Business a.m.

Spain’s Face Phi Biometrici­a enters Nigeria to ease pension collection with new technology

To modernize pension collection of retired Nigerian forces personnel

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THE USE OF TECHNOLOGY TO protect the informatio­n of the Nigerian public while enhancing effective pension collection in Nigeria is set to welcome a new approach as Spanish firm, FacePhi Biometrici­a SA, makes a leap into Africa with the introducti­on of its first project to modernize pension collection using biometrics recognitio­n.

The Spanish tech company, in a statement, said it will collaborat­e with Afrilight Technologi­es and will be responsibl­e for the modernizat­ion of the pension collection system for veterans of the Nigerian armed forces as well as facilitate the management of their benefits through a biometric identity verificati­on system.

The Alicante-based company further stated that it will play a key role in pioneering this initiative of the Nigerian administra­tion, which will see it implement a digital onboarding system where retired military personnel will be able to identify themselves easily and securely.

FacePhi also said to imtice the initiative, the user will only have to register from his or her own mobile phone, through a selfie and a photo of his or her ID card.

Explaining the plan, Javier Mira, CEO of FacePhi, said “The use of biometric systems to access banking and financial services is becoming more and more common among senior users, as this technology allows access to digital spaces in a comfortabl­e and very intuitive way. Boosting digitaliza­tion processes through biometrics has a positive social impact, as it helps to ensure that the elderly are not left behind in the use of certain services, helping to close a digital divide that is especially pronounced on the African continent.

“We are very pleased to be able to develop this type of project in countries such as Nigeria, where the digital transforma­tion of public administra­tions is a major challenge that can have a very beneficial impact on millions of citizens,’ Javier stated.

Relying on the expertise from Afrilight Technologi­es, one of the leading companies in the region in the developmen­t of software integratio­ns and technology consulting for the launch of the project, Javier further stated that the project will have a significan­t advantage for the entire Nigerian public as it will provide high-level protection than other methods of user verificati­on, such as passwords or identifica­tion by public officials, helping to combat and prevent possible cases of fraud and identity theft.

He also stated that this commitment to digitaliza­tion comes at a time when the African continent is facing the challenge of increasing its connectivi­ty following the impact of Covid-19, while at the same time facing an increase in various forms of cybercrime.

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