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Xago Launches Neuromorphic Biometric Technology to Authenticate Clients

South African crypto-based money transfer fintech Xago has claimed a world-first in bringing neuromorphic computing to biometric verification and authentication.

The mobile app uses neuromorphic computing technologies to simulate human cognition – how the brain naturally and instinctively recognises people. According to Xago, the result is a more secure and convenient client experience when registering and logging in to transact on the platform.

‘Developed by research scientists at aiQ Cognitive Technologies, not only does the app’s authentication outperform conventional biometrics (fingerprint, facial recognition, voice recognition), but it also does what no on-device biometric is able to do – certify the identity of a person by referencing identity data held by the Department of Home Affairs (DHA), in real time,’ claimed Mark Chirnside, CEO and Co-founder of Xago.