Last week marked the annual Money20/20 conference in Las Vegas – the biggest and boldest FinTech event in the world. We were there, along with our sister site FindBiometrics, while the news was filled with other commerce happenings, big fiscal reports and a great deal of mobile biometrics integrations.
Here is a look back on the top stories of the week that was in mobile identity management.
FindBiometrics, our global identity management focused sister site, brought biometrics to Money20/20 once again with a well attended panel featuring big name experts in finance and authentication. Biometrics were everywhere in Las Vegas, with two big announcements from VoiceVault, innovations in ATM technology and some big splashes from financial services giants MasterCard and Visa.
Here’s how Mobile ID World covered Money20/20. For more on this dynamic event, visit FindBiometrics.
Synaptics announced its Q1 2016 fiscal report last week, and the company’s success illustrates the fruitfulness of the mobile biometrics and interface market. MasterCard’s Q3 2015 results were released last week too, and while the company’s continued success should come as no surprise, an interesting aspect of the report has to do with the increased role biometrics and digital payments is playing in the company’s overall model. Fingerprint Cards (FPC) has not yet released their official numbers for this year’s Q3, but it has produced glowing preliminary results, which are further endorsed by the company’s recent increase in share capital.
Speaking of FPC, the company announced last week that Huawei has continued to integrate its sensors into its phones with the launch of the new Honor 5X which also sports Precise Biometrics’ software. Precise Biometrics’ CEO is featured in our interviews section this week too, and the fingerprint modality headlines otherwise include newly announced plans from iWallet and Nok Nok Labs’ upgraded S3 Authentication Suite.
Commerce is always a hot topic in mobile identity, and outside of Money20/20 last week we still saw it making headlines. PayPal suffered a service blip on Friday, Samsung lauded its mobile wallet’s success in South Korea and the USA, and we received offical word on the launch of Apple Pay in Canada and Australia.
Eyes, Face, Behavior
Concerning the other modalities, we saw the launch of FST Biometrics’ IMID Access v. 3.0.7 last week, which combines mobility, facial recognition and behavioral biometrics into a physical access solution. We also received news that the Canadian province of Saskatchewan will be using facial recognition for its drivers license program. Additionally, we reported on two biometric phones that go beyond fingerprint ID: UMI’s newest handset sports EyeVerify’s Eyeprint ID and Fujitsu’s latest phone once again features Delta ID’s iris recognition.
Stay posted to Mobile ID World through the coming week as we continue to bring you the most important news in mobile digital identity. Be sure to follow us on Twitter so you don’t miss a beat.