Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Fintech PR

Keyless and fidentity Form Strategic Partnership to Enhance Digital Security and Identity Verification

Published

on

keyless-and-fidentity-form-strategic-partnership-to-enhance-digital-security-and-identity-verification

LONDON, March 26, 2024 /PRNewswire/ — Keyless, the leader in privacy-preserving biometric authentication, announces a strategic partnership with fidentity, the Swiss online identification and digital signature pioneer. This collaboration extends fidentity for continuous authentication across the entire identity lifecycle. Users can now verify their identity through fidentity and authenticate with Keyless’ multi-factor by design technology, combining onboarding and identity verification with login, payment authentication for PSD2 SCA, step-up action, and account recovery.

In the digital era, the threat of identity theft and fraud is escalating rapidly. Keyless and fidentity are combining their expertise to offer an innovative solution that guarantees both enhanced security and a seamless user experience. fidentity customers will also benefit from Keyless’ unique Zero-Knowledge Biometrics (ZKB) technology, which does not store biometric data anywhere.

Andrea Carmignani, CEO and Co-founder of Keyless, stated, “Account takeovers caused by credential-based authentication are rising year on year. Solutions such as Keyless and fidentity are aiming to change this. At the same time, as consumers we prefer a light-touch approach. The fewer platforms we have to register with, the better. This partnership with fidentity aims to bridge this gap, allowing us to combine our patented ZKB technology with fidentity’s so that users can benefit from both with a single sign-up.”

fidentity, renowned for its robust identity verification systems, sees this partnership as a step forward in its mission to enable trust in our increasingly digital world. Thorsten Hau, CEO and Founder of fidentity, commented, “Joining forces with Keyless marks a significant milestone in our journey. By adding biometric authentication to our existing solution, we are setting new standards in digital identity verification. This will allow us to offer our customers an even higher level of security and convenience than before.”

About Keyless

Keyless is a passwordless authentication company and the world leader in privacy-preserving biometrics for consumer and workforce authentication. It protects financial institutions, governments, and enterprises globally, combating fraud, identity theft, and ensuring regulatory compliance. Its flagship Zero-Knowledge Biometrics technology does not store biometric data anywhere and delivers built-in multi-factor security with just one look at the camera. Keyless is ISO27001 certified and also holds both FIDO Biometrics and FIDO2 certifications, the only company to do so. Privately owned, Keyless holds multiple patents and operates from three offices worldwide.

About fidentity

Founded in 2016, fidentity is a pioneering Swiss fintech company dedicated to revolutionizing automated customer identification and signature solutions. Through its cutting-edge web-based services, fidentity is reshaping the landscape of digital trust and making it effortlessly accessible. Trusted by renowned Swiss banks and respected financial service providers, fidentity is at the forefront of digitizing complex business processes while ensuring full regulatory compliance. fidentity’s identity verification is certified by KPMG to comply with ETSI TS 199 461 and is in full compliance with both Swiss (ZertES) and European (eIDAS) legislation, providing unparalleled reliability and peace of mind. https://fidentity.ch/

View original content:https://www.prnewswire.co.uk/news-releases/keyless-and-fidentity-form-strategic-partnership-to-enhance-digital-security-and-identity-verification-302098724.html

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Fintech PR

Amrop, a Leading Global Executive Search and Leadership Consulting Firm, Announces New Office in Japan

Published

on

amrop,-a-leading-global-executive-search-and-leadership-consulting-firm,-announces-new-office-in-japan

BRUSSELS, Jan. 10, 2025 /PRNewswire/ — Amrop, a leading global executive search and leadership consulting firm, appoints JOMON Associates as its new team in Tokyo, marking the group’s re-entry in the Japanese market and adding significant coverage in the Asia Pacific region.

Led by Naohiro Furuta, CEO, JOMON Associates is Japan’s premier leadership advisory firm, offering services in senior Executive Search, Board & Corporate Governance Consulting, Leadership Assessment and Executive Coaching.

With 13 consultants and a team of 30 employees, the firm serves more than 200 companies, constituting about one-third of Japan’s major companies and representing Japan’s key industry sectors, including Industrial & Automotive, Chemicals & Materials, Consumer & Retail, Pharmaceuticals & Healthcare, Finance & Insurance, IT and Telecommunications.

The firm’s deep connection to the local Japanese market is matched by its unsurpassed reputation for quality and its innovative approach to executive search. By offering personalized leadership advisory and board services in addition to its acclaimed recruitment solutions, JOMON Associates is well-positioned to support companies in their quest for transformative leaders.

Japan is a significant market for executive search and leadership consulting, and we are delighted welcome JOMON Associates to our global team,” says Annika Farin, Chair of the global Amrop Partnership. “We are now able to directly serve multinational companies operating in Japan as well as Japanese companies that are redefining boundaries as they follow their global or regional expansion strategies. Together with JOMON’s uncompromised quality approach and top market positioning, we can be instrumental in assisting these companies with the recruitment of their executive teams and attracting the best talent in new markets. “

“JOMON Associates shares our values and our ambition to continuing serving clients in the premium segment of the market. We feel naturally close to our new partners in Japan and are also proud to announce that Naohiro Furuta will immediately join our Board to help us drive the future of Amrop’s global partnership,” Farin added.

