Right line was an official partner of the conference ‘Future Pay 2025: Bioacquiring’ organised by Bankovskiy Obozrenie. The event took place on 24 April and gathered leading fintech industry experts, representatives of major banks, regulators and retailers to discuss key issues of biometric payments development.

At the conference, the participants discussed the most relevant topics related to the implementation of bioacquiring in the financial sector. In the centre of attention were the issues of biometric payments regulation, technological solutions, successful cases of implementation in banks and retail, as well as challenges faced by market participants on the way to mass distribution of biometric technologies. The speakers also shared their vision of the future of biometrics in financial services and discussed new scenarios for the use of this technology.

During the event, Mikhail Zubakin, Director of Payment Systems Department at Right line, presented the solution – Bio Connect. This is a complex software for connecting banks to bioacquiring, which allows to simplify and speed up the process of biometric payments implementation. According to him, the development of Bio Connect was a response to the growing market demand for reliable and convenient solutions for biometric payments.

Mikhail also shared the experience of Right line team preparing the first version of the product for the bank’s stand at Finopolis-24: ‘At the last Finopolis-24 forum we demonstrated our Bio Connect solution together with one of the banks. In order to prepare it, our engineers worked around the clock for a week, preparing the stands and the entire environment so that the SBP payment would work. Yes, a lot of effort and time was spent, but with the help of our solution, the SBP payments were successfully made at Finopolis.

The participants of Future Pay 2025: Bioacquiring were able not only to learn about the latest trends and technologies, but also to exchange experience with colleagues and market experts. Right line is proud to support this important event and contribute to the development of biometric technologies in Russia. We are confident that joint discussion of current challenges and prospects of bioacquiring will help to accelerate the implementation of innovations and improve the quality of financial services for customers.

Photo: Nadezhda Dyakova / ‘B.O.’