Ondato and Softrobotics Partner to Transform Digital Payments and ID Verification in the Middle East

  • Payments
  • 01.10.2024 01:20 pm

Ondato, a leader in identity and age verification solutions, and Softrobotics, leading provider of digital payments infrastructure, are excited to announce a strategic partnership to deliver cutting-edge digital payments and identity verification solutions to clients in the Middle East. This collaboration aims to enhance the digital transformation journey of financial institutions in the region by combining the unique strengths of both companies.

Ondato is renowned for its comprehensive identity and age verification solutions, which ensure seamless and secure customer onboarding processes. By leveraging advanced technologies such as biometrics and AI, Ondato provides financial institutions with robust tools to prevent fraud and comply with regulatory requirements. This expertise is perfectly complemented by Softrobotics' extensive expertise and know-how in the fintech and payments ecosystem.

Softrobotics provides leading-edge digital payment infrastructure tailored to the needs of fintechs, telecom, payment service providers (PSPs), electronic money institutions (EMIs), and e-commerce platforms. With a vision to shape the future of digital payments, Softrobotics' multinational team delivers comprehensive solutions ranging from digital wallets and payment facilitator (pf) systems to open banking and money transfer services. With end-to-end development and 24/7 support, Softrobotics ensures clients benefit from secure, scalable, and future-proof payment solutions.

“This partnership is a game-changer for financial institutions in the Middle East,” said Povilas Steikunas, Head of Partnerships at Ondato. “By combining our state-of-the-art identity verification solutions with Softrobotics’ expertise in payments infrastructure and fintech innovations, we are offering a comprehensive suite of services that will drive innovation, enhance security, and improve customer experiences.”

“We are excited to partner with Ondato to revolutionize digital payments in the MENA region. Combining Ondato's cutting-edge KYC and KYB solutions with Softrobotics' advanced payment infrastructure, we are setting a new standard for security and efficiency in digital payments. This partnership aligns with our mission to transform the digital payments landscape and ensure seamless  transactions for businesses and consumers alike.” highlighted by Ayşen Nergiz, BusDev, Marketing and Investor Relations Director at Softrobotics.

Together, Ondato and Softrobotics will provide a powerful and integrated solution that addresses the critical needs of financial institutions in the Middle East. This partnership will enable banks and other financial service providers to:    

  • Enhance Security: Implement advanced identity verification processes to prevent fraud and ensure regulatory compliance.

  • Optimize Customer Experience: Deliver a superior customer experience by leveraging cutting-edge technology for secure and efficient customer onboarding and service delivery.

This collaboration will contribute significantly to the digital payments transformation of the financial sector in the Middle East.

 

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