Naohiro Furuta, CEO JOMON Associates, added, “We are very pleased to announce that we have joined the global Amrop Partnership. As the global business environment becomes increasingly complex, the demand for strong and visionary leadership is higher than ever. Japanese companies are also strongly seeking talent to drive innovation and international competitiveness. Through our partnership with Amrop, we will provide our clients with valuable services that combine global insights and local expertise, making a significant impact on the domestic market and contributing to the international success of our clients.”

Amrop’s new Tokyo office is located at Tokyo Toranomon Global Square, 13th Floor, 1-3-1 Toranomon, Minato-ku, Tokyo. The addition of Japan office reinforces the group’s presence in the region, with teams in China, South Korea, India and Australia.

About Amrop

Amrop is a global leadership consulting firm, offering retained executive search, Board and leadership advisory services. We advise the world’s most dynamic, agile organizations on identifying and positioning Leaders For What’s Next – adept at working across borders, in markets around the world. Established in 1977, Amrop operates in Asia, EMEA and the Americas across 69 offices in 57 countries.

Advertisement

Media Contact:

The Amrop Partnership SC
Rue Abbé Cuypers 3
1040 Brussels, Belgium
T. +32 471 733 825
E. [email protected]
Brigitte Arhold, COO

Logo – https://mma.prnewswire.com/media/1755576/Amrop_Logo.jpg

 

Cision View original content:https://www.prnewswire.co.uk/news-releases/amrop-a-leading-global-executive-search-and-leadership-consulting-firm-announces-new-office-in-japan-302347193.html

Continue Reading

Fintech PR

Ultima Markets Wins “Best APAC CFD Broker 2024” Award, Setting New Standards in the Trading Industry

Published

on

ultima-markets-wins-“best-apac-cfd-broker-2024”-award,-setting-new-standards-in-the-trading-industry

HONG KONG, Jan. 10, 2025 /PRNewswire/ — Ultima Markets celebrated a landmark evening for the financial trading industry as the Traders Fair concluded in grand style. This globally recognised event brought traders, investors, and experts to celebrate excellence together. Ultima Markets has been honoured with the “Best APAC CFD Broker 2024” award, a testament to its leadership in delivering innovative trading solutions, exceptional customer service, and diverse product offering.

Ultima Markets captivated the crowd at its interactive booth, spotlighting its state-of-the-art trading platform and extensive portfolio of financial products. Visitors were drawn by the engaging exhibits and the buzz of the Bitcoin Valuation Challenge—a unique opportunity for attendees to showcase their market expertise in a lively and competitive setting. Winners celebrated with exclusive Ultima Markets merchandise, leaving a lasting impression of the company’s innovative and client-focused spirit.

Reflecting on the recognition, Jack Li, Regional Business Director at Ultima Markets, stated: “This award is more than an accolade; it reflects our dedication to empowering traders through cutting-edge solutions and exceptional service. Engaging directly with our clients, creating enjoyable experiences, and building lasting connections are the driving forces behind our pursuit of excellence.”

In a rapidly evolving financial landscape, Ultima Markets remains steadfast in its mission to lead the industry. The company continues to redefine trading excellence by delivering personalised strategies and introducing innovative tools that open new frontiers in trading, ensuring clients achieve their financial aspirations with confidence.

About Ultima Markets

Ultima Markets is a fully licensed broker and a multi-asset trading platform offering access to 250+ CFD financial instruments, including Forex, Commodities, Indices and Shares. We guarantee tight spreads and fast execution. We have now served clients from 172 countries and regions with our trustworthy services and well-built trading systems.

Ultima Markets has achieved remarkable recognition in 2024, winning prestigious awards such as the Best Affiliates Brokerage, Best Fund Safety in Global Forex Awards, and the Best APAC CFD broker in Traders Fair 2024 Hong Kong. As the first CFD broker to join the United Nations Global Compact, Ultima Markets underscores its commitment to sustainability and the missions to advance ethical financial services and contribute to a sustainable future.
To learn more about Ultima Markets, please visit our website, Facebook, X, Instagram, LinkedIn and YouTube.

Ultima Markets LOGO

Photo – https://mma.prnewswire.com/media/2593698/20250108_101422_TOUCHEDUP.jpg
Logo – https://mma.prnewswire.com/media/2509939/Ultima_Markets_LOGO.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/ultima-markets-wins-best-apac-cfd-broker-2024-award-setting-new-standards-in-the-trading-industry-302347790.html

Continue Reading

Fintech PR

Bank Alfalah Acquires Strategic Stake in UAE Fintech Jingle Pay

Published

on

bank-alfalah-acquires-strategic-stake-in-uae-fintech-jingle-pay

DUBAI, UAE, Jan. 10, 2025 /PRNewswire/ — Bank Alfalah, a leading commercial bank in Pakistan with a network of over 1,000 branches, has announced its acquisition of a 9.9% equity stake in Jingle Pay, one of the fastest growing fintechs in the MENAP region. The Bank’s fintech investment underscores its commitment to driving digital transformation and fostering financial inclusion across key markets.

