CompuLynx: Digital Identity and Biometrics Technology for Banks, NGOs, the Government, and Educational Institutes

Sailesh Savani, Founder and CEO of CompuLynx, talks about digital identity and biometrics technology for banks, NGOs, the government, educational institutes in Kenya and East Africa.

“Digital identity is a horizontal for us that caters to every vertical. We work with banks, NGOs, the government, educational institutes. Digital identity encompasses all the different types of biometrics technology available in the market including face, voice, fingerprint, iris. We are deploying this in different environments. For banks, we are using eKYC so they are now able to identify their customers better. Frauds that are related to identity theft are now being eliminated by bringing eKYC with biometrics into the banking systems. Whenever I want to withdraw money as a customer from an ATM or at the banking hall, I produce my biometric, identify myself, and the bank will give the money. Going forward, when doing any mobile banking transaction, you can identity yourself using your cellphone, voice, face, or iris and authenticate any transaction you are doing with the bank. We work with NGOs in very harsh environments where they are dispensing benefits to marginalized communities, internally displaced peoples, refugees, etc. The benefits were not reaching the right beneficiaries. With our technology platform, there is complete accountability and visibility in the value chain to make sure the right beneficiaries received what they should receive”, says Sailesh Savani.

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