Biometrics firm Veridium assigns ex-HSBC fintech leader as new CEO

Biometrics-based authentication technology company Veridium has announced the appointment of former HSBC fintech head James Stickland as the company new CEO.

Stickland is a seasoned fintech industry executive with decades of experience, serving as a senior executive for HSBC, JPMorgan Chase, and Cisco. He recently served as managing director of Red Deer Systems, which is a U.K.-based fintech company. With key specialization in fintech, his expertise lies in expanding a pipeline of venture capital and accelerating innovation within emerging technology portfolios, the release stated.

“Enterprises across the globe are attempting to tackle the ongoing problems associated with identity and access management, and VeridiumID is perfectly positioned to fully support these efforts. There is an incredible void for a biometric authentication offering that can be adopted on a widespread basis across an enterprise, remain cost-effective and eliminate the major security concerns.  Veridium’s technology has cracked this nut and I am very much looking forward to joining the company and taking this solution to market,” James Stickland, the new CEO of Veridium, said.

Stickland’s position as CEO will be focused on driving business strategy, revenue and investment growth and he will be based out of the company’s office in London. The appointment follows the company’s rebranded and launch of end-to-end biometric authentication solution, VeridiumID. This is a server-based solution for biometric authentication that works in unison with an enterprise’s mobile app and Veridium’s front-end, mobile SDK.

Stickland was director of innovation and investments at HSBC’s fintech division, prior to this. He has a strong track record as a senior head in both the financial services industry and tech startup sector, which has uniquely positioned him to lead Veridium.