The world is moving towards digital identity and interoperable systems. To close cybersecurity gaps, every layer of protection must be evaluated and strengthened. Identity solutions must balance security, accuracy, and accessibility.
Interbio Technologies, a subsidiary of TOTM Technologies, has signed a partnership agreement with CRESCOTEC, a Dubai-based software technology company, to collaborate on the development, production, and provision of customised identity solutions and services. Through this agreement, the two companies will combine Interbio’s digital identity infrastructure with CRESCOTEC’s facial recognition and liveness detection software.
With this partnership, TOTM Technologies together with its subsidiaries is positioned to strengthen its market standing, diversify its revenue base, and build on its technological capabilities. It is also expected to strengthen Interbio’s ability to serve government and private sector clients in Indonesia and other parts of the world.
The partnership focuses on developing a solution tailored to clients’ needs, and the two companies will continue to collaborate as it evolves. A proof of concept has already been completed for a prospective client.
The capabilities developed through this partnership may also support opportunities beyond Indonesia, including in Singapore and Vietnam, and across sectors such as banking, fintech, and telecommunications.
TOTM Technologies builds trusted digital infrastructure in digital identity, artificial intelligence, and quantum-safe technology, from national identity programmes to cross-border trust infrastructure across the region.
Trust in identity management is one of TOTM’s core priorities. We are committed to developing and providing robust digital public infrastructure while maintaining a human-centric approach.
To learn more about our Identity business unit, visit www.interbio.id.