USAA has granted development rights to some of its patented security technologies to Persistent Systems to create authentication and security-related products.
Marketplace lenders have set themselves apart from banks by moving faster, but lending fraud might force them to revamp their authentication processes.
The delay has analysts worried that Customers Bancorp will also postpone the sale of BankMobile, which was slated to take place during the first quarter.
The U.S. government and banks face similar challenges in implementing a biometrics identity system. Both should study what other countries are already doing.
The Trump travel ban calls for a new biometrics system to track all travelers to the U.S. It could follow the examples set by Canada, India and Estonia.
The president's executive order reflects a lack of trust in the identity information shared between countries. In theory, blockchains are tailor-made to solve this problem, but current systems may not be up to the task.
