REG - Croma Sec. Sol. Grp - Strategic Partnership

Croma Security SolutionsAnnouncement

24/01/2022 07:05

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RNS Number : 2949Z  Croma Security Solutions Group PLC  24 January 2022

24 January 2022

 

CROMA SECURITY SOLUTIONS GROUP PLC

("CSSG" or the "Company")

 

NEW STRATEGIC PARTNERSHIP

 

Croma Security Solutions Group Plc, the total security services provider, is
pleased to announce that it has entered into a new strategic partnership with
FinGo, a biometric identity authentication and payments platform. The new
alliance will complement and strengthen each company's leading solutions in
the provision of non-invasive biometric technology.

 

Croma currently deploys FASTVEIN™ biometrics across the education and
construction sectors, providing customers with a quick, easy to use, accurate
and cost-effective identity management. Working with FinGo will allow Croma to
expand its product suite to include payments alongside existing identity and
access control offerings in these sectors. This partnership will also expand
FinGo's digital identity management and payment expertise to include access
management.

 

Over the last 12 months, FinGo has adapted its solutions to integrate with
COVID-support services, including secure contact tracing within hospitality
settings and verification of employee COVID test results within the care
industry. The company is also in talks with policy makers over the use of
FinGo and vein ID for vaccine certification.

 

Nick Dryden, FinGo Chief Executive Officer, commented "FinGo is delighted to
enter into this strategic partnership with Croma. The combined capability,
coupling many years of experience in the security and access management arena
with our payments and digital identity management expertise, will create a
unique offering. We look forward to taking the joint offering to market in
2022 and giving existing and new customers an opportunity to deploy one single
secure and convenient biometric solution."

 

Roberto Fiorentino, Chief Executive Officer, Croma, added: "Croma is very
pleased to announce today our official partnership with FinGo. This
collaboration will give rise to the sharing of resource and solutions to bring
exacting client offerings across a number of verticals in which we each
currently operate. We are excited about the opportunity of building on our
position in the provision of human identification, biometric payment systems
and access control solutions."

 

Sebastian Morley, Chairman, Croma, said "We are delighted to announce this
strategic partnership.

This is a clear direction of travel post COVID when credible service providers
are seeking to collaborate in order to deliver for clients and shareholders."

 

 

ENDS

 

 

For further information visit www.cssgroupplc.com or contact:

 

Croma Security Solutions Group
Plc
Tel: +44 (0)7768 006 909

Sebastian Morley (Chairman)

 

WH Ireland Limited
                                             Tel: +44
(0)207 220 1666

(Nominated Adviser and Broker)

Mike Coe

Jessica Cave

 

Novella
 
       Tel: +44 (0)203 151 7008

Tim Robertson

Fergus Young

 

 

About FinGo

FinGo is the world's first biometric identity authentication solution, open
to everyone and a mission to provide a more secure and inclusive way to
navigate the world. FinGo uses unique vein patterns hidden inside a finger
to instantly identify and authenticate individuals without the need
for cards or devices to be present.

 

Originally payments focused, parent company Sthaler Ltd was founded from a
desire to create a cashless experience for festivals and
events, with FinGoPay introduced at Festival No 6.  Recent
awards include Fast Company: Top 10 Europe's Most Innovative Companies,
2020; UK Enterprise Awards: Identity Servicer Product Innovator of the
Year, 2020; Syndicate Room: Top 100 Fastest Growing UK Companies
2019; Telegraph: Smart City Innovation Award Industry Innovation of the
Year, 2019 and Restaurant TECH Live: Tech Product of the Year, 2018.

www.fingo.to
(https://eur02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.fingo.to%2F&data=04%7C01%7Cjamie.harris%40pa.media%7C24d764d77a0d440fafd108d8d98c3491%7C8aea8e714fae4a2b83fc4d84bc2355a2%7C0%7C0%7C637498543501611136%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=xkaTlhyPnGp362rxnM2hf349LkP%2Be%2FE%2F6TAuUOJnwxI%3D&reserved=0)

 

 

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