iiDENTIFii and Zanaco partner to accelerate digital financial inclusion in Zambia
Zambian financial inclusion in a changing digital landscape came under the spotlight at the recent Digital Government Africa (DGA) Summit, which was held in Zambia. With a projected 4.2% growth in the country’s GDP in 2024, the rising adoption of digital tools for transactions and civil services underscores the imperative to ensure inclusive participation. iiDENTIFii, an enterprise-grade provider of biometric identity solutions has partnered with Zanaco, to make identity verification accessible.
Mr Gur Geva, founder, and CEO of iiDENTIFii, said, “In Zambia, we aim to address challenges related to digital exclusion, limited access to services, and identity fraud. Many individuals across the continent lack recognised identification, which hampers their access to banking, healthcare, and government services. Remote biometric identification seeks to bridge the digital divide by reaching underserved communities. By integrating our identity verification solutions, Zanaco can extend its reach to underserved populations, enabling them to open bank accounts, access credit, and make secure transactions. This partnership not only fosters financial inclusion but also strengthens data protection and security, driving positive change in Zambia’s digital landscape.”
Mr Mutisunge Zulu, Chief Risk Officer at Zanaco highlighted the impact of their digital banking solutions on underserved communities, overcoming challenges through innovation, community collaboration, education initiatives, and enhanced security measures. “The focus is on providing easy-to-use platforms, access to information, and education to reach consumers, particularly the unbanked or those with limited digital literacy,” he said.
iiDENTIFii is dedicated to collaborating with companies and experts to champion digital and financial inclusion, mobilizing its African biometric identity solution for enhanced access to financial and governmental services.
For more information on iiDENTIFii visit www.iidentifii.com