Initiating biometrics ID services: local company awarded Dutch government grant

VoiceTrust, a global leader and provider of digital payments and voice biometric solutions announced Monday that they are delighted to be awarded Dutch government's grant for the roll-out of biometrics based ID services (Proof-of-LifeTM) in Pakistan.
The Private Sector Investment Programme is a subsidiary programme of Dutch Ministry of Foreign Affairs/Development Co-operation that supports innovative investment projects in emerging markets.
Martin Moonen of the PSI said, "The project was well received by the committee because the service to be provided are an important step towards delivering banking and financial services to the non-banked population. The reduced transaction costs allow new small businesses to making use of the extensive mobile network in Pakistan. This kind of private sector investment is exactly what PSI is meant for".
Tariq Habib, CEO, VoiceTrust, said, "VoiceTrust is honoured to receive the PSI grant and committed to rolling-out Proof-of-LifeTM in Pakistan. Individuals will no longer need to memorise PIN numbers and passwords; they just use their voice to have their identity verified, travelling long distances and waiting in long queues could be a relic of the past."
VoiceTrust is a global innovator in voice biometrics security and its revolutionary Proof-of-LifeTM programme provides safe, secure and cost efficient delivery of various payment services, like secure pension disbursement, that allows pension funds using voice biometrics to ensure that the recipient is still alive and within a country. Recipients do not need to personally visit pension fund locations to authenticate themselves.-PR