Pleasanton, CA, November 18, 2015 --(PR.com
)-- SayPay Technologies, Inc. was recognized as one of three top start-ups competing in the inaugural "UBS Future of Finance Challenge” held in Singapore on November 2-3, 2015. SayPay competed at the regional event against 15 promising innovation companies from a total field of 620 applicants from 52 countries. Steve Hoffman, CEO, and Ramsyam Missula, CTO, pitched to a panel of 8 senior UBS executives, who included Chi-Won Yoon, President UBS Asia Pacific.
“During the event, we introduced our ‘Customer Authentication Experience’ solutions that streamlines customer authentication while improving security with voice biometrics,” Steve Hoffman claimed. “The distinguished panel of UBS judges were quick to recognize how SayPay transforms fragmented current authentication solutions into a seamless, enjoyable customer interaction with their financial institutions.”
SayPay’s innovative approach combines speech recognition, voice recognition, and tokenization in every authentication event. Ramsyam Missula added, “Our patent-pending solution offers the best combination of security and flexibility. The crypto-graphically generated SayPay Voice Token identifies each transaction and provides a unique one-time password with each use. Users simply read the value into their registered mobile phone where we simultaneously verify the phone, code and user, providing 3-factor authentication.”
SayPay is off to Zurich, Switzerland to compete in the UBS Future of Finance Global Final among 12 competing global finalists on December 10, 2015.
SayPay Technologies, Inc., is headquartered near Silicon Valley in Pleasanton, CA and has its development lab in Bangalore, India. SayPay solutions start at the beginning of the customer experience during authentication by transforming fragmented authentication methods using voice technology. Users simply read a single-use “SayPay token” into their registered mobile phone where SayPay simultaneously verifies the phone, the code and the user. You really should check them out at www.saypaytechnologies.com.