FACEPHI COLLABORATES WITH QASHIO TO ENTER THE MIDDLE EAST MARKET

a significant majority, 94%, of consumers in the UAE worry about the risk of banking or credit fraud as the banking industry is digitized. According to Deloitte's latest Middle East Fraud Survey, almost half (48%) of the organizations reported a higher number of fraudulent incidents in 2021 than in previous years.

Spend management fintech Qashio has partnered with a global leader in digital identity verification, Facephi to further secure their digital identification processes. Qashio’s customers will now be able to use biometric technology by Facephi, marking the publicly traded company’s first contract and entrance into the Middle East.

Facephi's technology will provide Qashio’s corporate customers with an improved user experience and security when registering their employees to issue corporate credit and debit cards and authorising them to use the cards. The process will be secure, stable, and easy for end users. Qashio users will need to take a photo of their ID card on both sides using their mobile device so that Facephi's technology can read and capture their data using both Latin and Arabic alphabet characters.

A survey’s results showed that

Jonathan Lau, CPO & Co-Founder of Qashio, commented: "Partnering with an established provider like Facephi, which already provides its services to global banking giants such as Santander & HSBC, allows us to provide services in both English & Arabic across multiple countries, and elevates our offerings by bringing global security and KYC standards to clients in the region. Facephi's biometric technology will help us develop our processes in a more agile, quicker, and easier way, with the peace of mind that we will avoid digital identity theft attacks.”

Enrico Montagnino, General Manager of Facephi EMEA, values this contract signing as "an important milestone in the company's expansion strategy”.

CISCO LAUNCHES FULL- STACK OBSERVABILITY PLATFORM

Cisco has announced the launch of a new Full-Stack Observability Platform—a vendor-agnostic solution that harnesses the power of the company’s full portfolio. It delivers contextual, correlated, and predictive insights that allow customers to resolve issues more quickly and optimize experiences, while also minimizing business risk.

This industry-leading offering enables a new observability ecosystem that brings data together from multiple domains including application, networking, infrastructure, security, cloud, sustainability, and business sources.

“Full-Stack Observability is critical in today’s digital-first business environment,” said Liz Centoni, Executive Vice President, Chief Strategy Officer, and General Manager, Applications at Cisco. “Cisco Full-Stack

Observability brings together network intelligence, security insights, and application observability across the multi-cloud environment and the full technology stack to enable enterprises to deliver unmatched digital experiences with deep business context.”

Cisco’s FSO Platform is focused on OpenTelemetry and is anchored on Metrics, Events, Logs, and Traces (MELT), enabling businesses to seamlessly collect and analyze MELT data generated by any source.

CISCO FSO PLATFORM APPLICATIONS: CLOUD NATIVE APPLICATION OBSERVABILITY

Cloud Native Application Observability is the premier solution delivered on Cisco FSO Platform. It helps customers achieve business outcomes, make the right digital experience related decisions, ensure performance