By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Independent News ExpressIndependent News Express
  • Home
  • International
    InternationalShow More
    G7 finance leaders seek non-tariff consensus in Canada, may face US pushback
    Ahead G7 Summit, Finance Ministers Seek Non-tariff Consensus In Canada, May Face US Pushback
    2 weeks ago
    Over 28,000 Women And Girls Killed In Gaza Since October 2023
    2 weeks ago
    Global Aid Cut
    New Report Reveals How Global Aid Cuts Affecting Women’s Organisations Aiding Women In Crises
    3 weeks ago
    UNICEF Raises Alarm Over 14m Children Worldwide At Risk Of Malnutrition
    2 months ago
    United Nations for Women
    In 8 Days, 830 Killed In Gaza – UN Women Raises Alarm
    2 months ago
  • Africa
    Africa
    Show More
    Top News
    Tunisian President Saied Under Pressure To Resign After ‘Fiasco’ Poll
    2 years ago
    United Nations Experts Charge President Of Zimbabwe To Reject Bill Restricting Civic Space
    2 years ago
    Senegal: Amnesty International Worries Over Deadly Crackdown On Protesters
    2 years ago
    Latest News
    Cameroon Tops List Of World’s Most Neglected Displacement Crises
    2 hours ago
    ECOWAS Marathon Race Director Okon Congratulates Commission on 50th Anniversary
    6 days ago
    Africa Day: Majority of Africans Want African Nations Be Given Greater Influence In International Decision-making Bodies
    1 week ago
    Edelman Africa Launches Regional Advisory To Support Global Institution Growth In Africa
    3 weeks ago
  • Corporate News
    • Media Outreach
  • Politics
    Politics
    Show More
    Top News
    Nobody Can Thwart The Will Of Osun People, Adeleke Insists He Won Osun Election
    2 years ago
    Ex Boxing Champion, Akpan Hails Tinubu’s Victory, Applauds MC Oluomo
    2 years ago
    Lagos Speakership: Why Lawmakers-elect Endorsed Obasa – Temitope
    2 years ago
    Latest News
    LG Election: Stakeholders Appeal To APC Not To Allow Chairmen Run For 3rd term
    4 weeks ago
    More APC Chairmanship Aspirants Reject Indirect Primary For Local Govt Elections In Lagos State
    1 month ago
    Youth Party Sets May 18 for Lagos LG Primary Elections, Slashes Fees For Women and PWDs
    1 month ago
    Oyo State Faces Herculean Task in Picking Makinde’s Successor – Chief Ayorinde
    2 months ago
  • News
    • Agriculture
    • Breaking News
    • Tech
    • Maritime
    • Crime
    • Art & Culture
    News
    Show More
    Top News
    Ondo Governor, Akeredolu Begins Construction Of First Flyover In Akure
    2 years ago
    Celebration Of Life: Reverend Adewumi Jegede Of Later House Of God Assembly Buried Amid Pomp
    12 months ago
    Pa Abdulfatah Amoo Ayanwale
    Pa Ayanwale Dies At 76, Fidau Prayers Holds 8 August
    2 years ago
    Latest News
    IMSUAA 2025: La-Ghost And Starblaze Could Draw Inspiration From Convention Theme
    9 hours ago
    IMSUAA 2025 Convention: Two Artistes From Lagos Chapter To Light Up Event
    1 week ago
    Lagos SWAN Celebrates Yeni Kuti On Her Special Day
    1 week ago
    Ado Ekiti Honours One of Its Own: A Tribute To Chief Tajudeen Oluyole Olusi
    1 week ago
  • Entertainment
    • Comedy
    • Movies
    • Music
    • Television
    • Concert & Events
    Entertainment
    Show More
    Top News
    BBNaija 7: Khalid Says Relationship With Daniella Serious
    3 years ago
    Personality Check: Here’s a Look at the Top 5 Most Talked About Big Brother Titans
    2 years ago
    Candy Bleakz: Why It Has Always Been Tough For Female Artistes To Thrive
    2 years ago
    Latest News
    Nigerian Idol Season 10 Live Shows Are Underway as the Top 10 Battle for Stardom
    1 week ago
    Nigeria Strengthens Fight Against Content Piracy Through Strategic Partnerships
