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Persistent Systems Limited — Regulatory Filings 2020
Jan 23, 2020
60826_rns_2020-01-23_18ece96a-eb90-4cd6-94b5-5dcfe403fde8.pdf
Regulatory Filings
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NSE & BSE / 2019-20 / 101
PERSISTENT
January 23, 2020
The Manager, Corporate Services, National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai 400 051
The Manager, Corporate Services, Bombay Stock Exchange Limited 14[th ] Floor, P J Towers, Dalal Street, Mumbai 400 001
Ref: Symbol: PERSISTENT
Ref: Scrip Code: 533179
Dear Sir/Madam,
Sub: Press Release regarding "Persistent Systems and ValidSoft deliver new Secure Digital Voice Authentication Capabilities for Banking and Credit Unions"
We wish to inform you that the Company has made a press release dated January 23, 2020, titled "Persistent Systems and ValidSoft deliver new Secure Digital Voice Authentication Capabilities for Banking and Credit Unions".
The copy of the Press Release is enclosed for your records.
Please acknowledge the receipt.
Thanking you,
Yours Sincerely,
For Persistent Systems Limited
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Persistent Systems Limited, Bhageerath, 402, Senapati Bapat Road, Pune 411016 I Tel : +91 (20) 670 30000 Persistent Systems Inc., 2055, Laurelwood Rd, Suite 210, Santa Clara, CA 95054, USA I Tel : +1 (408) 216 7010 CIN - L72300PN1990PLC056696 I Fax - +91 (20) 6703 0009 I e-mail - [email protected] I Website - www.persistent.com
Persistent
Soft
Persistent Systems and ValidSoft deliver new Secure Digital Voice Authentication Capabilities for Banking and Credit Unions
HERNDON, Va. and Santa Clara, Calif. January 23, 2019 - Persistent Systems and ValidSoft have jointly developed a secure digital voice authentication for continuous user validation, integrated with Persistent's banking solutions. As part of Persistent Digital Bank Solutlon[1] '·1, Persistent will leverage ValidSoft's Precision Voice Biometrics[™ ] to ensure strong identity assurance for all individuals transacting on their platform.
Persistent (BSE & NSE: PERSISTENT) recently announced the availability of the Pe1sistent Digital Bank Solution[™ ] and Persistent Digital Credit Union Solution[™] .
Pat Carroll, CEO & Executive Chairman, ValidSoft
"Together Persistent and ValidSoft are delivering next-generation technologies to enable digital banking solutions to organizations globally. Banking is undergoing significant business transformation as new and ever evolving digital communication channels are embraced. As always, the consumer experience is paramount and guaranteeing the integrity of the transaction is vital. Identity Assurance provides users confidence in the fidelity of their transactions as speech becomes the new user interface of choice for the initiation of sensitive of high value transactions."
Persistent helps credit unions and small and medium-sized banks quickly deliver digital solutions that transform how they engage and serve their members/customers using technologies such as voice biometrics, artificial intelligence, machine learning and cloud computing.
Jaideep Dhok, General Manager Banking, Financial Services and Insurance at Persistent Systems
"Voice as a prim,uy llsP.r lntP.rf,H:P. nhsnlP.tP.s trnditinnal authP.ntir.ation models. Speaker identification (i.e. voice biometrics) is a fundamental requirement for this new type of engagement. Speed, accuracy and precision are the crucial competitive differentiators. As always fraudsters' and hackers' will use ever increasing sophistication and insidious attacks that require advanced defence capabilities such as Replay Attack and Synthetic Attack Detection. ValidSoft leads the world in these capabilities and we are delighted to be partnering to bring these solutions to market."
About ValidSoft
ValidSoft is a global Cyber Security Company that provides the fastest, most secure, most precise and easiest to deploy voice biometric solution. ValidSoft saves businesses money, stops fraud and eliminates consumer frustration by providing a seamless, omni-channel solution to enable secure, fast, friction-free customer engagement.
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About Persistent Systems
Persistent Systems (BSE & NSE: PERSISTENT) is a global solutions company delivering digital business acceleration, enterprise modernization and digital product engineering for businesses across all industries and geographies.
Forward-looking and Cautionary Statements: For risks and uncertainties relating to forward-looking statements, please visit FLCS
Ken Montgomery Saviera Barretto Pulkit Grover Tim Dunn Persistent Systems Archetype Persistent Systems ValidSoft +1-213-500-8355 +91-8434917719 +91-9158715658 +44(0)- 7825 414142 ken r11ontgornery1oersislent.corn Sa vi era. ba r[r] etto@a rchetpe. co pulklt [email protected] [email protected]
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