Manchester- and London-based fintech FinGo, which has created the first biometric identity authentication and payments platform, has entered into a new partnership with NYCE International.
This will help the firm enter the high-value gaming sector, introducing age verification and cashless payment products for casinos, bars, the online gaming market and more.
NYCE International is a subsidiary of investment company The Global Chain, and will represent FinGo globally in the gaming market.
FinGo’s technology has already been utilised by Manchester City Council for the ID-free checking of ages in licensed establishments, and uses a scan of individuals’ unique vein pattern through an infrared device, connected to their registered FinGo account.
Harmen Brenninkmeijer, Managing Partner of NYCE, said: “Operators in gaming markets need to future-proof their business, and biometric technology can do just this.
“Given recent changes in casino regulations in various markets across the world, and the explicit need for better age controls or spending limits, FinGo’s identity and payment expertise will enable a better gaming experience for operators and players, supporting player convenience and compliance. This partnership allows us to add considerable value to the gaming sector at this time.”
Simon Binns, Chief Commercial Officer at FinGo, added: “We are thrilled to partner with NYCE, enabling our entry into the growing gaming market.
“We are confident our biometric platform will help to solve age verification issues within in-person gaming, and open up new opportunities for this diverse, valuable and highly regulated industry.”
