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. 

 

 


 

  • GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Amazin to see governors endorsing this... Thai, Myanmar Central Bank Governors Endorse Blockchain Remittance Servic… https://t.co/7Y8we5qxds 7 days ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @everexio: Great coverage by @nationnews about Everex signing an agreement with Krungthai Bank, Thailand, a second largest bank in the c… 7 days ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Save your dates for the 7th Asia - Global Payment Summit on 10 - 11th Oct 2019 in Bali! The summit is hosted in cl… https://t.co/CmWXVZ1icV 1 week ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @Think_KAE: Our weekly round-up of the latest FinTech news, featuring Google, Alipay, RBS and N26! #Google #Payments #Remittance #FinTe 13 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @ThePaypers: .@everiToken platform allows anyone to “tokenize” their assets, such as buildings, company shares, or even artwork. Find ou… 23 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @i_am_pass: Just presented the worlds first tangible IDENTITY x DLT/ IOTA prototype in Germany for secure Identity and Access Management… 28 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @SovrinID: Read our latest Blog post: Collaboration and Interoperability on #Sovrin https://t.co/qb0MOC7OJV 28 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Yay digital banks https://t.co/SfGHxqtEaL 28 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @rananar: This is not cryptocurrency this is centralized eMoney. #bankofmongolia #bom #emoney #cryptocurrency #bitcoin #centralized http… 28 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit amazing development - Singtel and AIS debut VIA, Asia’s first cross-border Mobile Payment alliance… https://t.co/pW4UuH9Ppg 28 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Open Banking And PSD2 Not A Priority For Treasurers | Global Finance https://t.co/izqWeEX2Ft 28 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @dgwbirch: “Mr Skinner says... the UK wasted too much time developing card payment technologies, such as chip and PIN and contactless, w… 28 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit We had an amazing 2 day conference in KL with a packed audience! Thank you again to all who participated as well a… https://t.co/b5Dq0R0DZb 28 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @DeloitteUK_FS: Lenders that fail to utilise the full potential of #openbanking will be disrupted. 👀 Read our latest #FinTech blog by gu… 28 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @FintechSIN: Austrian Government to Notarize $1.3 Billion Bond Auction Using #Ethereum https://t.co/mNKRNdSanr #Blockchain #banking #Fin 29 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @InstaPayToday: 'Sharing Payments Insights from Asia' - Take a look at our latest article on the key insights from @GlobalPaySummit in K… 29 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Congrats and shout out to our colleagues @CurrencyResearc for an excellent inaugural issue of Central Bank Payment… https://t.co/7SBApIZ2MB 29 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @dgwbirch: “In US currently, there’s no legal requirement stipulating a financial institution must make a consumer’s financial data avai… 29 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Panel discussion on #psd2 and #openbanking - influence and impact for Asia. @InstaPayToday @XMLdation @FinastraFS https://t.co/edQKTd98oy 1 month ago
  • Also interesting
    Announcing the ASIA - Global Payment Summit
    Written on 10 April '19 by
    READ MORE
    Global Payment Challenges
    Written on 10 September '18 by
    READ MORE
    PSD2 & Open Banking - Impact & Influence for Asia
    Written on 10 September '18 by
    READ MORE
  • Speakers 2018