Toppan iDGate, a Toppan Company, and Taiwan-based advanced payment authentication solutions provider collaborate with the Egyptian Bureau of Engineering (EBE), the leading banking solutions provider in Egypt to introduce custom eKYC solutions to the Egyptian market.
In a world where banking transactions gradually shift to digital and mobile platforms, a crucial step to omit fraud is a safe and reliable digital onboarding process. With the advancement of technology, banks can rely on a big repertoire of tools to fight fraudsters. However, not all tools are safe enough to minimize the risk of fraud and are built on industry best practices.
EBE understands this issue and chose to effectively protect its customers from counterfeiting by implementing a safe eKYC onboarding process. To achieve that, EBE has selected the secure payment authentication solutions provider Toppan iDGate as its contracting company. Together, they aim at safeguarding banking transactions for EBEโs valued customers. By installingย iDGateโsย system directly at EBEโs dataย center, located inside of Egypt, no sensitive data is being transferred outside the country, which is in line with the central bank requirements.
Commenting on the partnership,ย Ahmad Sanad, General Manager at EBEย said:ย \”ย We selected Toppan Gravity as our partner in Egypt as theirย IDen solutionย portfolio is one of the best in the market in terms of security and accuracy. Thanks to the possibility of deploying the full solution directly in the country,ย iDGate ensures customer data protection and security.ย No other solution provider offers the opportunity to install the full solution inside Egypt.”
Toppan iDGateโs solution offering is targeted to prevent fraud during customer onboarding and authentication processes. By covering the whole value chain from capturing customer data to transaction approvals during customer retention periods, the company ensures end-to-end security.
โWe are pleased to partner with EBE to jointly offer secure eKYC solutions for the Egyptian market,โ saysย Eric Chow, Head of International Sales at Toppanย iDGateย who added, โAs a company with a focus on securing not only payment transactions but also information technology services as a whole, we target to ensure a fraud-free and simplified customer onboarding process for EBEโs customers. Thanks to our enhanced biometrics and security authentication techniques, we are able to provide EBE with a highly secure authentication and identity verification solution.โ
Press Release Received on Mail
