Mobile wallet and security are top of mind for the financial services industry these days. Both issues were well represented at Finovate Spring 2013 in San Francisco Bank Innovation attended and chose the four companies that offered an interesting, desirable product with an easily identifiable ROI. Our account of every presentation is presented in the following four posts: Morning Day 1 Afternoon Day 1 Morning Day 2 Afternoon Day 2 The entire show was on a grand scale this year, with 1,300 attendees and an inspiring crop of 72 presenting companies. The following companies from that impressive crowd earned our Best of Show honors. OneID OneID stood out from the crowd of security options at Finovate because of its ease of use emphasis on the pain point of passwords. Passwords, in case you haven’t noticed, are difficult to create, and the secure ones are difficult to remember. This cloud-based consumer-facing solution aims to create on secure identity for users to use across sites. OneID relies on the mobile phone for authentication and works across channels. Its one-click sign-on will be familiar to young users accustomed to the less secure social sign-on, and its ambition to get rid of “shared secrets,” which are [...]
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