New ideas for the future of mobile financial services: Morpho joins Mobey Forum

In October 2014 Morpho became a new member of Mobey Forum, a global industry association empowering banks and other financial institutions to lead in the future of mobile financial services.

"Being a worldwide leader in payment and transaction security as well as the world leader in biometric authentication solutions, Morpho surely brings a new expertise and a new vision to the key areas of Mobey Forum, such as payment innovations, mobile payment and transaction security," said Philippe Le Pape, Vice President Sales, Biometric Solutions - Payment BU. Morpho will take the opportunity to bring new concepts especially to the banking part of Mobey Forum. At the same time benefits will come from showing leadership by attending and chairing workgroups or meetings. Since Morpho joins Mobey Forum as a Senior Associate Member, Philippe Le Pape will co-chair the influential ‘Biometrics & Security' workgroup with Mario Maawad, the head of digital security of CaixaBank. This special workgroup is looking into the various methods of biometric authentication, considering the opportunities and impacts these methods will bring to financial institutions as well as the wider payments industry. Mobey Forum connects industry thought leaders to identify commercial drivers for the development of better mobile commerce. Members include the whole mobile financial services value chain, from banks and other financial institutions to service providers, vendors and handset manufacturers. Their goal is to collaborate to analyze business strategies and technologies in order to create innovative, interoperable and competitive financial services. Philippe Le Pape is convinced of the benefits both for company and customers: "In this respect Morpho will benefit from its new membership within Mobey Forum as much as all existing banking customers and potential new customers. New industry trends are discussed extensively at regular member meetings and within workgroups, which provide an excellent platform for networking and building new business relationships." "We are delighted that Mopho has joined Mobey Forum as a Senior Associate Member and taken a leadership position in the Biometrics and Security Workgroup. Morpho's exceptional expertise in biometrics and security is a very welcome addition to Mobey Forum and will surely benefit our bank members," said Sirpa Nordlund, Executive Director at Mobey Forum. Mobey Forum's workgroups and task forces get together to discuss specific topics in the mobile financial services industry, such as Mobile Corporate Banking, Host Card Emulation and Security. Those groups create widely appreciated whitepapers, aiming to prevent tunnel vision in the mobile financial services industry by overcoming the remaining barriers inhibiting the development of a successful MFS ecosystem. Furthermore Mobey Forum has liaison partnerships with several industry associations at varying degrees of involvement. The most active partnerships are with the EPC (European Payments Council), GSMA and NFC Forum, with whom Mobey Forum shares knowledge through workgroups and member meetings.