FF News Logo
Thursday, October 02, 2025
FF Awards Leaderboard Banner

IrisGuard Partner With Elm to Help Boost Financial Inclusion in the Developing World

IrisGuard and Elm Saudi Arabia completed and signed a Memorandum of Understanding at GITEX Africa in Morocco on 1st June 2023, to explore collaboration across various projects including the distribution of humanitarian aid and citizen social protection payments incorporating iris recognition.

Joining up the powerful IrisGuard EyePay® Network iris payment solution and the innovative cross department architecture of the Elm Sahl system aims to help provide a more robust, reliable financial assistance delivery system, providing even greater transparency and efficiencies for all. This will benefit Saudi Arabian citizens and those countries and beneficiaries outside supported by the region. Some of the key objectives for this development include secure and convenient ways of accessing personal entitlements without the need for any other documentation, utilising the human iris for 100% accurate biometric proof-of-life.

Companies In This Post

  1. EXCLUSIVE: “Scaling Safely – Without Debanking” – Imam Saygili, Flagright in ‘The Fintech Magazine’ Read more
  2. APIs Driving Embedded Finance Innovation Read more
  3. FinScan’s AML Software Solutions Integrate with LSEG World-Check On Demand Read more
  4. Sixfold Launches Referral Agent: Turning AI Insights Into Instant Underwriting Action Read more
  5. MoneyGram and Plaid Expand Open Banking Partnership to Europe Read more
FTWLondon 2025 - Vertical Marketing Toolkit visual 1080x1920 (1)