Friday7 August 2020   
Date 2019/11/19         Hour 10:22:47     News Group Recent International

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 11th to 15th November 2019.

SFF x Switch

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 to be exhibited at NEC's booth (#2R17) include: 

NEC will showcase a cloud-based facial authentication solution with liveness detection

=         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, a 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.

End-to-end digital solutions

"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 digital solutions are well-placed to address the emerging challenges to create banks of the future."