Connect with us

E-Business

UrbanID: Revolutionizing Identity Management Systems Across the World

Published

on

Kindly share this post

As the world grapples with economic development and humanitarian challenges, one company has been leading with tech solutions that focus on implementing next generation digital identity systems to assist nations navigate the challenges.

In today’s globalised world, a country’s identity system has, without a doubt, taken a pivotal role in the nation’s continued sovereign existence and as a result the identity system has become one of the most significant and therefore valued national infrastructures of a nation.

Whether for security, humanitarian action, for national economic planning or for international networking in the comity of nations, the identity system of a country has become the yardstick on which to tell a nation’s focus on development and humanitarian policies.

While a robust identity ecosystem has been recognised as a key backbone upon which a country springs to socio-economic development, the United Nations describes legal identity as the basic characteristics of an individual’s identity such as name, sex, place and date of birth conferred through registration and the issuance of a certificate by an authorised civil registration authority following the occurrence of birth.

As nations look to implement digital identity systems in line with global best practices, therefore, there are quite a few unique organisations offering technologies and solutions that assist countries to establish robust digital identity ecosystems.

One of these organisations in a small league of unique companies whose solutions are enabling the implementation of digital identity ecosystems for countries across the world is UrbanID.

Nigeria is renowned for producing technology specialists whose tech feats lead the way and break new grounds. So, just as Philip Emeagwali, is reputed as the inventor of the world’s fastest computer, the brain behind UrbanID, which offers tech solutions that are shaping digital identity ecosystems globally is Nigerian-born Olatunji Durodola, who, for nearly three decades has made unmatched contributions to the tech industry yet with little noise about his contributions.

UrbanID’s global presence is testament to the versatility and robustness of its technology solutions. Founded nearly three decades ago, and operating out of the United Kingdom and the United Arab Emirates, UrbanID has proven time and again with proof of concept that became reality that the identity of individuals can be managed in a secure, safe and yet easily accessible environment by governments or other stakeholders when necessary.

UrbanID wears its trademark in such a manner that builds and reinforces trust and confidence, and this it has exemplified with its state-of-the-art suites of technology services delivery to very high profile clients, particularly countries in Asia, the Middle East and Africa in the last 25 years.

To underscore its vision and commitment to delivering unmatched digital identity solutions for developing countries, UrbanID, which made the most impressive presence and display of products at the ID4Africa 2024 conference and exhibition in Cape Town, South Africa, declared at the event:

“UrbanID is proud to present state-of-the-art digital identity solutions and products for the developing world, with specific emphasis on Africa and South-East Asia, focusing on their unique identity management challenges.

In a world where a person’s identity needs to be secure, trusted and protected, UrbanID comes with over 30 years of experience in the mobile landscape and bears a passion for solving problems that only Africans know best to resolve. You can count on us to always have a listening ear, be prepared to respect local cultures and norms, as well as local fiat currencies.”

With its footprints well established both directly and through a couple of subsidiaries in countries like the UAE, the UK, Nigeria, Estonia, Rwanda and still counting, UrbanID prides itself as an IT company with a difference, which offers a wide range of exceptional services that cut across various sectors thereby enabling the global economy. Over the years, the company has committed itself to providing guaranteed world-class digital identity solutions in a disruptive yet highly efficient manner.

It asserts with boldness that, “We are building the technology infrastructure of a robust and disruptive Digital Identity ecosystem for the world across borders with mutual recognition, while offering solutions that are crafted in strict compliance with our mission to empower individuals, strengthen communities, and foster inclusive citizenship services through a secure and innovative digital identity ecosystem.”

In a world where identity theft and protection of data are subjects of immense and intense debates and concern to nations, institutions, security agencies, the financial industry and corporates globally; UrbanID has set for itself the onerous task to ensure that its clients adopt “digitalisation as a process which eliminates the social barriers that prevent complete individual growth and equal participation of all citizens in a country’s political, economic and social structures,” says Mr. Durodola, founder of UrbanID.

Consequently, building technology infrastructures with robust and disruptive Digital Identity ecosystem for the world across borders with mutual recognition, in the thinking of UrbanID, is a bouquet that include:

Identity Management

In nearly three decades of outstanding tech solutions experience, the company has paved the way as a leading provider of most secure and robust identity management solutions to governments, large enterprises and non-profit organisations across regions of the world.

Identity Tokenisation

UrbanID is celebrated for spearheading and creating the unique tokenization tech solution which provides one-of-its kind service that strengthens and enhances the security of end-user data protection and protects personally identifiable information (PII).

