German firm DERMALOG secures Nigerian bank accounts using biometric tech for over 64 million people.

DERMALOG, a German biometric identification company, has been protecting the accounts of over 64 million Nigerians since 2015 through a biometric banking system used by 23 Nigerian banks and the central bank. The system uses fingerprint and facial recognition to secure transactions and fight fraud, enhancing financial access. DERMALOG's technology is also employed by 260 entities in over 100 countries for various security applications.

3 months ago
4 Articles

Further Reading