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Nec Team Up

Can NEC leverage strategic fintech partnerships — particularly with Stripe for biometric payments and TASConnect for working capital — to embed financial technology into its enterprise ICT offerings?

HQJapan
IndustryInfrastructure / Payments
The story

NEC Team Up appears to refer to a partnership or co-innovation initiative under NEC Corporation's broader enterprise technology portfolio, most notably their collaboration with Stripe to advance Face Pay biometric payment technology. The initiative also extends into working capital management via a partnership with TASConnect. This is not a standalone company but rather a partnership/program operated by NEC Corporation, a Japanese ICT conglomerate.

Last 12 months
2023-09
2024-01
Product timeline
2023
NEC APAC signed a strategic agreement with TASConnect (SC Ventures) to develop a joint working capital management analytics solution.· lending
2024
NEC partnered with Stripe to advance Face Pay biometric payment technology.· banking
The stack
Payments / PSP
Stripe
Lending
Working capital management analytics
Accounting gap: none