FinGo Strikes Strategic Partnership With NYCE International

FinGo, a UK fintech behind the world’s first biometric identity authentication and payments platform, has entered the multi-billion gaming sector through a strategic partnership with NYCE International. NYCE International, a subsidiary of Hong Kong investment company The Global Chain, will act as FinGo’s global representative in the gaming market. The partnership will see FinGo and NYCE introduce a new generation of biometric age verification and cashless payment products for casinos, bars, and other entertainment venues, as well as the online gaming market.

“We are thrilled to partner with NYCE, enabling our entry into the growing gaming market,” said Simon Binns, Chief Commercial Officer at FinGo. “The team has a track record for innovation, coupled with a deep knowledge and experience of the gaming industry. We are confident our biometric platform will help to solve age verification issues within in-person gaming and open up new opportunities for this diverse, valuable, and highly regulated industry. FinGo added age verification and digital identity services to its product portfolio in 2020, alongside its existing biometric-enabled payment platform. It was approved by Manchester City Council for use checking people’s age in licensed establishments, without use of ID.”

FinGo’s technology works by taking a simple scan of a person’s unique vein pattern through an infrared device. This scan is connected to a person’s registered FinGo account, which can be linked to their verified ID or a digital wallet to enable payments. Registered users can then scan their veins to prove identity, age, or make payments in any venue offering the FinGo system.

Up next on the docket, NYCE International and FinGo will be attending the ICE Totally Gaming show in London from April 12th to the 14th showcasing several new biometrically-secured services for the gaming industry with transformational potential.

(All information was provided by Fintech Finance & News)