The consulting company Frost & Sullivan has awarded Germany’s largest biometrics manufacturer DERMALOG and its customized solutions and products for Africa with the “2015 African Biometrics Company of the Year Award”. DERMALOG is particularly successful with a large bank installation in Nigeria.
DERMALOG honored for their achievements in Africa.
On Thursday evening, in South Africa’s economic hub, the German biometrics manufacturer DERMALOG was honored with the “2015 African Biometrics Company of the Year Award”. The prize was awarded to the Hamburg-based company for its outstanding achievements in twenty African countries. DERMALOG has thus become the leading biometrics company in Africa.
A key reason for the award is also the innovative portfolio of fingerprint scanners and biometric systems from DERMALOG. In countries such as Angola, Ghana, Tanzania, and Zambia, it contributes sustainably and decisively to solving local challenges such as identity theft, corruption, demography, and migration as well as the economic development of these countries.
In Nigeria, DERMALOG currently cooperates with the Central Bank and 23 other banks in a major project in which all bank customers in the country are registered via DERMALOG biometrics. Customers receive a bank verification number with which all of their transactions can be completed securely and reliably via fingerprint. In 2013, DERMALOG won an international tender from the Nigerian Central Bank for the 50-million-dollar project.
Meanwhile, the biometric installation from DERMALOG has successfully registered over 18 million customers in Nigeria. So far, approximately 10,000 double identities and multiple registrations have been averted every day, thereby preventing fraud and money laundering in the financial sector thanks to the reliability of the installation. The DERMALOG ABIS (Automated Biometric Identification System) has detected over one million individuals attempting to obtain double or multiple identities. Using DERMALOG fingerprint scanners and software, all participating banks can ensure that for all transactions, the identity reliably matches the customer because the customer must always be physically present for the registration.
The Hamburg-based biometrics innovation leader is continuing to build on its success in the West African country. In the near future, registered bank customers will also be able to withdraw cash from ATMs and pay at cash machines using their fingerprints.
DERMALOG Identification Systems GmbH Media Relations: Jan Runzheimer Mittelweg 120 20148 Hamburg