Facial and fingerprint identification has made a quantum leap in Kuwait’s financial sector with Gulf Bank becoming the region’s first to embrace biometric authentication using Daon’s IdentityX platform, a high-security verification solution for retail customers.
Gulf Bank, which ranks among the state’s leading financial institutions, upgraded its digital security system by engaging the international biometrics and identity assurance software firm to provide Kuwaiti customers with Daon’s branded, state-of-the-art mobile biometric authentication system, adding greater efficiency and heightened security.
"Digital banking is important to our customers and we wanted to make it convenient and simple for them to conduct their banking transactions with our new mobile banking app,” Gulf Bank CEO Cesar Gonzalez-Bueno said. “By working with Daon, we were able to leverage cutting-edge technology with global best practices to provide our customers with an enhanced mobile banking experience.”
Daon strives to make mobile authentication and identity lifecycle management more secure through biometrics. The company manages millions of individual accounts in over 20 countries. Its IdentityX performs fingerprint, face and voice recognition.
“Our customers can now login with biometrics using their fingerprint touch ID and 'Blinking to Bank' facial recognition from anywhere in the world and perform a wide array of banking transactions efficiently and securely," Gonzalez-Bueno said.