Daon, a digital onboarding and biometric authentication technology firm headquartered in Dublin, has opened an office in Singapore and appointed a cybersecurity expert to lead its regional operations.
The appointment of Trilochan Sehgal as Daon's regional vice president for Southeast Asia was announced in a statement on Wednesday.
Based in Singapore, Sehgal is an industry veteran with more than 20 years of experience in cybersecurity, including many years at IBM, where he led the identity and access management software business for APAC.
«Due to the importance of this region to Daon’s global business, we are embarking on significant expansion plans,» said CEO Tom Grissen. The company said it said it is «in a strong position» to capitalize on the demand for its biometric authentication and identity assurance solutions, amid the introduction of digital banking regimes in the region.
New Partnerships
Daon’s clients in the region currently include Japan’s SMFG/SMBC, Standard Chartered Bank and several other Hong Kong based banks as well as the Hong Kong Jockey Club.
In 2020, announced several new partnerships, including with Singapore based digital bank Tonik, which provides the first digital-only bank in the Philippines. New virtual banks like Standard Chartered Bank’s Mox in Hong Kong are also using Daon’s technology and are currently live in production.
