It was a big week for mobile identity technology, with major bank, a national government, and a global tech brand showing up in this week’s collection of Mobile ID World’s top stories.
The bank in question is one of the biggest in Canada – BMO, or the Bank of Montreal, which became the latest major financial institution to embrace selfie-based biometric onboarding this week. Canadian customers can now remotely prove their identity by uploading a selfie and images of their official ID, with BMO’s app using facial recognition to match the two:
The aforementioned government, meanwhile, is that of the United Kingdom, which is planning to develop a digital identity app to give citizens easy access to government e-services. The UK’s Government Digital Service got some considerable attention from Mobile ID World readers this week with its procurement notice indicating that it’s looking for a technology partner for the project:
The globally recognized WhatsApp was also in the spotlight this week thanks to some sleuthing from XDA Developers, which led to the discovery of code in a beta version of a WhatsApp upgrade that suggests that an upcoming version of WhatsApp Pay will require identity verification from end users. It’s a bit speculative, but could point to WhatsApp pay launches in new jurisdictions with more stringent KYC requirements:
In other FinTech news, IPification garnered some reader interest this week with the news that it would be providing a mobile anti-fraud solution for Cambodia’s ABA Bank. IPification’s solution, which revolves around the verification of IP addresses against SIM and phone number information, will replace a security system based on One-Time Passwords:
And finally, readers flocked to a Mobile ID World feature on the accelerating adoption of biometric technology in security keys. Fingerprint-scanning security keys are now starting to hit the commercial market, and could represent the next big wave in key-based multi-factor authentication:
Keep reading Mobile ID World for the latest news from the world of digital identity. You can also visit our sibling site FindBiometrics to learn more about biometrics.