May 31, 2017
Eazy Financial Services B.S.C., a Bahraini financial technology company, will introduce the region's first biometric payment network. The system, powered by NCR Corp., will allow consumers to register their fingerprint at their participating bank and then initiate an ATM or POS transaction literally with one touch.
NCR will help Eazy develop the necessary payment infrastructure to serve participating financial institutions in Bahrain; over time, this system will be expanded to cover more of the Middle East region, according to a press release.
"We are looking to NCR to help us build a robust infrastructure through its hardware and software expertise, in order to upgrade ATMs and other access points to enable them to accept and read fingerprints and process necessary data to perform financial transactions," Eazy CEO Khaled Al Ahli said in the release.
Eazy will deploy Authentic, an intelligent transaction processing platform from NCR, for control of its payments environment. Authentic is designed to easily integrate with any core banking, fraud detection or other internal or external system. The solution can accept any type of transaction from any device, source or system, authorize and authenticate it, and route it to any destination, the release said.