Biometric central registry opens up online services to everyone
Business Development Director at Innovatrics and responsible for the project in Panama
How Panama opted for a brand-new, faster biometric identity management solution, which can now also be used to offer profitable and trustworthy authentication services for governmental entities and private sector businesses, from banks to start-ups.
The central biometric registry provides reliable biometric data about citizens in places where IDs are unreliable or even non-existent. Read how biometrics has reshaped the election process in Guinea.
Are they who they say they are? A private-identity authentication powered by a public source of trust
When they onboard new clients, banks and finance companies need to authenticate their identities, as trust is the groundsfor any agreement. They also need to perform this authentication in a quick, accurate and secure way. The same demand is coming from loan services, phone contractors, micro-finance companies, and any app offering remote services based on an identity check.
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It is all about reputation!
The need for trust is exponentially growing in the private and public sector, both offline and online. Countries are thus impelled to offer a more secure society to citizens and provide businesses with the tools to build trustworthy environments. Implementing central biometric solutions – like identity authentication services and biometric ID registers – will help in this challenge as long as these tools are easy, reliable and, at their best, effortlessly integrated with existing workflows and infrastructures.
Is biometrics relevant for your company? It is, if you need to:
- Identify customers and have trusted relationship with them.
- Speed up and automate customer onboarding.
- Reduce staffing costs.
- Eliminate human error.
- Banks, airports, casinos, ride-sharing services, governments — they all use biometrics to improve their business efficiency. And you?
“I work in several countries all around the globe, and I can definitely say that Panama is a flagship country in this field,” concludes Oscar Flores. “When the country was equipped with the new national ID biometric register, you could see that businesses and banks would trust this source. This can really push the private sector in developing efficient and trustworthy services – and to finally having a more secure digital society.”
“I work in several countries all around the globe – I can definitely say that Panama is a flagship country in this field,”
For Panama, it’s a good way to step into the future and to set an example, inside and outside its borders. At the end of the day, trust is strongly bonded to reputation.
AUTHOR: Giovanni Blandino
ILLUSTRATION: Matej Mihályi