Samsung SDS announced a strategic partnership with EdgeVerve, a company in the core banking sector including lending, deposits, online, and mobile, to expand the supply of its biometric authentication solution (FIDO: Fast IDentity Online).

EdgeVerb, which exhibited a solution jointly developed with Samsung at IT company Infosys’s ‘Infosys Confluence 2016’ from April 28 to 29, is Infosys’s financial solutions affiliate. It provides the financial solution Pinnacle to 547 million people in 84 countries worldwide and holds the number one market share in the global banking solutions sector.



Through this partnership, Samsung SDS will be able to expand the supply of solutions via Edge Bulb and accelerate its penetration of the global market by pursuing the mobile banking solution business by combining it with Edge Bulb's core banking solutions.

Samsung SDS has already proven the stability of its FIDO solution by applying it to Samsung Pay, KG Inicis's simple payment service K-Pay, and Samsung Group's internal systems, and following its successful bid for the biometric authentication business for the Singapore Defence Technology Authority's mobile intranet service, the excellence of its FIDO solution has been externally recognized through this partnership.

Kim Ho, Executive Vice President and Head of Application Mobile Business at Samsung SDS, said, “In the era of digital banking, the importance of user authentication and mobile security is growing. Through this partnership with Edge Bulb, the application of Samsung SDS FIDO in the global financial market will accelerate, providing customers with a more convenient and secure financial service experience.”