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Industry
ChapterTitleUpdate
cial availability in February 2014. graphic titled Why Are Electronic Payments Important?
The piece features charts on the electronic payments life-
Sonavation on board with FIDO cycle and major players in this sphere, as well as facts on
economic impacts globally, where electronic consumer
Biometric authentication platform provider Sonavation spending is expected to reach $7.3 trillion by 2017.
Inc. joined the Fast IDentity Online (FIDO) Alliance.
FIDO's goal is to develop identity authentication best Mobile, NFC lack convergence
practices in an environment where traditional PINs and
passwords are eliminated. A survey by Compass Plus Ltd. conducted at the recent
Cartes Secure Connexions Event in Paris revealed adop-
RESEARCH tion and support of near field communication (NFC)
continue to lag as the mobile channel expands. Survey
respondents concurred that mobile solutions present the
Biometric authentication players greatest opportunity for payment and card providers in
2014, yet they remain a challenge in terms of security.
An Aite Group LLC report titled Emerging players in
biometric authentication: securing remote channels and pay- Global impact of interchange regulation
ments profiles nine vendors tackling biometric authenti-
cation from different angles. From transparent solutions A recent Mercator Advisory Group report explores the
such as behavioral, signature and voice biometrics to global impacts of interchange regulation. "Though the
interactive fingerprint and facial interaction, all have a full effects of interchange regulation are not felt for
remote-channel or payment authentication solution in years after, based on empirical evidence from Spain and
pilot or product mode. The report also highlights oppor- Australia among other countries, the cap the European
tunities and risks in this field. Commission proposed in July 2013 will have a consid-
erable impact on all participating countries across the
Electronic payments' economic clout region and set the domestic industry back a number of
years, as happened following domestic regulation in
The Strawhecker Group, in conjunction with the Spain and Australia," researchers stated.
Electronic Transactions Association, released an info-
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22
ChapterTitleUpdate
cial availability in February 2014. graphic titled Why Are Electronic Payments Important?
The piece features charts on the electronic payments life-
Sonavation on board with FIDO cycle and major players in this sphere, as well as facts on
economic impacts globally, where electronic consumer
Biometric authentication platform provider Sonavation spending is expected to reach $7.3 trillion by 2017.
Inc. joined the Fast IDentity Online (FIDO) Alliance.
FIDO's goal is to develop identity authentication best Mobile, NFC lack convergence
practices in an environment where traditional PINs and
passwords are eliminated. A survey by Compass Plus Ltd. conducted at the recent
Cartes Secure Connexions Event in Paris revealed adop-
RESEARCH tion and support of near field communication (NFC)
continue to lag as the mobile channel expands. Survey
respondents concurred that mobile solutions present the
Biometric authentication players greatest opportunity for payment and card providers in
2014, yet they remain a challenge in terms of security.
An Aite Group LLC report titled Emerging players in
biometric authentication: securing remote channels and pay- Global impact of interchange regulation
ments profiles nine vendors tackling biometric authenti-
cation from different angles. From transparent solutions A recent Mercator Advisory Group report explores the
such as behavioral, signature and voice biometrics to global impacts of interchange regulation. "Though the
interactive fingerprint and facial interaction, all have a full effects of interchange regulation are not felt for
remote-channel or payment authentication solution in years after, based on empirical evidence from Spain and
pilot or product mode. The report also highlights oppor- Australia among other countries, the cap the European
tunities and risks in this field. Commission proposed in July 2013 will have a consid-
erable impact on all participating countries across the
Electronic payments' economic clout region and set the domestic industry back a number of
years, as happened following domestic regulation in
The Strawhecker Group, in conjunction with the Spain and Australia," researchers stated.
Electronic Transactions Association, released an info-
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