    2 weeks ago
    Prestige, Impact: Why AMVCA is the People’s Award Show
    4 weeks ago
    Celebrating African Cinema: AMVCA’s Growing Influence in Global Entertainment
    1 month ago
  • Lifestyle
    • Fashion
    • Love & Life
    • Food & Drink
    • Travel & Tourism
    • Relationship
    • Sex
    Lifestyle
    Show More
    Top News
    Selfishness Leads To Suicide – Psychiatrist
    2 years ago
    Mercy Ships’ Newest Hospital Ship Prepares To Serve First Patients
    2 years ago
    Remi Tinubu, What Has God Got To Do With It? By Festus Adedayo
    7 months ago
    Latest News
    Lagos SWAN Joins UN To Celebrate World Nutrition Month At Unilag Confab
    1 week ago
    Yemisi Shyllon Museum of Art and Toledo Museum of Art Launch Historic Cultural Exchange
    4 weeks ago
    Piracy in Africa’s Creative Sector: How Creators Can Protect Their Content
    1 month ago
    Fanti Carnival Returns To Lagos This Easter Sunday
    2 months ago
  • Business
    • Banking & Finance
    • Oil & Gas
    BusinessShow More
    Lagos Will Continue To Lead Initiatives That Accelerate Economic Diversification – Sanwo-Olu
    2 weeks ago
    Afreximbank
    Afreximbank Reports Strong Performance For Q1 2025 In Line With expectations
    2 weeks ago
    Pan-African Payment & Settlement System
    Nigeria Unlocks Intra-African Trade With New Pan-African Payment & Settlement System Policy Boost
    3 weeks ago
    Impact Of Online Trading Platforms Like Temu On Nigeria’s Economy
    4 weeks ago
    Unity Bank Launches GenFi, Targets Children, Teens With Gamified Banking Platform
    4 weeks ago
  • Health
    Health
    Show More
    Top News
    MUST READ: Palm Wine Lowers Blood Sugar, Cholesterol, And Supports Heart Health
    2 years ago
    West Africa, Eastern Europe Lead In Cocaine Trafficking Hubs
    2 years ago
    Uk’s £15m Funding To Strengthen Health Workforce In Kenya, Nigeria, Ghana
    2 years ago
    Latest News
    Roche Launches Diagnostics Operations In Nigeria,
    1 hour ago
    Alimosho Football Coaches Council Set For Health, Safety Business Workshop
    2 weeks ago
    World Hypertension Day: Merck Foundation Commits To Improving Cardiovascular And Diabetes Care Across Africa
    3 weeks ago
    First Lady Gives Paediatric Support To Indigent Patients At Lagos General Hospital
    3 weeks ago
  • More
    • Sports
    • Aviation/Transportation
    • Deliverance Hour
    • Industry & Labour
    • Insurance
    • Interview
    • Judiciary
    • Metro
    • Opinion
    • Property
    • Religious
    • Romance
    • Science & Discovery
Reading: How Biometrics Can Fuel Inclusive Growth In Nigeria’s ICT Sector
Share
Notification Show More
Aa
Independent News ExpressIndependent News Express
Aa
  • Home
  • International
  • Africa
  • Corporate News
  • Politics
  • News
  • Entertainment
  • Lifestyle
  • Business
  • Health
  • More
Search
  • Home
  • International
  • Africa
  • Corporate News
    • Media Outreach
  • Politics
  • News
    • Agriculture
    • Breaking News
    • Tech
    • Maritime
    • Crime
    • Art & Culture
  • Entertainment
    • Comedy
    • Movies
    • Music
    • Television
    • Concert & Events
  • Lifestyle
    • Fashion
    • Love & Life
    • Food & Drink
    • Travel & Tourism
    • Relationship
    • Sex
  • Business
    • Banking & Finance
    • Oil & Gas
  • Health
  • More
    • Sports
    • Aviation/Transportation
    • Deliverance Hour
    • Industry & Labour
    • Insurance
    • Interview
    • Judiciary
    • Metro
    • Opinion
    • Property
    • Religious
    • Romance
    • Science & Discovery
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Independent News Express > Blog > Business > How Biometrics Can Fuel Inclusive Growth In Nigeria’s ICT Sector
BusinessICT

