At Facephi, a global leader in digital identity management and verification, we announced a strategic partnership with Techs Factory, a premier provider of custom digital solutions, to transform banking security in Iraq and Jordan. This collaboration seeks to strengthen the financial sector against fraud while enhancing customer experience through advanced identity management and verification technologies.
The partnership integrates our cutting-edge identity management and verification systems with Techs Factory’s robust software solutions, addressing critical challenges faced by banks in the region. The impact of this partnership is already evident, with Cihan Bank in Iraq implementing the joint solution to strengthen its digital banking security. This early adoption underscores the pressing need for advanced security measures in the region’s rapidly evolving financial landscape.
The integration of our anti-fraud technologies and Techs Factory’s digital solutions offers rapid, frictionless customer onboarding, enhanced fraud detection and prevention, a seamless and secure mobile banking experience, and streamlined compliance with AML (anti-money laundering) and KYC (Know Your Customer) protocols. These features position us and Techs Factory at the forefront of digital banking innovation in the Middle East.
About Techs Factory
Techs Factory specializes in the production of tailored digital solutions that cater to the diverse needs of their clientele. With a proven track and a broad range of services, they are dedicated to delivering high-quality, effective software solutions across multiple sectors.
