Huawei to launch innovation lab for digital finance and security

Thursday 16 September 2021 10:57 CET | News

Huawei has announced the launch of the Digital Finance and Security Innovation Lab in Finland, a collaboration between its regional Ecosystem Development business and its R&D centre in Finland.

Designed to address the requirement for banking, finance and payment services in Europe to become digital-first, Huawei is looking to collaborate with multiple industry stakeholders to accelerate progress and satisfy customer demands. The overarching objective will be to bring secure, digital financial services and improvements to payment processes to every person, home and organisation to encourage a healthy and accessible financial life.

Establishing the Finland-based Lab, where ideas and programs can be discussed and developed, Huawei is aiming to create a base for technology, shape industry standards and develop products and services which are fit for the needs of today 

Similar projects that Huawei has launched previously with security improvement in focus have led to significant innovation. An example of this is Huawei’s Digital Car Key feature, an NFC-based app which allows drivers to lock or unlock their car and start it using their smartphone. 

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Keywords: Huawei, research, expansion
Categories: Payments & Commerce
Countries: Finland
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