UINT was in JAKARTA, for PAYMENTS SECURITY & AUTHENTICATION on JANUARY 21-22, 2015. On the opening day, Philippe Blot, Chief Executive Officer,gave a speech entitled Engaged in a new customer relation: a successful combination of secure elements and biometrics for user-centric authentication with the NS Alliance standard. It gave us a chance to talk about key outputs from this event and the role of biometrics.
What benefits can biometrics bring to emerging markets?
Implementing biometrics creates a user-centric process.
In emerging countries, this means a human, social approach that facilitates better financial inclusion. Biometrics is perceived more positively than PINs, and is more widely adopted, because it seems simpler and easier to understand for people who aren’t familiar with PINs. It took years for the PIN to be accepted in Europe; biometrics is more natural and faster to use. The Bill and Melinda Gates Foundation supports a number of projects that focus on biometric technologies, for example SimPrints. SimPrints provides access to health records via fingerprint identification, resolving the ongoing issue of delivering mobile services within the healthcare sector in developing regions.
Natural Security relies on the use of a personal device that stores user authentication data. What advantages does this device provide for User-centric Authentication?
About Payments Security & Authentication 2015, 21-22 January, The Ritz-Carlton Jakarta, Indonesia
As the digitisation of financial services continues the need for robust, secure systems and identity management is of increasing importance. Payments Security & Authentication Asia will be co-located with Mobile Money & Digital Payments Asia 2015, closing the loop between the payments and security ecosystems and bringing together the entire value-chain through a series of interactive conference sessions.