W3C looks to improve speech recognition technology for web transactions
"W3C, the standards-setting body for the Internet (World Wide Web Consortium), is has completed a draft for the important VoiceXML 3.0 - technology enabling voice identification verification. While normally associated with voice commands, it has the potential to greatly speed and improve the accuracy and positive proof of online transactions.
Some larger net businesses are even using it to confirm orders and verify identity. Many, however, have become increasingly worried about the reliability and security of these transactions with fraud and identity theft on the rise. Error rates have been around 1 to 2% - unacceptable for ironclad business transactions." continued ... (Via PhysOrg)

Voice Transactions.













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