Mastercard & Smile ID Boost Africa's Digital Identity Solutions
Mastercard & Smile ID Boost Africa's Digital Identity Solutions
Mastercard and Smile ID are set to significantly accelerate the adoption of secure digital identity solutions across the African continent. This strategic move aims to empower enterprises, including financial institutions and telecom operators, to onboard new customers more efficiently and securely, addressing critical challenges in the region's rapidly expanding digital economy. The two companies have formalized an extended commercial partnership, building upon their previous collaborations. This enhanced alliance will see them offering integrated solutions that leverage Mastercard's extensive global insights and cutting-edge Identity technology, combined with Smile ID's robust data verification and sophisticated fraud detection capabilities. This synergy is designed to create a powerful framework for digital identification that is both secure and scalable. Transforming Customer Onboarding and Fraud Prevention At the core of this partnership are solutions engineered to tackl…