Ipsidy Inc (OTCMKTS:IDTY) is partnering with software systems developer Datapro to launch its IdLok identity authentication service in Latin America.
IdLok helps its users to authenticate the identity of the person on the other side of everyday transactions. It is specifically designed for account customers of financial institutions to provide them with simplified, secure access using their mobile device.
READ: Ipsidy riding wave of identity authentication
Monday’s tie-up will see Datapro offer IdLok as part of its e-IBS core banking solution for its financial institution clients in Latin America.
“Ipsidy is pleased to partner with Datapro to launch IdLok throughout the Latin American market,” said chairman and chief executive Philip Beck.
“This joint offering, when implemented, will further our goal of delivering solutions that provide the highest level of transaction security, control and certainty that is required to operate in the critical financial sector.”
Datapro’s chief technology officer, Javier Montero, added: “Our clients seek innovative solutions that protect their customers’ accounts and give them enhanced and convenient control over access to their money. We believe that IdLok will provide our clients with secure identity authentication that achieves these goals in an efficient way.”