Jingle Pay has redefined the fintech space with its proprietary AI-powered tech stack already processing over 2 million transactions and facilitating over $1 billion in international money transfers in 2024, saving customers over $6 million in fees. Jingle Pay was recently awarded the top global fintech for remittances into Pakistan.

Jingle Pay has solidified its position as a high-growth fintech leader in the MENAP region, supported by prestigious investors, including MoneyGram, G42-backed Applied AI, and prominent U.S. venture capital firms known for backing global fintech giants like N26 and PayPal, Jingle Pay continues to disrupt the industry. Bank Alfalah’s equity investment and appointment to Jingle Pay’s Board signal a robust partnership aimed at driving growth and innovation. This collaboration leverages Bank Alfalah’s extensive infrastructure to amplify Jingle Pay’s impact on cross-border payments and digital banking, advancing its ambitious vision for the MENAP region.

Jingle Pay provides innovative services, including multi-currency accounts, instant money transfers via the world’s first remittance marketplace, card payments, and last-mile payouts across 150+ corridors in 99+ currencies. Additionally, its Remittance-as-a-Service solution enables banks, FinTech’s, and non-financial institutions to facilitate seamless international money transfers.

Jingle Pay plans to launch its digital banking services in Pakistan in Q1 2025 as a branchless banking mobile app targeting to bring seamless and inclusive financial services to the country’s largely unbanked population. Jingle Pay will leverage Bank Alfalah’s infrastructure to bring seamless banking solutions to millions of customers. The partnership will create synergies in cross-border payments strengthened by shareholder MoneyGram.

As Pakistan’s 5th largest remittance partner, Jingle Pay plays a crucial role in driving global financial flows that contribute significantly to the country’s GDP. Establishing local presence in Pakistan will strengthen its partnership and cross-border capabilities, further cementing Jingle Pay’s position as a leader in the remittance ecosystem.

Leadership Remarks

Farooq A. Khan, Group Head – Corporate, Investment Banking and International Business of Bank Alfalah, emphasized: “This acquisition is a milestone in our journey to lead the digital banking revolution. By combining Jingle Pay’s innovative platform with Bank Alfalah’s resources, we aim to redefine cross-border financial services and deliver exceptional value to millions of users.”

Amir Fardghassemi, Founder and CEO of Jingle Pay, said: “Partnering with Bank Alfalah empowers us to scale our vision of inclusive finance. Together, we aim to enrich the digital economy and create transformative cross-border financial solutions.”

The collaboration also enhances Bank Alfalah’s role in the global Payments ecosystem, strengthening its position as a leader in cross-border financial flows and delivering unparalleled value to customers in the MENAP and beyond.

Advertisement

About Bank Alfalah

Bank Alfalah is a leading commercial bank in Pakistan, with over 1,000 branches across 200 cities and an international presence in the UAE, Bahrain, and Afghanistan. Its heritage and prominence extend over 25 successful years, highlighted by achievements that reflect exponential growth in the country’s financial sector.

The Bank offers various products and services to private-sector institutions and governments, including corporate and investment banking, consumer banking, securities brokerage, commercial, small and medium enterprises, agricultural, Islamic, and asset financing.

The Bank has established itself as a premier digital bank by introducing various features on its banking app, such as Alfamall, Buy Now Pay Later, and Term Deposit Receipts. It has also launched Pakistan’s first digital lifestyle branch. 

About Jingle Pay

Jingle Pay, a UAE born fintech, is the MENAP region’s leading and fastest-growing fintech, specializing in cross-border money transfers licensed by Dubai Financial Services Authority (DFSA). Jingle Pay operates in the UAE, Bahrain, and Pakistan, offering cutting-edge financial services. Backed by global financial institutions like MoneyGram, Bank Alfalah, top-tier U.S. and international venture capital firms that have backed PayPal and N26, as well as G42 backed, Applied AI.

The company provides a wide array of solutions, including Remittance-as-a-Service for financial institutions, enabling seamless global payouts across 150+ corridors and 99+ currencies. Additionally, Jingle Pay operates a B2C app for retail customers, facilitating card payments and international money transfers focused on driving financial inclusion and leveraging AI to redefine cross border payments.

CONTACT: Jingle Pay, [email protected], +971 4 547 7778

Photo – https://mma.prnewswire.com/media/2594862/Jingle_Pay.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/bank-alfalah-acquires-strategic-stake-in-uae-fintech-jingle-pay-302347236.html

Advertisement
Continue Reading

Trending