We’re just a couple weeks away from the annual Money20/20 conference in Las Vegas, the most important event of the year for the global payments and financial services industries. This event will bring together over 10,000 attendees from more than 75 countries, making it a major focal point for the financial ecosystem.
What’s great about Money20/20 is that it draws businesses of all sizes as opposed to just large enterprises. In fact, almost half of all organizations at the conference will be startups and small companies ranging from mobile commerce providers to payments and financial services vendors to investment and consulting services.
When we saw this figure, we couldn’t help but wonder just how many of these young businesses will grow into large financial powerhouses. Statistically speaking, not many companies will make it. Ninety percent of all startups, after all, will fail before they become large enterprises. And the risks are especially significant in the tumultuous financial landscape, as just one major data breach could be enough to lead to major financial consequences, and it could also spook customers away.
So, if you’re a small- to medium-sized business heading to Money20/20, and your customers regularly conduct business over a mobile application, it’s imperative that you don’t leave the event without a robust mobile identity verification solution which can keep your customers’ accounts safe.
VoiceVault is one vendor you will find at Money20/20 that can help fulfill your business’s need for mobile identity verification. Its mobile voice biometric authentication solution, ViGo, will allow your customers to log into mobile accounts using their own unique voiceprints. With the help of VoiceVault, your business can become less reliant on outdated password and username logins.
Be sure to stop by booth 2219 to meet the VoiceVault team and learn more about how voice biometrics can keep your customers’ identities safe!