Singapore & Tokyo, 7 November 2017 - NEC Corporation (NEC; TSE: 6701) and NEC Asia Pacific announced today their participation in the Singapore Fintech Festival 2017, 14 to 16 November (conference & exhibition), at Singapore EXPO Halls 1-3, Booth 1G21.

 

The event brings together the global business community in a week-long celebration of Fintech. NEC will exhibit a range of innovative solutions, including Blockchain technology and biometrics authentication technologies, which seek to drive the digital transformation of financial services.

 

Key highlights include:

• Blockchain technology: Showcasing NEC’s innovative research in the technology and use case examples for financial sectors

• • Cashless payment by face recognition: For safe and quick payment services without cash or credit cards in stores, e-commerce and theme parks, etc.
• • NeoFace® Watch: High performance face recognition software application for real-time video surveillance, offline video face search and high volume photo face search based on the world’s most accurate face recognition technology*
• Liveness Detection: Real time face recognition technology with the capability of determining if an image is a fake human face using a web camera

NEC Asia Pacific offers solutions such as real-time payment system and remittance solutions for financial services industry in Asia Pacific region.

 

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*NEC’s Video Face Recognition Technology Ranks First in NIST Testing - http://www.nec.com/en/press/201703/global_20170316_01.html

 

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About NEC Asia Pacific Pte. Ltd.

Singapore-based NEC Asia Pacific (NEC APAC) is the regional headquarters for NEC Corporation (HQ: Japan) in the Asia Pacific region (South and Southeast Asia and Oceania). As a leading information and communications technology provider, NEC APAC provides innovative solutions and infrastructure to promote safety, security and enhance the quality of life for individuals and the community. NEC APAC’s expertise includes solutions for carrier networks, biometric identification, enterprise applications and infrastructure, unified communications, transportation solutions, multimedia displays and smart energy, as well as the provision of managed services and contact centre services.

 

Together with our research laboratories, NEC APAC provides cutting-edge public safety, cybersecurity technologies and enterprise solutions to enable safer cities, with a vision to create a brighter future. For more information, please visit http://sg.nec.com.

 

About NEC Corporation
NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company's experience and global resources, NEC's advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society.  For more information, visit NEC at http://www.nec.com.

The NEC Group globally provides "Solutions for Society" that promote the safety, security, efficiency and equality of society. Under the company's corporate message of "Orchestrating a brighter world," NEC aims to help solve a wide range of challenging issues and to create new social value for the changing world of tomorrow. For more information, please visit

http://www.nec.com/en/global/about/vision/message.html

NEC is a registered trademark of NEC Corporation. All Rights Reserved. Other product or service marks mentioned herein are the trademarks of their respective owners. ©2017 NEC Corporation.

 

PRESS CONTACTS:

NEC Asia Pacific

Shinya Hashizume +65 6379 2570 +65 9018 6652 shinya_hashizume@nec.com.sg

Adeline Sim +65 6379 2571 +65 9615 7590 adeline_sim@nec.com.sg