How Biometrics Can Fuel Inclusive Growth In Nigeria’s ICT Sector

Last updated: 2023/03/16 at 11:43 AM
2 years ago
Share
SHARE

Nigeria is at an inflection point where it needs to adopt enabling technologies at scale to support high growth in the telecommunications and digital sectors. Using the right technology as a catalyst, these sectors can support financial inclusion and widespread economic growth.

Gur Geva, founder and CEO of iiDENTIFii, a world-leading biometric authentication platform, says, “Biometric technology is a crucial consideration in Nigeria’s ongoing digital expansion. If financial institutions, telecommunications companies and the public sector adopt enterprise-grade biometric authentication, they can provide services to Nigerian consumers safely, efficiently and at scale.”

iiDENTIFii is in the process of rolling out its offering in over 20 countries across Africa following increased demand from both new and existing clients who require a trusted identity verification (IDV) partner in various jurisdictions.

Biometric authentication technology is changing how we identify ourselves with our mobile devices. Using leading technologies, companies such as iiDENTIFii ensure that banks, insurers, telecommunications companies and government institutions are certain that the person on the other end of the screen is identifiable, verifiable and human.

- Advertisement -
Ad imageAd image

Geva adds, “As the only IDV company in Africa that provides enterprise-grade level services, we understand the far-reaching benefit of biometrics in protecting the assets of companies and consumers and fighting financial crime. We believe the requirement for digitised biometric authentication in Africa is immense. The region is a sleeping giant when it comes to accessing traditional bank accounts, digital banking, and affordable financial services.”

Recent figures from the Nigerian Communications Commission (NCC) state that the number of active mobile subscriptions in the country has reached about 222,571 million in December 2022 and teledensity of 116.60 per cent. This level of digital adoption needs to be met with intentional digital security measures. Added to this, Nigeria’s recent greylisting provides an opportunity to interrogate cyber security in the region and how biometric authentication can deter financial crime.

This technology also plays a powerful role in digital and financial inclusion. Historically, biometric identification has been for the privileged few – the technologically advanced with access to hi-tech, leading-edge equipment – providing access to services that are typically not for the digitally excluded. However, remote digital biometric authentication has a crucial role in bridging the digital divide.

Geva adds, “The digitally excluded are missing out on access. Without access, the keys to both social and financial inclusion are unreachable. Those who do not have access to newer technologies are disadvantaged in healthcare, education and financial support. These areas have a significant negative impact on an individual’s overall quality of life. For this reason, we actively consider unserved and underserved communities in our solutions.”

This inclusive digital identity approach can open doors to critical government services such as labour markets, government benefits and financial services, without the risk of impersonation or fraudulent funding. This extends to those with limited ability to engage in the digital world. “We applaud Nigeria’s focus on digital literacy in the country and are proud to say we are one of the only IDVs that can operate on mobile devices that aren’t smartphones.” There is also the matter of diversity and innate technology bias, which iiDENTIFii targets through their technology, “Our focus in Africa has enabled us to create an extensive library of faces that reflects our continent.”

Undoubtedly, Nigeria’s ICT sector and overall online activity will continue to grow exponentially. Trusting and authenticating the digital identity of individuals communicating and transacting online will continue to become more and more paramount and essential.

Geva concludes, “Nigeria’s ICT sector is making great strides in enabling growth and literacy. We look forward to continuing to collaborate with industry and government stakeholders to drive safety and positive change.

You Might Also Like

Lagos Will Continue To Lead Initiatives That Accelerate Economic Diversification – Sanwo-Olu

Afreximbank Reports Strong Performance For Q1 2025 In Line With expectations

Nigeria Unlocks Intra-African Trade With New Pan-African Payment & Settlement System Policy Boost

Impact Of Online Trading Platforms Like Temu On Nigeria’s Economy

Unity Bank Launches GenFi, Targets Children, Teens With Gamified Banking Platform

TAGGED: iiDENTIFii
INadminNG March 16, 2023 March 16, 2023
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Print
Previous Article 3-Year-Old Girl Kills 4-Year-Old Sister In Accidental Shooting
Next Article African Energy Sector Dismisses The Sentry’s Attack On South Sudan, African Entrepreneurs
about us

Independent News Express (iNews Express), a publication of 4Ds Nigeria Limited, is birthed out of the desires of the founding fathers to report News as it is.

We value Professionalism, Excellence, Service, Creativity and Integrity.

The Company

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy

Quick Links

  • Advertise with us
  • Newsletters
  • Deal

Categories

Find Us on Socials

© Independent News Express. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?