As one of the earliest pioneers of consumer-facing mobile biometric authentication, Daon is now a widely established player in this growing part of FinTech. Its IdentityX platform, which offers a number of modalities for end user authentication including facial, fingerprint, and voice recognition, has been embraced by a range of financial services institutions including Mastercard, which is using Daon’s technology in its Identity Check authentication app. So it’s no surprise to find the company once again in the spotlight at this week’s Money20/20 Europe, where Daon’s EMEA and APAC President, Clive Bourke, participated in a panel discussion on “Breaking the compromise between security and convenience”.
The discussion was moderated by FindBiometrics President Peter O’Neill, who caught up with Bourke afterwards for a chat on the show floor after the session. In their talk, the two discuss some of the more interesting questions from their panel session, Daon’s recent business developments including the launch of a biometric authentication app with Japan’s Sumitomo bank, and what drives customers to embrace such solutions. Looking ahead, Bourke offers what he sees as the key trends in authentication going forward, including the ongoing rise of digital onboarding and the emergence of passive authentication mechanisms.