Samsung and Alipay are partnering on payment biometric authentication, rolling out what the pair calls the first Fast Identification Online (FIDO) ready system in the Far East.
“Alipay offers payment and escrow services for transactions on Alibaba Group’s marketplaces as well as to third parties in China. It plans to enable secure online payments via the fingerprint sensor (FPS)/biometric technology on the Samsung Galaxy S5 smartphone. The end result is that customers who make purchases and transfers in Alipay’s mobile application, Alipay Wallet, no longer need to enter a password,” reported Infosecurity Magazine. “Samsung had announced back in April that it would use the S3 Authentication Suite from Nok Nok Labs to make the Galaxy S5 smartphone FIDO-enabled. The FIDO set of specifications will support a full range of authentication technologies, including biometrics such as fingerprint, eye and iris scanners, voice and facial recognition, as well as further enabling existing solutions and communications standards, such as trusted platform modules (TPM), USB security tokens, embedded secure elements (eSE), smart cards, Bluetooth low energy (BLE) and near field communication (NFC). ”
PayPal has also embraced FIDO standards using Nok Nok, the magazine reported.