Corsound has joined the NayaOne Tech Marketplace. It provides Voice-to-Face matching, where financial institutions can match a voice to a face and detect deepfakes in video KYC for authentication, adding another layer of security.
We're delighted to announce our partnership with NayaOne and to be part of their network. Our voice intelligence technology, based on over 200 autonomous AI patents, is going to save the banking and finance industry billions. NayaOne’s mission to support bank-fintech partnerships will be supported by Corsound.
Gal Haselkorn
CEO, Corsound AI
We welcome Corsound to the NayaOne Technology Marketplace. In today’s world digital KYC can be extremely lengthy and challenging and slowed down even further with regulatory requirements. Corsound AI prevents fraudsters from using voice deepfakes for fraudulent activities in contact centres and KYC methods.
Varun Resh
Marketplace Manager, NayaOne
In the financial sector, the rise of deepfake technology poses a growing threat. These AI-generated forgeries can deceive systems and people, potentially leading to fraud and reputational damage for banks. Corsound AI specialises in detecting deepfakes, offering crucial protection against fraud in financial transactions and communications. Prioritising this issue helps banks secure operations, uphold trust, support their on-going corporate innovation, and comply with emerging regulatory compliance standards.
Corsound AI prevents fraudsters from using voice deepfakes for fraudulent activities in contact centers and KYC methods. With the rise of Gen AI scams, including deepfakes where fraudsters pretend to be legitimate customers, Corsound AI uses advanced technology to prevent such fraud.
Benefits and Key Features that Corsound Offers Financial Institutions
- Corsound AI helps banks and financial institutions fight fraud with advanced technology.
- Their tools spot fake voices and videos, protecting against identity theft and meeting rules.
- Real-time fraud detection catches problems fast, keeping customers safe.
- They stay effective against new fraud tricks. Easy integration into existing systems makes it simple for banks to use and keeps operations smooth.
- Corsound AI's solutions are scalable, making them great for any size bank looking to boost security and trust.
Case Study
Advanced PoC’s with Banks in North America and Israel.
A prominent bank partnered with Corsound AI to combat deepfake fraud. During initial testing, Corsound AI’s detection technology successfully identified deepfake attempts in calls and transactions. The findings during this phase prompted the bank to adopt Corsound AI’s solution.
This integration enhanced their ability to prevent fraud, ensuring more secure customer interactions. As deepfake technology evolves, the bank remains proactive in safeguarding against emerging threats, reinforcing its commitment to digital security.
This partnership allows financial institutions to discover, evaluate, and test Corsound AI’s KYC solution through NayaOne’s Sandbox-as-a-Service platform. By integrating Corsound AI’s advanced fraud detection and prevention technologies into NayaOne’s digital sandbox platform, financial institutions gain enhanced security against identity theft and fraudulent activities. It supports NayaOne’s mission to enable and facilitate bank-fintech partnerships by helping them find, assess, and onboard new tech vendors in an air-gapped, secure testing environment that eliminates the need to bring vendors through their procurement and TPRM process first.
Enterprises have access to synthetic datasets, tech marketplace, and a digital sandbox, allowing them to scale third-party technologies to production, as well as to build functional proofs-of-concepts in 6-9 weeks rather than 9-12 months without onboarding the fintech.
Corsound AI’s main solution is Voice-to-Face matching, where they can match a voice to a face and detect deepfakes in video KYC for authentication, adding another layer of security. Located in Tel Aviv, the company has 20 employees and leverages over 200 advanced AI patents to develop their technology, focusing on real-time protection against identity theft and fraudulent attempts. One of their key technologies is Deepfake Detection, which ensures the authenticity of voice interactions and helps prevent fraud by detecting synthetic or manipulated voices. Corsound AI won the Best of Show award at the Finovate Europe Conference.
