NEC to showcase industry-leading digital finance solutions at Singapore FinTech Festival

NEC to showcase industry-leading digital finance solutions at Singapore FinTech Festival

NEC Corporation and NEC Asia Pacific have announced their participation at the inaugural SFF X Switch event at the Singapore EXPO Convention & Exhibition Centre from 11 to 15 November 2019.

During the three-day exhibition and conference of SFF X Switch (11-13 November), NEC will exhibit a suite of digital solutions aimed at empowering financial service providers with the technology to create innovative digital services for their customers. Key solutions present at NEC’s booth (#2R17) include:

Banking As A Service: This vendor-agnostic end-to-end solution provides financial service providers with a suite of innovative functions systems, such as deposits, loans, and asset financing as a subscription-based service. This service is provided by Banqsoft A/S, a fully owned subsidiary of KMD A/S, an NEC company.

Digital ID: NEC will showcase a cloud-based facial authentication solution with liveness detection which forms part of its Biometric Digital Identity Service (BDIS); a federated ATM which allows users to withdraw money from different banks with only their face; blockchain technology to secure shared ATM-based bank transactions; and Denso Wave’s SQRC (Secured QR Code) solution that combines facial recognition to facilitate POS transactions for offline authentication requirements.

“With the rise in security risks and the need to develop new, unique products for customers, banks and service providers worldwide have to be agile to succeed in this digital age,” said Daichi Iwata, Director, Digital Integration Division, NEC Corporation. “NEC’s comprehensive, end-to-end solutions are well-placed to address the emerging challenges to create banks of the future.”

A combination of the Singapore FinTech Festival (SFF) and the Singapore Week of Innovation and Technology (SWITCH), this week-long event features various activities, conferences and exhibitions centred on innovations across the themes of FinTech and Deep Tech.

Source: ACN Newswire

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Mark Ko

Besides tech, I love chicken rice. Point me in the right direction and I'll go and try it. :)

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