Giesecke+Devrient, IDnow

G+D Mobile Security and IDnow GmbH entered into a partnership to combine expertise and resources with the aim to develop AI-driven biometric and security technologies.

17.05.2018 - 09:01:55

Giesecke+Devrient and IDnow Combine their Worldwide Market Presence and Biometric, Artificial Intelligence Technologies to Create Global Solutions for Secure Digital Identification. A first result of this cooperation is the development of a fully automatic remote identification solution for international markets.

The volume of the global market for the onboarding and management of digital identities is estimated at more than 10 billion Euro. Digital identities are a key factor in creating confidence in the digital economy of the future: market developments such as the regulation in the finance sector, digitization of business and e-government processes as well as ever increasing requirements with regard to data privacy and customer experiences will foster the need for new, global solutions to ensure the simple, secure and reliable management of digital identities.

Giesecke+Devrient, a global leader in security solutions, and IDnow as a provider of leading technology in online services now cooperate to address the global market for secure digital identification.

“We are pleased that Giesecke+Devrient places its trust in us and that we will jointly provide biometric and AI-based products for digital identification. With its global presence and expertise, G+D is the ideal partner for IDnow”, said IDnow CEO Rupert Spiegelberg.

“In our focus markets payment and connectivity, the secure management of identities is key to creating customer confidence. A great digital customer journey starts with secure and convenient onboarding. We are very excited to partner with IDnow to complete our offering for secure remote identification,” says Carsten Ahrens, CEO of G+D Mobile Security. “In our partnership we are combining G+D’s global expertise with IDnow’s leading edge identity platform. And we are moving fast - in fact, the first joint customer projects have already been launched.”

@ businesswire.com

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