Sopra Banking Software and PW Consultants announced a letter of intention to establish a partnership to develop and distribute the Talk to Pay offering
Talk to Pay is a universal solution specialised in securing electronic payments. It generates a unique cryptogram for each transaction, once the user is authenticated, using either voice biometrics or other authentication techniques.
Furthermore, Talk to Pay facilitates and secures internet purchases, regardless of the payer’s choice of online store. The issuing bank can roll out Talk to Pay at their own pace, without impacting retailers. The solution’s innovative process makes it possible to significantly reduce online, email and telephone fraud.
Both entities have agreed that Sopra Banking Software will be an industrial partner responsible for distributing and maintaining the Talk to Pay solution.
For Sopra Banking Software, this partnership fits perfectly with its digital transformation strategy; for PW Consultants the endeavour guarantees the solution’s durability for its customers, and it means PW Consultants can continue to focus on developing the product, which Sopra Banking Software will then industrialise.