Voice Authentication in the FinTech Sector

Voice authentication technology is increasingly vital in enhancing security within the FinTech sector. According to Statista’s report, the global voice recognition market is projected to grow from USD 10 billion in 20202021 to around USD 50 billion by 2029, indicating a significant 23.7% CAGR. FinTech companies are integrating voice authentication to parallel biometric methods like fingerprints and facial recognition.

Voice Authentication in the FinTech Sector

Voice authentication technology is increasingly vital in enhancing security within the FinTech sector. According to Statista’s report, the global voice recognition market is projected to grow from USD 10 billion in 20202021 to around USD 50 billion by 2029, indicating a significant 23.7% CAGR. FinTech companies are integrating voice authentication to parallel biometric methods like fingerprints and facial recognition.