FinGo has joined the gaming industry with a NYCE International partnership to provide age and transaction verification with its biometric finger vein technology.
The British fintech, well established in banking and finance, will join forces with the subsidiary of the Hong Kong investment company The global channel to introduce its Hitachi-based biometric system to verify ages and enable cashless payments for bars, casinos and other in-person entertainment venues, as well as online gaming, a press release said.
Finger vein biometrics records the user’s unique vein pattern with an infrared scanner that links the pattern to a FinGo account which is linked to a verified ID and digital wallet to enable payments. From there, it can serve as age verification, identity, and wallet verification for sites that offer FinGo.
Simon Binns, FinGo’s Chief Commercial Officer, said, “We are delighted to partner with NYCE, allowing us to enter the growing gaming market. The team has a proven track record of innovation coupled with deep gaming industry knowledge and experience. We are confident that our biometrics platform will help solve age verification challenges in in-person gaming and will unlock new opportunities for this diverse, valuable and highly regulated industry.
Noting the possibility of biometrics for future-proof gaming businesses and compliance with industry age regulations, NYCE Managing Partner Harmen Brenninkmeijer said, “FinGo’s expertise in identity and payment will enable a better gaming experience for operators and players, supporting player convenience and compliance. .”
FinGo has seen its finger vein biometrics used for a range of applications in Manchester in payments, in the Egyptian national ID system, and has partnered with Mastercard to expand its payments business.
The FinGo and NYCE biometric app for gaming will be previewed at ICE Totally Gaming in London from April 12-14.
age verification | biometrics | digital wallet | finger vein | fingo | game | Hitachi | identity verification | payments | vein recognition