Digital Commerce and Some Vintage Mobile Biometrics News in This Week’s Top Stories Roundup

Digital Commerce and Some Vintage Mobile Biometrics News in This Week's Top Stories Roundup

All of this week’s top stories from Mobile ID World are in some way related to commerce and payments, while a fifth entry is a blast from the past.

On the financial side of things, this week brought Samsung’s announcement of Samsung Money by SoFi, its answer to the Apple Card. It’s essentially a virtual debit account, designed to operate as part of the Samsung Pay mobile payments platform:

Samsung Developing Debit Card for Mobile Payments Platform

The week also brought a prediction from Thales that the COVID-19 pandemic will accelerate mainstream adoption of contactless payment solutions – which is good news for the many organizations racing to get new biometric payment cards to market:

Thales Forecasts Rise of Biometric Payment Cards

Speaking of biometric payment cards, one of the major biometrics specialists involved in this space is Fingerprint Cards. The company got a lot of attention this week with the news that its Board of Directors has decided to move forward with a share buyback program:

FPC Discloses Important Developments at Annual General Meeting

Readers also proved interested in Visa’s announcement that 28 new partners are going to join its Visa Token Service as “Credential-On-File” token requestors, marking a considerable expansion of the digital payments security service:

Visa Announces 28 More Partners for Visa Token Service

Finally, for reasons that are likely understood only by hardcore sneakerheads, this week saw a surge in popularity for a 2016 article about biometric payment authorizations on Nike’s SNKRS mobile app:

Nike SNKRS App Enables Biometric Checkout

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Stay posted to Mobile ID World next week as we continue to bring you the latest news and interviews from the exciting world of digital identity. To see the hottest stories of the week in biometrics, visit our sibling site FindBiometrics.