FB pixel

Biometrics considered for mobile payment in Central Africa, rolled out at FCMB ATMs in Nigeria

 

Fingerprint-Identification

The Bank of Central African States (BEAC) is considering implementing biometrics for mobile payment account holders, in partnership with local telecom operators, according to Africa Intelligence.

A tender has not been issued, but the report indicates that partners MobiWare and ProgressSoft are positioning themselves to bid on the project to provide fingerprint biometrics and facial recognition, as are Dermalog, Idemia, Veridium and Thales.

Meanwhile in Nigeria, First City Monument Bank (FCMB) has rolled out paperless transactions at over 200 branches with 575 biometric ATMs, along with point-of-sales (PoS) terminals for fingerprint biometric authentication within branches.

The ATMs, also equipped with fingerprint scanners, can be used for bank transfers between FCMB accounts, interbank transfers, PIN changes and data updates.

“The FCMB cardless biometric transaction on ATM is a pioneering innovation in digital banking in Nigeria that provides wider access to ATM usage for many more people who may not have debit cards,” states FCMB Executive Director of Retail Banking Olu Akanmu. “It delivers greater financial inclusion. Its biometric identity factor also delivers enhanced security and convenience for customers, taking their digital experience to the next level.”

FCMB has a customer base of more than 6 million people, according to the announcement.

Article Topics

 |   |   |   |   |   |   | 

Latest Biometrics News

 

Biometrics cutting the line of in-person payments innovations: Mastercard

Mastercard sees biometrics for in-store payments as a part of a broader shift towards seamless interactions of all kinds, as…

 

New South Wales’ government is investing millions in digital identity

New South Wales’ decentralized digital identity program is getting a cash infusion from the Premier Chris Minns’ government, which has…

 

Innovatrics cuts fingerprint error rate by 20%, upgrades SmartFace platform

Innovatrics has reported its best-yet scores in NIST’s fingerprint biometrics testing, and added a new feature to its facial recognition…

 

Canadian cruise terminal gets Pangiam face biometrics for ID verification

The Vancouver Fraser Port Authority and U.S. Customs and Border Protection (CBP) have joined forces to implement face biometrics for…

 

Atlantic Council stresses importance of DPI, data for stronger digital economies

The Atlantic Council has highlighted the importance of digital identity and digital public infrastructure (DPI) in birthing and growing strong,…

 

Sri Lanka extends bid deadline for national digital ID project

The Government of Sri Lanka has extended the deadline for the submission of bids for the procurement of a Master…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Read This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events