Bahrain… it’s in the distance Bahrain-based Eazy Financial Services will launch the region’s “first” biometric payment network powered by NCR. Consumers will be able to register their fingerprint through any bank linked to Eazy’s network and then use that at any device (ATM or POS) to start a transaction rather than using a card. In the first phase, NCR will help Eazy to develop the necessary payment infrastructure to serve participating financial institutions in Bahrain and over time expand to target the Middle East region. Khaled Al Ahli, CEO of Eazy Financial Services, says it is “looking to NCR to help us build a robust infrastructure through its hardware and software expertise”. As part of its plan, Eazy will deploy Authentic, a transaction-processing platform from NCR. Authentic can be used as an omnichannel system handling ATM and POS channels as well as branch and digital banking or as a consumer payment service hub integrating gateways to services such as Faster Payments or other interbank networks. NCR says Authentic is designed to integrate with any core banking, fraud detection or other internal or external system. It adds that Authentic can accept any type of transaction from any device, source or system, authorise and authenticate it, and route it to any destination. It’s the real deal it seems. NCR is headquartered in Georgia with over 30,000 employees and does business in 180 countries.
Bahrain-based Eazy Financial Services has plans to launch the country's first biometric payment network using Authentic, a transaction-processing platform developed by US computer hardware company NCR. Customers can register their fingerprint at any branch connected to Eazy's network, and use this instead of a card to make a transaction at cash machines or points of sale. Authentic is able to "accept any type of transaction from any device, source or system, authorise and authenticate it, and route it to any destination," according to NCR. Following this initial phase, NCR will be assisting Eazy in creating a payment system to serve financial institutions across the Middle East.