Crown Agents Bank reveals that it has introduced a biometric authentication pension solution, called
EMpower Pensions. It offers secure, end-to-end pensions management, along with local and international pension payroll, from a unified, all-digital platform.
EMpower Pensions aims to enhance the pensioner’s proof of life checking experience, by enabling them to provide an image of their identification and capture a live facial photo selfie, from their homes.
For remote proof of life authentication, the EMpower Pensions platform uses AI-enhanced biometric facial recognition tech in order to compare clients’ facial biometrics with their identity documents and photographs – generating reliable and accurate scores for validity and facial similarity.
Cross-Border Payments Fintech Cambridge Global Payments Selects Crown Agents Bank as Banking Partner
Crown Agents Bank Ltd confirms that it has been chosen as a new banking partner by
Cambridge Global Payments, a FLEETCOR firm and a provider of integrated cross-border payments and currency risk management services.
Through the partnership with Crown Agents Bank, Cambridge will be able to expand its global banking presence in order to facilitate payments across emerging markets in the APAC region and other areas.
Rapidly-evolving socioeconomic conditions and an increasing prevalence of all-digital platforms and services are affecting trade and the way companies conduct business globally. A Crown Agents Bank study reveals that as a consequence of Brexit, nearly 66% of UK firms have outreach and expanding plans into various other markets.
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Cambridge Global Payments selects Crown Agents Bank for payments in Asia and Africa finextra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finextra.com Daily Mail and Mail on Sunday newspapers.