have agreed to form a joint venture, vocaONE, aimed at helping payment organizations improve the quality of authentication processes with the use of voice biometrics. vocaONE will develop solutions and services that will significantly improve the dependability of authentication processes and achieve greater security. The company will be headquartered in Los Angeles, CA and will focus its business operations initially in the U.S. market, with global expansion planned in the future.
With today’s data moving freely between networks, mobile devices, and the cloud, data breaches will continue to accelerate and necessitate the use of creative and aggressive authentication instruments. The uniqueness of voice biometrics, or voiceprints, has proven effective for identity authentication by businesses and governments around the globe for a myriad of purposes ranging from password verification to debt collection.
In the payments industry, voice biometrics-based authentication could reduce credit card fraud and increase online security by providing ironclad payer identity verification protocol. vocaONE recognizes the urgent need for a common authentication solution that accommodates all platforms and promises a powerful response to fraud.
“We are excited about this partnership with NSDB and the opportunity to develop and market a family of biometric-based solutions and services for online merchants, gateways, and issuing banks,” says Cliff Teston, CEO and President of Signature Card Services. “By facilitating early adoption of such security tools, we are committed to a forward-thinking approach to managing online security. Through our partnership, we can empower the market to confront fraud in the most cost effective and reliable way possible.”
“Partnering with Signature Card Services gives us the rocket fuel we need to aggressively expand our commercial reach in the United States and worldwide,” says Shea Writer, Director of NSDB. “As our passion revolves around improving the everyday online experience, we are very excited to be partnering with Signature Card Services, who shares our vision of delivering disruptive, core-level internet services to the market.”
For information about vocaONE, visit vocaone.com.
About Signature Card Services
In business since 1997, Signature Card Services is an industry-leading provider of payment services. Since its inception, it has played a central role in the advancement of the US payments industry and in the development of innovative credit card processing technologies by delivering inventive, affordable and secure payment solutions to all business types and sizes. Signature Card Services is a registered ISO and MSP of Merrick Bank and Westamerica Bank, and a registered ISO of Wells Fargo Bank; it is a member of the Better Business Bureau (BBB), the Electronic Transactions Association (ETA), and the Merchant Acquirers’ Committee (MAC).
Headquartered in Sydney, Australia, NSDB PTY LTD is a boutique, internet technologies incubator. The company specializes in network security, remote identity authentication, remote identity verification, and remote data management. By finding creative solutions to root-level “weak links”, NSDB targets the global, online marketplace to improve the everyday, e-business and e-social experience.