Voice technology company grows into industry leader

Writer: Chang Zhipeng  |  Editor: Holly Wang  |  From: Shenzhen Daily  |  Updated: 2020-09-25

Li Yatong

VoiceAI Technology Co. Ltd., a hi-tech company that applies voiceprint recognition technology to daily scenarios, has become an industry leader worldwide with its advanced self-developed technologies.

VoiceAI, who recently reported a financing of about 100 million yuan (US$14.6 million), owns more than 40 intellectual property rights. With the company’s voiceprint recognition technology, users can quickly and accurately identify a speaker’s identity in a complex and noisy environment with an accuracy of 99.9 percent.

In December last year, VoiceAI through public bidding became the provider of the voiceprint recognition project for the Industrial and Commercial Bank of China (ICBC). In June this year, the company’s technology went online at the credit card centers of four ICBC branches nationwide. In just one week, the application identified and intercepted hundreds of suspicious transactions, preventing hundreds of thousands of yuan in economic losses.

According to Li Yatong, CEO of VoiceAI, the company is also expanding its technology to other fields such as social insurance, public safety, Internet of Things, transportation, and government and enterprise services.

Currently, the company’s FinVoice voiceprint recognition system is utilized by the national social security project of Indonesia. With the system, the 2.5 million Indonesian retirees can complete the identity authentication process remotely through phone calls or using a mobile App, saving a lot of manpower and significantly reducing the rate of insurance fraud.

INFONAVIT, the largest personal mortgage bank in Mexico, has also applied VoiceAI’s identity authentication service to its comprehensive financial businesses covering social security, mortgages, and loans.

“Our company will continue to develop products that can be applied to various scenarios, so as to promote the development of the country’s digital technology and use the digital technology to better solve various social and public problems”, Li said.