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The largest private sector lender claimed it is the first to introduce such a service, which does away with a five-step process followed at present.
it said this process is secured by the two-factor authentication parameter of device authentication and secure login by the customer and all transactions take place on its own servers which ensures that no confidential or financial information is shared.
The bank had first introduced voice-based banking services two years ago by deploying voice recognition technology to verify a caller’s identity through natural conversation by analysing over 100 characteristics, including voice modulation, speed, accent and pronunciation.
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