For the world's 2.5 billion unbanked, access to credit is severely limited, in most cases impossible. The lack of a bank account means a lack of credit history, which results in an unfriendly lending environment.
The World Bank Group's credit infrastructure services focuses on secured transactions as one of its priorities, which is where irisguard's technologies provide a solution.
Serving over 50,000 customers in Ghana, irisguard has replaced the insecure thumbprint system with the state-of-the-art EyeBank® technology providing confidence and trust to both customer and teller in compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) international regulations.
Streamlining customer operations by replacing numerous identification documents with a single iris verication while minimising risk through irisguard's trusted EyeCloud® technology, guarantees secure transactions and assists in empowering financial inclusion for the world's most vulnerable.