FB pixel

NTNU-linked biometrics startup Mobai strengthens executive team

Categories Biometrics News  |  Trade Notes
NTNU-linked biometrics startup Mobai strengthens executive team
 

Biometric digital ID verification platform Mobai has added two new executives to its management team to further its objectives of commercial growth and expansion into new international markets.

The Norway-based company has announced Petter Taugbøl and Ole Christian Olssøn respectively as vice president of Business Development and VP of Sales and Marketing.

The announcement notes that Taugbøl, who successfully launched mobile ID start-up Encap, is an executive who comes with experience in preparing start-ups for commercialization.

Olssøn on the other hand brings the experience he has gathered from national and international roles. He was one time CEO of Tellu and had worked as head of sales for Signicat, considered one of the leading European companies in the digital identity and signature space.

Mobai CEO Brage Strand said he is pleased to see the duo join the company, for which next steps will include raising more funds to boost performance and continue its commercialization efforts.

Mobai experiences growing demand for its unique modular biometrics identity and verification solution in Norway and Europe. The Biometric market is developing rapidly as a result of growth in ‘online services’ which again has triggered more and more cases of fraud and identity theft. Biometrics will play a major role as an identity mechanism in the future as it simplifies enrolment and addresses concerns over protection from traditional passwords. Mobai’s ambition is to become a key player globally in the space for biometric solutions with focus on identity verification and onboarding of customers, partners and employees. We are very pleased to see Petter and Ole Christian joining us on our scale-up journey,” says Strand.

Hege Tokerud, an official of the Norwegian University of Science and Technology (NTNU), from where Mobai has its roots as well as the company’s head of business development, suggests that the company needs a strong and diverse team to succeed in a biometrics market which is seeing strong investment coming in, especially in the domain of security technology.

Both Olssøn and Taugbøl expressed gratitude for being appointed to the roles and pledged to work to support the company’s growth.

Article Topics

 |   |   |   |   |   |   |   |   | 

Latest Biometrics News

 

Alan Goode offers insights on booming transitional IDV market on BU Podcast

Technology is transforming identity verification. According to Alan Goode of Goode Intelligence, by 2030, digital identity verification will pass traditional…

 

Share less data in more places: inching towards decentralized digital ID for travel

The travel industry is slowly shifting to a more decentralized model of digital identity. This was one of the key…

 

Clearview takes fresh legal hits over Canada class action, UK fine

Few biometrics companies have taken a bigger regulatory and legal beating than Clearview AI. It has already been a rough…

 

Mexico makes biometric identifier mandatory for all citizens

Mexico has officially introduced a digital identification system by signing a law that turned the previously optional biometric-based citizen code…

 

MOSIP highlights the UN DPI Safeguards Initiative

The United Nations’ DPI Safeguards Initiative has released 259 recommendations designed to guide regulators, advocates, donors, technology providers and governments…

 

Brazil adopts DaaS for verifiable credentials

Brazil is the latest country to adopt DPI as a Packaged Solution (DaaS) — a practical framework designed to accelerate…

Comments

Leave a Reply

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

Biometric Market Analysis

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events