Financial services is the major theme in this week’s roundup of Mobile ID World’s top stories, with three of the roundup’s five articles touching on innovative FinTech. This week’s roundup also illustrates strong reader interest in drone technology, and – of course – Apple speculation.
On the FinTech front, readers showed a lot of interest in one of the latest developments from the emerging biometric payment cards market. IDEX Biometrics recently announced that it had received another order for its TrustedBio solution from an existing customer, noting that this reflects “increasing customer demand” with respect to biometric payment cards:
This week also brought some mobile onboarding news from the financial services sector. Singapore’s Tiger Brokers has turned to Onfido to use the latter’s selfie-based solution to remotely verify the identities of end users, helping the company to comply with Know Your Customer requirements while improving customer service:
ACI Worldwide, meanwhile, recently announced that its ACI Fraud Management platform is now being used to protect over a billion customers. The solution uses behavioral biometrics to authenticate legitimate end users and to detect fraud, and its ACI Model Generator helps client organizations with KYC and AML compliance:
As for drone technology, a Mobile ID World feature delving into the opportunities and risks that the tech presents garnered a lot of reader interest. The feature paid special attention to how drone tech can be used for surveillance, while noting its beneficial industrial applications:
Finally, some Apple speculation. While there has been a growing accumulation of evidence pointing to Apple’s efforts to develop in-display versions of its Touch ID and Face ID authentication systems, a respected Bloomberg analyst says that these will not be features of this year’s anticipated iPhone 13 – though he does assert that Apple is indeed working on the technology:
Apple is Exploring In-display Touch ID and Face ID – But They Won’t Be in This Year’s iPhone: Report
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