Public Key Infrastructure

Perhaps in one area where the company has impacted identity management across emerging economies most is in providing services and expertise in public key infrastructure (PKI) that assist governments secure their information systems, databases and operations. Eliminating the phenomenon of ghost has stood out UrbanID thus endearing it to governments at both national and sub-national levels.

User Consent Management

Complementary to tackling the issue of ghost workers and other leakages in organisations is the important component of its identity management system suite. UrbanID equally prides itself as a User Content Management service provider; and, it offers a wide range of ID verification products, along with user content management services for government-issued IDs.

These complex and highly technology-driven suites of ID solutions offered by UrbanID are a sure proof of the tenacity of its founding, a proof of one man’s resilience and years of total commitment to the promotion of best practices in ICT focused on assisting governments secure their most prized asset: the citizens’ identity records and databases. Speaking on why the company places great emphasis on user consent for personal information especially for Africans, Mr. Durodola said:

“The identity of a Nigerian or any African, for that matter, is no less important than that of a European. Enterprises are therefore encouraged to value citizens’ personal information higher than bundles of money in a bank account.

“Our world-class disruptive technology seeks to simplify the process (yet retain the integrity) of the importance of ensuring that any verification entity obtains an ID holder’s explicit Consent to verify their identity, with immutable proof of such an approval and what was done.

“We emphasise that simply signing a piece of paper “I approve” or clicking on a button “I consent” falls way below any set industry standards for a full value chain of who did what, when and from where, with a citizen’s personal information, and, this is what UrbanID is about: Zero Knowledge Proof,” Mr. Durodola stressed.

UrbanID is synonymous with the life-long journey in the world of IT of the highly talented Nigerian, Olatunji Durodola who also founded the company’s subsidiary, CommonIdentity Ltd in Nigeria in 2017 with a clear mandate to serve as an Identity Management Consulting and Software Development firm.

In the inner recesses of Olatunji’s mind when he established CommonIdentity, was to assist governments especially in developing economies to scale up and catch up with the advanced economies in identity management. Thus, his company is focused on Digital Identity Solutions for Governments of developing nations with Nigeria as the starting point.

With growth and the need to reach the larger world, in 2021, CommonIdentity Ltd was acquired by UrbanID Global and it currently controls 51 per cent equity stake in the new company. Part of the outcome of the acquisition was to restructure and focus on consumer based Identity Solutions.

This narrative was based on the earlier accomplishment of having developed Africa’s first and only MobileID ecosystem with around 20 million downloads, and still counting.

Today, another UrbanID subsidiary is a Nigerian outfit called TruID Ltd with focus on Enterprise-based Identity Management solutions. UrbanID holds another 51 per cent stake in this start-up.

Ever eager to exceed clients’ expectations, Durodola speaks of UrbanID’s commitment and mission-critical focus: “Our Patented Tokenisation Technology is being used in the largest Identity Database in Africa, to provide enhanced data protection and privacy to all ID holders. Our passion is to reduce the proliferation of personal data in so many disparate and insecure databases in developing economies.

“To insure this, we use state-of-the-art hardware, hand-picked and custom-built by our engineers and computer scientists, who have decades of experience in Enhanced Data Privacy, development of open standards, hardware and bespoke software development solutions.

“From the Graphic Processing Units (GPUs), to the high-performance CPUs, to the highly secure Hardware Security Modules (HSMs), to our optimised custom Linux Kernel, we are very proud of our work to put the developing world in particular at the pinnacle of innovation and creativity.”

Durodola’s towering accomplishments in developing some of the globally renowned IT solutions leading some of today’s Identity Solutions in various countries through his companies are making the difference in the identity management systems in several countries including Nigeria.

His ingenuity in the tech space has some foundations worth mentioning. As far back as the 1980s, Olatunji Durodola developed the world’s first mobile version of the London Underground Tube Map for the Psion Organiser II.

He also collaborated with W & R Chambers to develop the first electronic version of the Official Scrabble Word Dictionary. Similarly, Durodola participated in developing Palmtop work for the Hewlett-Packard Company, in Portland, Oregon, USA. And since 2012, he has been involved in creating some of the most outstanding Identity products for the Nigerian government.

It is not a surprise that Urban ID is a critical success factor in the development of Africa’s best, largest and unarguably, most reliable identity management systems.

Assisting the National Identity Management Commission (NIMC), and seeing the monumental gains the Nigerian state has made in enrolling over 120 million citizens with National Identification Number (NIN), as well as designing the most recent Polycarbonate Card, which manages a robust, easy to use Mobile Digital ID Card are some of Durodola’s accomplishments even as he continues to innovate with a mind-set to evolve and create new tech solutions in the global digital identity space.

