Tag: biometrics

4 reasons to meet us at RegTech MENA

  |   By  |  One Comment

We have a confession: we love to scan.

Any kind of ID document; you have it, we want to scan it.

The NOW Money team have been geeking out over customer onboarding over the past few months, and the conversation in the office rarely steers from what’s come to be known as “scan chat”.

Ben Walton, NOW’s Technical lead, has been working tirelessly, testing different techniques to find the crème de la crème of compliance and biometric security. He’s scanned Co-founder, Ian Dillon’s passport so many times we think he’s now been put on a warning list. There’s been hours of fun testing comparisons such as a female’s ID photograph against a male selfie.

“Do I REALLY look 12% like a man?”

All in the name of onboarding security.

When we were invited to the RegTech conference in Bahrain on 22nd and 23rd November we jumped at the chance to get involved in the conversation in the region. Ben even moved his flights forward for Bahrain 70.3 triathlon, which he’s taking part in the following weekend. He’s that dedicated to RegTech.

If you’re going too, here’s 4 reason’s you should come and find us for some “scan chat”

  1. See a demo of the most advanced onboarding service in the Middle East

As one of the region’s first and most prominent FinTech companies, we’re ahead of the curve when it comes to digital onboarding. But you’ll have to see it to believe us – and we want to show you! Get in touch to arrange a meeting.

  1. Hear about cyber security from NOW Money’s Co-founder

Don’t miss Ian Dillon speaking on the subject “Cyber Security and Cyber Risk in the Age of RegTech” which is on Tuesday 21st November 21st at 11:35 AM. Put a reminder in your calendar and bring your best questions.

  1. Learn how to save time

With many companies in the region, onboarding and KYC processes can take days, weeks and even months. If any information is missing at sign-up, then the application is not progressed or refused. Our onboarding solution can verify documentation on the spot, using the latest scanning, biometric and KYC technology, saving you time making multiple trips to a branch.

  1. Discuss blockchain with people who know what blockchain is

So often you go to a conference where the speakers are throwing buzzwords around in an attempt to show they’re keeping up-to-date with industry trends. But we really do know our stuff. We are using blockchain in our onboarding solution to solve real life problems in the Middle East. We live and breathe FinTech and RegTech, so if you want to have a proper chat about the latest fashionable buzzwords, we’re your guys.

Have we convinced you? Get in touch now to arrange a meeting.

AimBrain to Partner with NOW Money And Provide Biometric Authentication

   |   By  |  0 Comments

aimbrain-logoLondon / Dubai – November 15th, 2016 — AimBrain, the biometric start-up poised to revolutionise the banking authentication experience, has signed a partnership agreement with NOW Money (NOW), the mobile wallet and remittance service, to provide the biometric authentication for their smartphone app.

NOW will be deploying AimBrain’s SaaS Facial and Behavioural Authentication Modules with immediate effect, allowing NOW’s customers to benefit from a frictionless user experience, which encompasses biometric access and will eliminate the need for password authentication. NOW believes that this will strengthen its security and provide a personal financial experience that is easy to implement and use.

This is pioneering for the region, according to NOW’s Chief Operating Officer, Oliver Baillie, and further demonstrates the ability of both NOW and the UAE to act as a “hot bed for innovation.”

Fake tits busty girl shows her boobs for cash money

“We’re thrilled to be partnering with such a forward-thinking company as Aimbrain,” said Mr Baillie. “We are responding to a clear problem in the GCC – financial inclusion for low-income migrant workers. Our aim is to give low-income workers access to the financial system for the first time, and AimBrain is a key part of our proposition, as our customers are saying they want to be better protected. By utilising AimBrain’s user-friendly and secure biometric technology, we are delivering them control over their finances in a much more secure way,” he added.

AimBrain’s Chief Commercial Officer, Peter Reynolds, said: “The partnership with NOW is a key milestone in our international growth. Their mission is to improve employee welfare for low-income migrants in the Middle East and we are only too happy to help improve the usability. Everyone knows passwords are ending soon.”