LAS VEGAS (PRWEB) November 09, 2015
For the second year in a row, FindBiometrics – the Internet’s premier source for identity management news and thought leadership – brought biometrics to Money20/20, the largest global event focused on payments and financial services innovation for connected commerce. On Monday, October 26, 2015, the second day of the conference, Money20/20 facilitated the best attended biometrics focused event outside of the identity management industry, Biometric Identity & Its Applications in Financial Services & Payments, proving that biometrics matter more in FinTech now than they ever have before.
Moderated by Peter O’Neill, President and Founder of FindBiometrics, Biometric Identity & Its Applications in Financial Services & Payments brought together five of the biggest experts in biometrics and finance: Conor White, President, Americas, Daon; Philippe Le Pape, VP Sales Director, Morpho (Safran); Bob Reany, Group Head & SVP, Identity Solutions, MasterCard; Rick Swenson, AVP Enterprise Fraud Prevention & Detection, USAA; and Paul Burmester, CEO, ValidSoft.
Speaking on topics ranging from the role of biometrics in payments and banking, to the way that technologies like facial recognition and voice recognition are being combined to prevent fraud, the biometrics panel at Money20/20 is evidence that the next generation of financial transaction authentication is not just here, but ready for massive adoption.
Last year at Money20/20, Peter O’Neill hosted the conference’s first ever biometrics-focused panel, speaking to a full room of 300 attendees. This year, in order to meet the high demand, the biometrics session was held in a room built to hold an audience of 950 and the venue was nearly at full capacity. During his introduction of the panel, O’Neill asked how many audience members had biometric authentication on their phones; nearly every hand in the room went up.
“There is strong interest in biometrics, the FinTech world and in payments generally,” said O’Neill. “But to see this kind of response just illustrates clearly how fast things are changing. Attendees want to know and learn from companies like MasterCard and USAA who are successfully deploying biometrics. As we talked about on the panel, USAA recently announced that over one million users of its mobile banking app are enrolled for biometric sign in. These companies are actually deploying the technology and seeing massive success.”
"Each year, Money20/20 covers the most interesting parts of FinTech,” says Sanjib Kalita, Chief Marketing Officer, Money20/20. “As applications and uses of biometric technology grow, we try to incorporate these topics into the agenda. We've truly appreciated our partnership with Peter and FindBiometrics to cover biometrics and look forward to highlighting even more innovations next year."
Money20/20 has a reputation of bringing the best audiences to the most engaging event in finance on the biggest scale. With biometrics playing such an important role in the world of mobile commerce and banking, the conference’s championing of biometrics further validates its interest in giving its audience the leading thoughts in the financial industries. Over 10,000 attendees, including more than 1,000 CEOs from over 3,000 companies and 75 countries are helping Money20/20 remain the most relevant industry trade show.
About FindBiometrics: FindBiometrics is your leading industry resource for all information on biometric identification and identity verification systems and solutions. We have the latest daily news from the global biometric and identity management business community, a comprehensive vendor list, informative articles, interviews with industry leaders, exclusive videos, links to biometric associations and a calendar for the most important and current industry events and conferences.
For more than a decade we have brought you the top industry news, answering all of your questions, and have remained an integral player in the biometrics community. Now, here in the industry’s most rapid growth period, we are here to keep you more connected, knowledgeable, and up-to-date on the latest identity management news than ever before. FindBiometrics is also a proud member and longtime supporter of the International Biometric and Identification Association (IBIA)
About Money20/20: Money20/20 organizes the largest global events enabling payments and financial services innovation for connected commerce at the intersection of mobile, retail, marketing services, data and technology. With 10,000+ attendees, including more than 1,000 CEOs, from over 3,000 companies and 75 countries, expected at its 2015 U.S. event, Money20/20 is critical to realizing the vision of disruptive ways in which consumers and businesses manage, spend and borrow money.
Money20/20 Europe will be held at the Bella Center in Copenhagen, Denmark, April 4-7, 2016.