Payments is the big theme of this week’s roundup of Mobile ID World’s top stories. The assortment also features popular articles touching on a big new industry event and conversational AI.
Let’s start with the topic of biometric payment cards, an emerging frontier of financial services that continues to generate excitement. Readers were highly interested this week in survey data from Zwipe and its partner TietoEVRY. The poll was limited to a couple hundred Swedes, but in any case it shows signs of potentially strong demand for fingerprint-scanning payment cards:
Swedish Survey Finds Strong Demand for Biometric Payment Cards
In related news, JCB released data this week showing a dramatic spike in the use of contactless payment solutions over the past year. That bodes well for biometric payment cards and mobile wallet systems alike, both of which can add biometric security to the low-friction, tap-to-pay process:
JCB Details Rise of Contactless Payments
Meanwhile, US FinTech specialist HUMBL announced a new partnership with Digital India Payments Limited, which provides payment processing services throughout India and beyond. The partnership will bring mobile payments-focused HUMBLE’s solutions to the DIPL network:
HUMBL and DIPL Team Up to Provide India with Better Mobile Financial Services
As for that big new industry event mentioned above, it is, of course, the FIDO Alliance’s inaugural Authenticate conference. The format this year is virtual due to health concerns around the COVID-19 pandemic, but that hasn’t dampened interest, with a number of Mobile ID World readers catching up on a recap of some Authenticate programming:
FIDO Highlights WebAuthn and the Regulatory Environment in Authenticate Day 4 Recap
And finally, an update from Cerence. The specialist in conversational AI for vehicles delivered a report on its first fiscal year as an independent company, and things appear to be going well, with revenues up 10 percent year-over-year. This is a unique and emerging space in connected car tech, and readers were understandably interested:
Cerence Reports Higher Revenues in First Fiscal Year After Spinoff
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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.
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