 


Kindly share this post

Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

Continue Reading
Advertisement
Comments

E-Business

Four Nigerian Start-ups Selected for NBA Africa Startup Accelerator’ Demo Day

Published

on

Kindly share this post

NBA Africa has unveiled the list of ten startup companies from seven African countries selected for the Demo Day at the NBA headquarters in New York City on Wednesday, Sept. 25 as part of “Triple-Double: NBA Africa Startup Accelerator,” which the league launched in April 2024.

At the event, designed to support Africa’s technology ecosystem and the next generation of African entrepreneurs, the ten start-ups will pitch their products to a panel of international industry leaders, after which four winning companies selected will be awarded financial support and mentorship, including an opportunity to participate in workshops and development programmes facilitated by NBA Africa or its partners.

The selected companies from Nigeria include Buzza (Nigeria) which helps sports organisations improve their operations through digital solutions, including digital management transition and Festival Coins (Nigeria), an event technology company that offers a customised, no-code event registration and ticketing platform for events.

The other two are Naemo Global (Nigeria) which aims to revolutionise sports scouting on the African continent through its proprietary data analytics and AI-utilising scouting software, Afriskaut and Salubata (Nigeria) which creates modular shoes repurposed from plastic waste and noted for innovation while reducing the global carbon footprint.

The six other companies from across the continent include one each from Rwanda (Backrest), which provides a wearable technology solution called WristWrist to facilitate cashless payments at event venues, Côte d’Ivoire (Gara), a pan-African video gaming and comics platform that facilitates the distribution of digital entertainment experiences; and Kenya (HustleSasa), which provides live event services that support payment processing, attendee check-in, merchandise sales, customer data management and more.

Others are from Ghana (Power to Girls Foundation), which provides a social connection and mentorship platform called My Power App dedicated to empowering girls and women aged between 13 and 20, and Egypt (UBR VR), which delivers state-of-the-art, fully immersive, in-person virtual reality (VR) experiences across Egypt and South Africa (Vambo Technologies), known for a digital language technology platform leveraging AI to provide real-time translation, content creation, and language learning technology.

Speaking of the initiative, NBA Africa CEO Clare Akamanzi, said: “We have been inspired by the level of talent and creativity from all of the applicants, and we congratulate the 10 deserving finalists who will showcase their innovative solutions at Demo Day later this month.”

He added that “NBA Africa is committed to supporting the continued growth of startups on the continent, including the four prize-winners whose innovative solutions will further elevate the sport and creative industries in Africa for years to come.”

Operated by ALX Ventures, “Triple-Double: NBA Africa Startup Accelerator” was open to early-stage startups in Africa that develop solutions in event management and ticketing, youth development, AI, and digital marketing.

The initiative will support Africa’s tech ecosystem and the next generation of African tech entrepreneurs by providing them with access to mentorship and capital that will help drive growth in the sports and creative industries.

The four prize-winning startups will be announced at Demo Day.

NBA Africa is an affiliate of the National Basketball Association (NBA), a global sports and media organisation with the mission to inspire and connect people everywhere through the power of basketball.

NBA Africa conducts the league’s business in Africa, including the Basketball Africa League (BAL), and has opened subsidiary offices in Cairo, Egypt; Dakar, Senegal; Johannesburg, South Africa; Lagos, Nigeria; and Nairobi, Kenya.


Kindly share this post
Continue Reading

E-Business

Private Malware to Ransomware-as-a-Service: the Rise of Mallox

Published

on

Kindly share this post

The recent rapid proliferation and increased sophistication of Mallox ransomware signals a pressing demand for organisations to urgently bolster their defenses, protecting their digital assets and mitigating risks.

To address this need, Kaspersky has released a report titled “Mallox Ransomware: In-Depth Analysis and Evolution”. The new publication provides a comprehensive analysis of the Mallox ransomware, chronicling its transformation from a privately operated malware to a full-scale Ransomware-as-a-Service (RaaS) operation.

The report highlights Mallox’s significant impact since its initial appearance in early 2021. Originally a highly targeted, human-operated ransomware, Mallox inflicted severe damage on organisations worldwide.

Kaspersky’s research details how this once-isolated threat has rapidly evolved, with more than 700 new samples identified from 2021 to mid-2024. This surge in activity is largely attributed to Mallox’s transition into a RaaS model, enabling it to expand aggressively by recruiting affiliates and partners through a dark web forum.

