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SayPay Wins APAC Regional UBS Challenge

11 November 2015

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 November 11, 2015
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Heading to Zurich for Global Competition in December 2015

SINGAPORE/NOVEMBER 10, 2015/ SayPay Technologies, Inc. was recognised 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.

 

About SayPay:

SayPay Technologies, Inc., is headquartered near Silicon Valley in Pleasanton, CA and has its development lab in Bangalore, India.  They provide advanced online and mobile payment solutions using their patent-pending voice and crypto-engine technology.  SayPay enables users to make bill payments, perform online purchases and securely sign-in to websites on their mobile device by simply using their voice.  SayPay’s Voice Banking functionality enables users to simply use their voice to navigate & perform actions within the banking app.  SayPay offers a pleasant customer experience with ultimate authentication security.  You really should check them out at www.saypaytechnologies.com.

 

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