Nemesysco

Nemesysco is an Israeli company that sells voice analysis programs marketed for fraud prevention, the detection of emotion, stress management, and other purposes. The company's products have been put into use by insurance companies, call centers, banks and airports, but their use has raised questions about whether the underlying technology is based on pseudoscience.

The company was founded in 2000 by Amir Liberman, an Israeli businessman with no college education or formal training in mathematics, computer science or speech science. Despite the founder's lack of experience in the field and what one journal described as the program's "amateurish" programming, the company's products have been put into service by insurance companies such as Admiral Group and Esure, the Waupun, Wisconsin police department and the Department for Work and Pensions in the United Kingdom.

The company describes its software as "honesty maintenance" software, with applications including its use in human resourcing during interviews to determine the honesty of the applicant.

But after spending 2.4 million pounds on tests over three years, the Department for Work and Pensions revoked its funding for the program, saying that it "couldn't confirm that it represented any good value for money."

The program was also used for a study looking for links between the vocal performance of company executives and their firms' future financial performance.

Nemesysco is represented and its products are marketed by V Worldwide in the United States

Government, academic and peer-reviewed studies have found major flaws in "layered voice analysis," the technique used by Nemesysco's products. A report for the U.S. Department of Justice assessing the program's ability to detect deception found that it "failed consistently," with high rates of both false positives and false negatives. A University of Florida study conducted a year earlier had found that LVA "misclassified the low-stress and truthful samples with great frequency."

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Wikipedia