MENA Fintech Association Welcomes Facephi as a Member to Support Digital Identity and Secure Financial Onboarding Across the Region

The MENA Fintech Association (MFTA), the region’s leading not-for-profit fintech industry body and globally ranked among the top fintech associations, is pleased to welcome Facephi, a global technology company specializing in digital identity verification and AI driven fraud prevention solutions, as a new scaleup member.

Facephi joins MFTA at a time when financial institutions across the Middle East are accelerating digital transformation initiatives and prioritizing secure digital onboarding, identity verification, and fraud prevention capabilities. As banks and fintech providers continue to expand digital services, robust identity technologies are becoming a critical foundation for secure, compliant, and seamless financial experiences.

Facephi delivers advanced end-to-end solutions that enable financial institutions to securely verify users, prevent fraud, and streamline digital onboarding processes. Its technology combines artificial intelligence, biometric recognition, and digital identity verification to help organizations provide secure, frictionless access to financial services while meeting evolving regulatory requirements.

With a strong global footprint, Facephi works with banks, financial institutions, and digital service providers across multiple regions, supporting secure customer authentication, regulatory compliance, and digital identity management in increasingly digital financial ecosystems.

As part of its engagement with the Association, Facephi will contribute its expertise to MFTA’s ecosystem initiatives focused on digital identity, cybersecurity, fraud prevention, and secure financial infrastructure. As digital banking adoption accelerates across the region, biometric authentication and identity verification technologies are playing a growing role in enabling trusted financial services and protecting both institutions and customers.

Henry Rosas, Senior Commercial Director, Facephi Middle East, commented: “Joining the MENA Fintech Association marks a strategic step in reinforcing our commitment to the region’s digital transformation. At Facephi, we are seeing a significant acceleration in demand for secure digital identity and fraud prevention solutions, driven by the rapid growth of digital banking and financial inclusion initiatives”.

Digital identity and biometric authentication have become key enablers of financial inclusion and secure digital transformation. Financial institutions across the Middle East are increasingly investing in identity technologies to support digital onboarding, strengthen compliance frameworks, and mitigate fraud risks while delivering seamless user experiences for customers.

MFTA continues to serve as a trusted platform for industry leaders, policymakers, and innovators through working groups, roundtables, partnerships, and thought leadership initiatives. Facephi’s membership further strengthens the Association’s commitment to advancing secure digital infrastructure, responsible fintech innovation, and collaboration across the MENA ecosystem.

Nameer Khan, Chairman of the MENA Fintech Association and Founder of Fils, added: “The MENA region continues to demonstrate strong progress in digital financial services, underpinned by resilience, regulatory advancement, and increasing institutional participation. At the MENA Fintech Association, we remain committed to actively supporting this growth by working closely with regulators, financial institutions, and technology leaders across the region. As digital identity becomes increasingly critical to enabling secure and inclusive financial ecosystems, we welcome Facephi to the Association. Their expertise will further strengthen our collective efforts to build trusted, compliant, and resilient financial infrastructure across MENA.”

The post MENA Fintech Association Welcomes Facephi as a Member to Support Digital Identity and Secure Financial Onboarding Across the Region appeared first on FF News | Fintech Finance.