In January 2023, the operators behind Mallox launched a robust RaaS affiliate program, actively seeking skilled “pentesters” to expand their reach. Offering lucrative profit-sharing terms, the program has attracted a host of cybercriminals, contributing to a marked increase in Mallox-related attacks.

The report further delves into the advancements in Mallox’s encryption schemes, which have become increasingly sophisticated. Kaspersky’s detailed analysis of these cryptographic techniques underscores the continuous innovation by Mallox developers to enhance the ransomware’s efficacy.

The report also sheds light on Mallox’s global spread, focusing on its preferred infection vectors. Notably, the attackers often exploit vulnerabilities in MS SQL and PostgreSQL servers, demonstrating its adaptability and threat to a broad range of industries. This in-depth analysis serves as an essential resource for cybersecurity professionals, offering critical insights into the nature and evolution of this formidable ransomware.

Mallox has demonstrated a particular preference for targeting certain regions. Brazil, Vietnam, and China have emerged as the most frequently targeted countries.

Although India, Russia, Saudi Arabia, Lebanon, Colombia, Turkiye, and the United States of America have experienced fewer attacks, they remain vulnerable to the ransomware’s threat.

“Understanding the Mallox ransomware – its evolution, characteristics, and devastating potential – empowers organisations to fortify their defenses.

“With the right security measures in place, companies can not only protect their digital assets but also diminish the risk of becoming the next target of this formidable threat,” comments Kaspersky security expert Fedor Sinitsyn.


Kindly share this post
Continue Reading

E-Business

Sterling Bank Pioneers Africa’s First Indigenous Core Banking System

Published

on

Kindly share this post

Sterling Bank Limited, has made history by migrating to what is believed to be the continent’s first-ever indigenous core banking solution called SeaBaaS.

The implementation of SeaBaaS, developed by Peerless, according to a statement obtained by Nigeria CommunicationWeek, marks the completion of a new banking system announced to customers in August 2024.

This strategic move positions Nigeria as a leader in digital banking, driven by local talent and cutting-edge technology.

Leveraging advanced data analytics and artificial intelligence, the system according to the lender, promises to enhance customer experience and operational efficiency, providing smarter, faster financial services.

Speaking on the achievement, Abubakar Suleiman, CEO of Sterling Bank, said SeaBaaS is the first fully developed core banking platform that is wholly built and owned by an African technology company.

He described the development as the start of a new revolution in Africa’s drive for economic self-sufficiency, noting that the intellectual property underpinning SeaBaas will be available to partners across the continent in the coming months.

For regulators, it ensures greater transparency, robust reporting, and compliance with evolving standards.

“Partnering with Peerless to create SeaBaaS is not just a milestone for us; it is a renewal of our resolve and ambition to remain a world-class organization. It is proof that African institutions can do great things that will make the world stand up and take notice of us,” said Suleiman.

“We are once again proving that the notion of Nigerian banking being one of the most technologically advanced is not just a myth, but a reality that is manifested in the quality of solutions we can develop, and services we can deliver to our customers.”

Suleiman explained that the transition to SeaBaaS represents many things to many people. “For the African banking industry, it is the continent’s first indigenously conceived and engineered core banking application, built and owned entirely by a Nigerian company, with every line of code, database configuration and interface proudly African, delivered by homegrown talent.

“For our customers, it offers faster transactions, enhanced security and innovative financial products tailored to their needs. For regulators, it ensures greater transparency, robust reporting and compliance with evolving standards.”

The bank’s CEO acknowledged the challenges faced during the implementation, stating that implementation issues had been resolved, with the institution’s full bouquet of digital banking services being restored in phases for customers’ use.

According to him, “This successful deployment reminds us that nothing truly valuable comes without challenges. While this transition has tested our systems and patience, it also reinforced our commitment to innovation and excellence. We enter this new phase confident that the migration will deliver unmatched efficiency and transformative customer experiences.”

He also pointed out the financial implications of the migration, noting that African banks collectively spend hundreds of millions of dollars annually on foreign core banking systems, which exacerbates the continent’s trade balance issues.

“The introduction of SeaBaaS not only sets a new benchmark for Nigerian financial services but also paves the way for a future where African institutions can reduce their technology costs, thereby enhancing financial inclusion, he said.

Sterling Bank’s migration to SeaBaaS adds to its history of being at the forefront of market-leading innovations. The bank pioneered Nigeria’s first contactless prepaid transport card (FarePay) and the first automated retail lending solution (Specta).

It has also partnered with state governments to deploy innovations like the first drone delivery system for pharmaceutical consumables with Zipline in Kaduna, and digitized medical records.


Kindly share this post
Continue Reading

Trending