Banking & KYC
THE CHALLENGE
Digital convenience is growing at a fast rate all over the world as the number of smartphones is also on the increase. Many countries have large numbers of mobile subscribers
and most banks have their own mobile applications.
However, the lack of adequate infrastructure and funding in certain areas of the globe have taken some banks have gone the route of adopting mobile banking from the offset of their operations. Also, most mobile operators are playing the role of banking as one of their services, thus making money transfers available to rural communities in most countries of Africa.
One of these mobile operators in association with a bank have requested a solution for a device that would enable the enrollment of mobile banking applicants in any geographical area. BioRugged developed then a solution that can be used in this instance
and in any other registration process.