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NEC, Avaloq, acquisition, digital banking, BPaaS, SaaS, banks
Japan-based IT company NEC has announced the acquisition of Avaloq, a Switzerland-based large software provider to banks, for USD 2.2 billion, according to Financial Times.
NEC, Avaloq, Japan, Switzerland, software provider, acquisition, blockchain, facial recognition, security, privacy
NEC, cryptography, Futurex, Biometric Facial Recognition, ATM, biometrics, Hardware Security Modules, HSM, AI, contactless solutions, COVID-19, face scan, PIN, biometric authentication, FIPS 140-2 Level 3, PCI HSM, data encryption, Seven Bank, VeriTrans
NEC and SITA have partnered to develop solutions that enable a secure walk-through travel experience at airports.
NEC, SITA, travel experience, airports, IATA, digital identity, biometrics, face recognition algorithms, SITA Smart Path, SITA Flex
VeriTrans, NEC, biometrics, facial recognition, payments , Japan, fraud prevention, cashless payments, credit cards, data, authentication, banks, digital wallets
Japan-based Seven Bank and NEC Corporation have partnered to launch ATMs with facial recognition technology for identity verification and a QR code reader for document authentication and payments.
Seven Bank, NEC, facial recognition, QR code, ATM, biometrics
NEC Argentina has signed a Memorandum of Understanding with NGO Bitcoin Argentina and the Innovation Laboratory of the Inter-American Development Bank Group (the IDB Lab).
NEC, inclusion, blockchain, ID project, Argentina, digital identity, digital wallets, financial services, economic inclusion, IDs
NEC has entered the competition to lead Malaysia’s digital identification project, as the government prepares to introduce biometric IDs for its 32 million citizens.
NEC, Malaysia, digital ID, biometrics, government, Japan, ecommerce, financial services, electronic payments, identity verification, identity card