Bahrain-based systems integrator and IT consultant NGN International has launched a security platform for mobile and online banking.
The Ministers of Finance of the Kingdom of Saudi Arabia, the United Arab Emirates, the State of Kuwait…
962 | the publication reaches you by | Bahrain NewsDubbed PayConfirm, the new platform allows users to authenticate and confirm operations including digital banking and e-document management systems (EDMS).
In addition to providing security against cyberattacks, the platform allows users to confirm transactions up to three times faster than OTP-based SMS and tokens.
The platform will also enable users to confirm the transactions in offline mode.
PayConfirm is an omnichannel solution designed to allow users to confirm transactions generated in online or mobile banking, in ATM or while online shopping.
Airome Technologies co-founder and CEO Denis Kalemberg said: “Bahrain is at the edge of becoming a major hub for finance, technology and innovation.
“With an increasing demand for financial services and cashless payments technology, we believe that our PayConfirm solution is essential, timely and relevant to the market.
“Through signing a partnership with NGN International will allow us to target a large customer base with a turnkey product.”
NGN International CEO Yaqoob Awadhi added: “NGN managed to attract Airome Technologies, the international developer of cybersecurity solutions, to launch its digital products in the Kingdom of Bahrain based on the Kingdom’s advanced payment and financial transaction systems, stable and fast internet network, regulatory legislation, and great awareness among users.”
Nvestox management had already staggered a ‘loop-work’ environment within their key teams trading all major global exchanges, so…
490 | the publication reaches you by | Bahrain News
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The Arab states of the Persian Gulf are the seven Arab states which border the Persian Gulf, namely Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE).This excludes the non-Arab state of Iran. All of these nations except Iraq are part of the Gulf Cooperation Council (GCC).
