FPC Joins China-Focused Internet Finance Authentication Alliance

“In a statement announcing its membership, FPC noted that IFAA’s standard includes biometric authentication based on facial, fingerprint and iris recognition.”

Fingerprint Cards has joined a major authentication standards group focused on the APAC region and particularly the China market.

The Internet Finance Authentication Alliance (IFAA) was founded in 2015 by major companies including Samsung, Huawei, ZTE, and Alibaba, which uses IFAA standards in its Alipay mobile payments platform. Various firms have sought membership in the IFAA over the last couple of years, from a fabless semiconductor maker to digital security giant IDEMIA, which joined the consortium earlier this year before it had rebranded from its previous appellation, OT-Morpho.

In a statement announcing its membership, FPC noted that IFAA’s standard includes biometric authentication based on facial, fingerprint and iris recognition. FPC has long specialized in fingerprint recognition and recently added iris scanning technology to its solutions portfolio.

FPC’s leadership appear to increasingly see value in joining industry alliances, with the company having announced affiliations with Eurosmart and EMVCo this past September. While those affiliations seem to have been primarily aimed at extending FPC’s presence in the smart cards and payment cards markets, its IFAA membership could enhance its influence across a range of product and service areas.

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November 14, 2017 – by Alex Perala

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“In a statement announcing its membership, FPC noted that IFAA’s standard includes biometric authentication based on facial, fingerprint and iris recognition.”

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