It’s exciting times at Turant, an AI solution start-up that delivers voice identification and biometric verification solutions with over 99.9% accuracy. The young business that stands by the mission to make the digital world safer for people and corporations is participating in the 12th Annual Investment Meeting (AIM) Global 2023 ADNEC to be held in Abu Dhabi, the United Arab Emirates. AIM is a leading investment platform in the Middle East that aims to ignite positive change by creating investment possibilities.
The idea behind Turant transcends geographical boundaries, especially in light of the data published by Astra Security, which states that the cost of cybercrime is expected to rise by 15% over the next five years, reaching $10.5 trillion by 2025. Moreover, in the first six months of 2022, over 37% of the scam reports received by the Identity Theft Resource Center were about Google Voice scams. This statistic indicates that voice phishing, or “vishing,” is rising.
The AI system by Turant (VoiceVerifyTM) supports varied languages, accents, and dialects (for example, more than 20,000 just in India), thereby enabling precise identification of the person on the other end of a phone call regardless of location and speech. Furthermore, the touchless and stateless cloud-based system (public or private) leverages the existing telephony (mobile/fixed/IP) network, making it an easy-to-install and economical choice.
Being present at the summit opens doors for young innovative firms like Turant, who can demonstrate their vision to investors from around the globe in a start-up pitch competition and also exhibit their products.