Codebase and Acuant provide digital identity, eKYC solution for GCC region

Acuant and Codebase Technologies Digibanc have joined forces to provide the Gulf Cooperation Council region with a digital identity and eKYC solution called Digibanc Identity.

The GCC region includes Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman.

According to the announcement, the goal of the partnership is to provide a strong customer focused solution to industries heavily focused on their customers and are looking to provide deeper and more engaged customer experience. With Digibanc Identity, organizations can lower their customer acquisition costs, operating expenditures, onboarding times, and physical location footfalls from 40% – 70%.

Digibanc Identity has already been deployed successfully for a large scale regional bank in the GCC providing them with regulatory compliance and increased customer satisfaction.

Digibanc Identity aims to establish itself as the benchmark technology for institutions for the verification and onboarding of their valuable customer base on a global scale starting with the GCC and South Asian Regions.

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