IFAA – China’s experience with biometric, authentication and standardization

Learn more about IFAA and Ant Financial’s strategy.

China leads many countries in the era of mobile internet. With proliferated use, identity authentication and security becomes of prime concern. To satisfy and meet high standards of security, the IFAA (Internet Finance Authentication Alliance) was founded in 2015 by Ant Financial Services Group together with members like Alibaba, Samsung, Huawei and ZTE. The standards developed by the alliance is interoperable across leading manufacturers of handsets, with more than 200 million active users.

Does the IFAA model meet the demands of Chinese users, or is this also a siloed approach? Will this inspire a global standardization for authentication and security?

Andy Yao, Marketing Director at IFAA, will share his insights on IFAA, along with many use cases and scenarios at GPS 2018. 

  

Related posts:

  

 

  • GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @WomeninPayments: #WomeninPayments CEO @duncankristy is speaking tomorrow at the #Asia @GlobalPaySummit in Bali on how Digital Financial… 2 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @HPS_worldwide: Our first day at Asia Global Payment Summit 🇮🇩was a real success with a lot of interactions! Didn't have time to meet o… 2 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Congrats to the winners of our mobile app game challenge during The Africa Global Payment Summit! @nataliemat7 and… https://t.co/215Zaz23OM 2 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @PPRO_Payments: #meetppro @GlobalPaySummit Asia in Bali next week at the Sofitel Bali Nusa Dua Beach Resort! Visit the panel about Alter… 3 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit At Asia GPS, this session will explore the use of #alternativepayments with a particular focus on #eCommerce market… https://t.co/7l1AdfiA4K 3 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @MastercardAP: Watch this space next week for more on these #payments solutions! https://t.co/1sWizNQl4b 3 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit @ThePaypers Always a pleasure working with you! 3 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @ThePaypers: The Paypers would like to extend a heartfelt word of appreciation to all our collaborators, from thought leaders to media p… 3 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Next week in Bali: Sandeep Malhotra @MastercardAP will share insights from the world’s only live network-level… https://t.co/bgKf8HHfir 3 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @FintechINA: With 2 weeks left, Asia @GlobalPaySummit outlined the main reasons why you should join in Bali on 10-11 October. Register n… 3 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @PPRO_Payments: #meetppro @GlobalPaySummit Asia in Bali from October 10th - 11th at the Sofitel Bali Nusa Dua Beach Resort! Send us a DM… 3 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Congrats to @AsiaPay @iPayLinks @KYC_Ltd #BCI(Thailand) @HydroBlockchain and @OneIdentity for the nomination and fi… https://t.co/8BhQAJEi3m 4 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @iPayLinks: iPayLinks was just nominated in Florin Asia Innovation Awards 2019 and will be showcasing on October 11th. Come and meet us… 4 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @smart_insights: We're proudly partnering with @CurrencyResearc as a Media Partner for the 7th edition of Asia Global Payment Summit, @g… 5 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit When ‘hearts and minds’ meet the ‘wallet of the future’ at #asiapaysummit in Bali! Paul Schulte, Schulte-Research w… https://t.co/O4gnSwnXdc 5 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @HollandFinTech: We're proudly partnering with @CurrencyResearch for the 7th edition of Asia Global Payment Summit, to be held in Bali i… 6 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit #Fintechs are working alongside #banks to put an end to high fees and lack of transparency in cross-border payments… https://t.co/6Lball9KmU 6 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @SEACENCentre: The Centre is pleased to announce a collaboration with the organisers of the Asia Global Payments Summit 2019 Asia-GPS. P… 6 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit We`re looking forward to hosting the 7th edition of Asia Global Payment Summit on 10-11 October 2019 in Bali, Indon… https://t.co/G4hmLpGaSt 6 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @ecom_asia: Know How E-Commerce Ecosystem Market Is Thriving Continuously By Top Key Players Alibaba, Amazon, https://t.co/cszaBCKQ2z, e… 6 weeks ago
    • Also interesting
    Alternative Payments in eCommerce Markets
    Written on 3 October '19 by
    READ MORE
    War of the Wallets
    Written on 3 October '19 by
    READ MORE
    The Paypers Releases the Open Banking Report 2019
    Written on 2 October '19 by
    READ MORE

  • Speakers 2019