Arab Finance: VLens, a company specializing in electronic verification services, is set to kick off its operations after receiving approval from the Financial Regulatory Authority (FRA).

The company offers a range of solutions including electronic identification, verification, authentication, Know Your Customer (KYC) processes, remote smart contracting for non-banking financial services (NBFS), and electronic registration, preservation, and retrieval of digital assets.

Mohamed Mamdouh, CEO of VLens, emphasized the firm's commitment to employing technology to drive digital transformation in Egypt while prioritizing data security, governance compliance, risk management, and cybersecurity measures to safeguard customer information.

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