It’s no secret that synthetic voices are taking the world by storm.
With the rise in voice cloning technology, the rise in bad actors and fraud attempts has been quick to follow. According to Reality Defender, deepfake voice fraud could result in up to $40B in losses by 2027.
The latest warning delivered by OpenAI CEO Sam Altman at the Federal Reserve conference in Washington recently only validates this stat... and likely means that number is a gross under-estimation.
Altman shared that in its current state, voiceprint authentication simply doesn’t cut it. And that financial institutions need to face the difficult reality that this screening measure has been defeated by AI, calling for an entirely new set of verification methods.
But there is good news: Altman’s keynote just validated the work we are doing here at VoxEQ.
Legacy, voiceprint-only systems are broken and leaving enterprises further at risk of rising fraud. Financial institutions today need more than voiceprint. They need real-time intelligence that can perform both ID/V and fraud detection, catching threats before they escalate and securing the voice channel without adding friction.
Most fraud doesn’t wait for voiceprint enrollment. VoxEQ Verify uses voice bio-signals to detect caller mis-match within seconds. It does not rely on enrollment, shared databases, or stored voiceprints. Instead, it analyzes unique vocal traits that cannot easily be faked or replicated.
This detection works even on first-time callers, making it essential for identifying identity threats early, before access is granted. Most importantly, it analyzes unique vocal traits that cannot easily be faked or replicated.
VoxEQ Verify provides two layers of protection:
Detects fraudsters: Even without voiceprint, VoxEQ Verify spots impostors attempting account takeovers on all calls by using a fusion model of voice bio-signals; this is critical because most members (or account holders) aren’t enrolled.
Assists ID/V: For enrolled callers, voiceprint is just one input alongside birth sex, age, and other bio-signals, along with a real-time watch list which is consistently monitoring fraud attempts and registering repeat imposters.
In Altman’s own words, using voiceprint “is a crazy thing to still be doing. AI has fully defeated that."
That’s exactly why we built VoxEQ Verify. We anticipated this shift—before deepfakes went mainstream and before AI cracked voice cloning. Verify was built for the world Altman is now describing: one where identity threats are AI-powered, real-time, and invisible to traditional defenses.
Verify goes further with real-time voice bio-signal analysis, for more trustworthy fraud detection in every call. Just precise answers to the most important question in authentication: is this person really who they say they are?
Altman sounded the alarm. It’s time to explore the solutions that will safeguard account holders in this new world of AI.