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Ipsidy strikes partnership with Mobile Solutions Peru to widen business to include Peru and Chile

As part of the deal, Mobile Solutions Peru will offer Ipsidy’s suite of biometric identity and authentication products across Peru and Chile

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Ipsidy operates an Identity as a Service (IDaaS) platform that delivers a suite of biometric identity security programs

Ipsidy Inc (OTCMKTS:IDTY), the biometric security specialist, is branching into Peru and Chile after signing an agreement with Mobile Solutions Peru, a GPS solutions provider in Latin America.

As part of the deal, Mobile Solutions Peru will offer Ipsidy’s suite of biometric identity and authentication products across Peru and Chile.

In a statement, Philip Beck, CEO of Ipsidy, said: "Ipsidy is pleased to partner with Mobile Solutions Peru to resell our services in Peru and Chile. Together we will offer mobile biometric identity solutions that provide the highest level of security, control and certainty for everyday transactions."

READ: Ipsidy sees revenue climb in 2018 thanks to sales of biometric security products

Among the Ipsidy products that will be on offer in the two Latin American countries are Access, a program which protects the perimeters of buildings or public events using just a tablet and a Bluetooth beacon, as well as Verified, which authenticates account access requests as well as business transactions using biometric technology on mobile devices.

In addition to its Verified and Access programs, Ipsidy has developed Proof, a remote identity proofing solution that uses government-issued credentials combined with real-time biometrics.

Another of its offerings that will be available in Peru and Chile is Transact, a cloud-based mobile payment gateway that allows for the design of customer loyalty programs and supports networks of agents, merchants and consumers who can accept and perform transactions using closed-loop payment cards.

Mobile Solutions Peru focuses on offering digital mobile solutions to clients in Peru, Chile and Argentina.

Headquartered in Long Beach, New York, Ipsidy operates an Identity as a Service (IDaaS) platform that delivers a suite of biometric identity security programs. Its subsidiaries outside the US include MultiPay in Colombia, Cards Plus in South Africa and Ipsidy Enterprises in the UK.

Ipsidy shares traded 7% higher to hit US$0.13 on Friday.

Contact Ellen Kelleher at [email protected] 

Quick facts: Ipsidy Inc

Price: 0.08 USD

OTCMKTS:IDTY
Market: OTCMKTS
Market Cap: $41.45 m
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