Illuma Wins “Best of Show” at Finovate for fraud prevention and caller experience
September 24, 2024 | Events & Partnerships
We’re proud to announce that Illuma has been named a Best of Show winner at FinovateFall 2024. This recognition highlights growing industry recognition for IllumaSHIELD™, our AI-powered voice authentication solution that’s helping financial institutions combat rising fraud while delivering a seamless caller experience.
See It in Action: Illuma Demo at FinovateFall 2024
During our live demo, IllumaSHIELD™ impressed the Finovate audience by showing how our technology blocks voice fraud attempts—even when attackers use deepfake audio and voice clones.
In a simulated contact center environment, attendees witnessed:
- Real-time, passive voice authentication during a natural conversation
- Detection and rejection of synthetic voices and replay attacks
- A dramatic reduction in call handle times—by as much as 90 seconds
- A frictionless experience for legitimate callers
See how well Illuma Shield blocks attempted voice fraud, even with deep fakes (voice clones). It’s a game-changer for institutions looking to secure the phone channel without sacrificing member satisfaction.
“Winning Best of Show at FinovateFall 2024 is a tremendous honor and a reflection of the urgent need for stronger, smarter authentication in today’s world of deepfakes and AI-driven fraud,” said Milind Borkar, Founder and CEO of Illuma. “At Illuma, our mission is to protect both institutions and the people they serve—without compromising experience. This recognition reinforces that voice authentication is no longer a future technology—it’s essential right now.”
Setting a New Standard in Voice Authentication
This is a powerful validation of our mission: to modernize voice authentication for the AI era. As deepfake threats rise and traditional identity verification methods fall short, Illuma’s IllumaSHIELD™ is delivering a proven solution that’s fast, secure, and easy to deploy.
We’re honored to be recognized by Finovate and its audience of fintech leaders, and we’re more committed than ever to helping organizations stay ahead of fraud while improving service quality.
Learn how we detect synthetic voices, stop fraud in real time, and transform contact center security. Schedule a demo today!