The mass market biometric identification solutions landscape: stakes, trends and recommendations.
Indeed, we are still at the early stage of this industry, but it is
progressively exciting to observe that disruptive players of this nascent
industry focus significantly on simplicity and the end-to-end security to
improve user experience.
Connectikpeople.co, soon #Retinknow can observe that fingerprint scanners
built into Apple and Samsung smartphones lead the trend. Apple’s Touch ID
replaces the traditional PIN code for payment cards via Apple Pay.
Apple henceforth gives third-party developers access to the Touch ID
application programming interface (API), enabling integration of its biometric
identification method into iOS apps. Samsung has also introduced its
fingerprint scanner earlier this year.
Financial institutions begin to react including the US branchless bank
Simple and Australia’s Bank of Melbourne.
It is also encouraging to observe that major wallet operators: PayPal and Alipay
have upgraded their apps to allow users to sign in and authorise payments by
swiping their finger.