Manual approx less than 2 monthsJailbreak iPhone About 20h (less than a day)
Verify location of device and userPaymentActivate NFC chipGenerate user token and deliver itTemporary assigned and release content/DRMMulti sign-on across devices / credential delegationVetting / binding of applications / deviceSort/store/file new content under proper user (cloud assignment
Note: In its Annual Report for 2010, eBay mentioned that its subsidiary in Korea, IAC, had to deal with a potential exposure of 200M users in 2008 and put the price tag at $200/user to fix the situation Abandonment rate: 72.31% according to Fireclick / DigitalRiver in 2012 62.31% according to Coremetrics / IBM in 2011 72.00% according to SeeWhy in 2011 71.00% according to SeeWhy in 2010 55.00% according to Forrester Research & Shop.org in 2010 63.68% according to Coremetrics / IBM in 2010 69.38% according to Fireclick / DigitalRiver in 2010 62.14% according to MarketLive in 2009 71.00% according to Forrester Research in 2009 63.19% according to Coremetrics / IBM in 2009 68.00% according to SeeWhy in 2009 62.01% according to Coremetrics / IBM in 2008 61.36% according to Coremetrics / IBM in 2007 59.80% according to MarketingSherpa in 2006Average: 65.23% abandonment rateLast updated: February 25, 2012
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atural id Natural ID: When Usability meets Security at the Frontier of the Digital World Sebastien Taveau, CTO Validity Inc.
Natural ID and Cloud Source: The PC-DOC Systems Consulting
Increasing Revenues & Reducing churn / losses Cart Abandonment • Mobile: Each additional screen increase cart abandonment by 15% • Average abandonment rate is: 65.23% • Amazon created the 1-click check out to solve this issue • Amazon’s Trailing 12 month revenue is $51.4B*. • Projected for mobile is $4B+ • No-show: Losing 15% of just mobile business would be $600M. • PayPal: $119B** TPV; $10B Mobile; no-show TPV: $1.5B Fraudulent Transaction Reduction • Commerce: Total market size is $10T *** • Cash/check vs eMoney: 50% or $5T TAM • Mobile representing 6% of TAM: $300B • Accepted online fraud rate is 200bsp / 2% • Potential exposure is: $6B (today) to $100B (mainstream) • Reducing even by 1bsp results in $30M to $500M reduction(source: *Yahoo Finance, **eBay Analyst Day report, ***Economist Intelligence Unit)
FIDO: REINVENTING STRONGAUTHENTICATIONENTERPRISE PLAYERS CONSUMER PLAYERS ENHANCE SECURITY BETTER PROTECTION REDUCE COSTS SUPERIOR EXPERIENCE LOWER SUPPORT ISSUES NEW REVENUE MODELS FIDO ALLIANCE DEVICE OEMS TOKEN VENDORS EMBED SECURITY INCREASE ATTACH RATE DIFFERENTIATE ACCELERATE ADOPTION THOUGHT LEADERSHIP MOBILE COVERAGE FINGERPRINT, SUPPORTING ANY TPM, VOICE &DEVICE, ANYWHERE FACE