PLANO, Texas (PRWEB) June 1,2023

Wink, a pioneer in multi-modal biometric authentication and payments, proudly announces its prestigious recognition as a Best of Show winner at FinovateSpring 2023. In a lineup of carefully selected startups showcasing cutting-edge innovations in fintech and AI, Wink’s innovation in the various areas of facial and voice recognition, especially with its new voice liveness detection technology using generative AI, biometrically enhanced human presence check for validating financial transactions, and the use of multi-modal biometrics in a multitude of banking and payment use cases, drew one of the largest amount of votes, solidifying its position as an industry frontrunner.

Finovate conferences serve as a platform to showcase advancements in fintech, and Wink’s recognition highlights the potential in the market for the broad adoption of biometrics and AI for delivering an enhanced user experience while ensuring the safety and security of our most sensitive transactions.  By harnessing the power of facial and voice recognition with a zero-knowledge architecture, Wink powers effortless and smart authentication and payments experiences, eliminating the vulnerabilities and fraud associated with the currently adopted methods. The newly launched multi-modal liveness detection feature by Wink is designed to differentiate both face and voice of a real human user from an AI generated, recorded video or deepfake of the same user — a key in helping prevent fraud by hackers and bots trying to access sensitive accounts or conducting unauthorized transactions.

During the seven minute live on-stage demo, Wink’s Founder and CEO, Deepak Jain, successfully showcased a user logging into their account on any device with a camera, while ensuring the security of their identity. This included stepping up the authentication to include voice verification, if the user’s face was partially covered or blurred, an industry first for a biometric passwordless system. In the second part of the demo, a hack was simulated using recorded video of a real person which was successfully detected and rejected by Wink’s AI in real time. Wink then went on to demonstrate an industry first biometric human presence check to validate a financial transaction such as a wire transfer to replace the highly vulnerable and phishable SMS/OTP code-based 2nd factor verification used today by most institutions. The demo concluded by showcasing the same user conducting a handsfree, face biometrics-based payment transaction on a commercial point of sale terminal. This unparalleled combination of convenience and security sets Wink apart as an industry trailblazer, reshaping the future of authentication and payments.