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Gulf Bank Kuwait First In Region To Use Biometrics For Digital Banking - Daon's IdentityX Platform Used To Enable Multi-modal Biometric Authenticatio

Date 31/05/2016

Daon and Gulf Bank Kuwait announced today their partnership in providing biometric authentication within Gulf Bank Kuwait's new mobile banking application. Daon's IdentityX® Platform enables Gulf Bank Kuwait's customers to seamlessly authenticate using their face and fingerprint to quickly and easily assert their identity online across multiple channels.

César González-Bueno, Gulf Bank's Chief Executive Officer said, "Digital banking is important to our customers and we wanted to make it convenient and simple for them to conduct their banking transactions with our new mobile banking app. By working with Daon, we were able to leverage cutting-edge technology with global best practices to provide our customers with an enhanced mobile banking experience.  Our customers can now login with biometrics using their fingerprint touch id and 'Blinking to Bank' facial recognition, from anywhere in the world, and perform a wide array of banking transactions efficiently and securely."

Daon's IdentityX Platform provides fingerprint, face and voice recognition, along with other authentication factors, which will provide convenient, fast, secure authentication for Gulf Bank Kuwait's customers. IdentityX was designed with an eye toward the future, allowing Daon customers to easily add new biometrics as they become commercially available. This innovative solution will be the first deployment in the Middle East and illustrates Gulf Bank Kuwait's commitment to their customers.

Tom Grissen, Daon's Chief Executive Officer said, "We are seeing tremendous opportunity for banks to leverage the power of biometrics to improve their customer experience.  Convenient and secure authentication has become critical in today's digital economy and we are very happy supporting Gulf Bank Kuwait on their journey to a mobile first, customer first strategy. Their customers can now login on to the Gulf Bank mobile app in a few seconds, putting speed and ease of use first. Our experience with banking customers like Gulf Bank Kuwait allows us to help our valued customers understand the actual benefits from using biometrics and how to achieve successful large scale implementations quickly and efficiently."