Network International has emerged as the first fintech in the UAE to conduct a biometric payments Proof-of-Concept (PoC), partnering with the Central Bank of the UAE via its EIF Innovation Hub. The initiative was officially launched by H.E. Saif Humaid Al Dhaheri, Assistant Governor for Banking Operations and Support Services at CBUAE and Vice Chairman of EIF.
The PoC showcases palm and facial recognition payment solutions, enabling secure, seamless in-person transactions without cards or mobile devices. This milestone supports the UAE’s Digital Economy Agenda, demonstrating how biometric payments can facilitate frictionless, future-ready transactions and accelerate the adoption of next-generation financial technologies in the region.
