NEXT Sensors Used in First Biometric POS Device to Get Certified in Nigeria

NEXT Biometrics is providing the fingerprint sensor for the first biometric payment terminal to get certified for use in Nigeria. The Point-of-Sale (POS) terminal is manufactured by Newland Payment Technology, which has integrated NEXT’s FAP 20 sensor into the device.

The certification was granted after the Nigeria Inter-bank Settlement System (NIBSS) determined that the Newland terminal met all of the necessary requirements. With the decision, the terminal is now cleared for commercial deployments, allowing merchants in the country to use the terminal to accept payments from their customers.

NEXT agreed to supply Newland with fingerprint sensors in May of 2019. The manufacturer placed an order for 6,000 sensors at the end of September, and NEXT has now revealed that Newland ordered those sensors in anticipation that it would soon be gaining access to the Nigerian market. The company shipped its first batch of sensors to Newland back in February.

“We are pleased to see that our sensor is the first to become certified in Nigeria for financial inclusion applications covering the largest country in Africa,” said NEXT CEO Peter Heuman. “The NIBSS certification demonstrates our commitment to support our business partners.”

“We have developed a unique biometric POS device fit for the African continent,” added Newland President Kazem Aminaee. “We are excited to launch our POS certified product in Nigeria and other African countries.”

NEXT recently revealed that its FAP 20 sensor will also be appearing in Credence ID’s new ECO devices, which are geared towards the African, Latin American, and Southeast Asian markets.

–

November 5, 2020 – by Eric Weiss

Related News

Partners

FaceTec’s patented, industry-leading 3D Face Verification and Reverification software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ finally make trusted, remote identity verification possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for 3D Liveness and Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

AuthenticID provides 100% automated identity verification and fraud detection solutions that are leveraged by companies worldwide, including 2 of the top 3 U.S. Banks, 8 out the top 10 wireless providers in North America, and 2 of the 3 credit bureaus. Using proprietary computer vision and machine learning technology, these solutions help companies accurately verify the identity of their users across retail, digital and call center environments for onboarding and ongoing re-authentication events; KYC, IAM, and more. The solutions are easy to integrate and provide customers a large ROI by stopping fraud losses, increasing customer conversion at onboarding, reducing operational costs and allowing quick and cost-effective operational scalability, all while ensuring global privacy regulations are complied with. https://www.authenticid.com/

Anonybit is a privacy-focused technology platform that provides decentralized solutions for securing personal data, particularly biometric information. Rather than storing sensitive data in centralized repositories, which are vulnerable to breaches, Anonybit uses a distributed architecture that breaks data into smaller encrypted bits and stores them across a network of decentralized nodes. This approach ensures that no single entity has access to the full dataset, enhancing privacy and security, even preventing insider threats. Anonybit is used by leading banks, fintechs and other enterprises for critical biometric identity functions like deduplication and blocklist checks, step up authentication, passwordless login and account recovery https://anonybit.io/

Identity Week aims to be a significant identity industry catalyst. It’s our mission is to help accelerate the move towards a world where trusted identity solutions enable governments and commercial organisations to provide citizens, employees, customers and consumers with a multitude of opportunities to transact in a seamless, yet secure manner. All the while preventing the efforts of those intent on doing harm. https://identityweek.net/

The Biometric Digital Identity Prism is a market landscape framework designed to help influencers and decision makers understand, innovate, and implement digital identity technologies and solutions. This innovative framework for understanding and evaluating the rapidly evolving biometric digital identity marketplace is the only market model that is truly biometric-centric based on the foundational conviction that in the age of digital transformation the only true, reliable link between humans and their digital data is biometrics. https://www.the-prism-project.com

ID R&D is an innovator of biometric facial liveness, document liveness, and voice biometrics. Ranked #1 by NIST, our patented passive approach to liveness, and specialized detection of voice clones, injection attacks and deepfakes, empowers KYC and authentication systems with fast, accurate and secure biometric verification technologies. Over 140 partners in more than 70 countries are collectively processing hundreds of millions of identity checks per year. ID R&D solutions easily integrate with mobile, web, messaging, smart speakers, set-top boxes, and IoT devices. Learn more: www.idrnd.ai

Related News

Footer

Follow Us