PBOC Releases Its First Bio-identification Standards for China’s Finance Sector


The People’s Bank of China has launched a new set of standards for voiceprint recognition which are applicable to mobile banking and third party payments.

PBOC released the “Mobile Finance Voiceprint Recognition Security Application Technology Standards” (移动金融基于声纹识别的安全应用技术规范) (serial no.: JR/T 0164-2018) on 9 October, effective on the same date.

The standards are the product of three years of research and development undertaken by China Construction Bank, Tsinghua University and Beijing-based d-Ear Technologies (北京得意音通技术有限责任公司), with the big four state-owned banks as well as third party payments platforms all providing feedback.

The standards mark the first ever release of bio-identification standards by the Chinese central bank which are specifically applicable to the country’s financial sector.

The move arrives in the wake of increasing use of voiceprint identification by Chinese fintech giants, with Tencent’s WeChat app permitting voice-based log-ins, and Ant Financial’s Alipay platform also making use of voiceprint technology.