Wala and Veridium to demonstrate new digital banking model in Africa

Veridium, a biometrics company has announced a partnership with Wala, a South African-based, blockchain-powered financial services platform. Through the partnership, the companies will bring universal and financial services to emerging countries in Africa. Currently, nearly 3.5B people worldwide are excluded from the financial system. Veridium and Wala will collaborate on a pilot program in sub-Saharan Africa to demonstrate a new digital banking model that will bring accessible, zero-fee banking to this population.

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