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Standards of Facial Recognition

This is a fight among three powerful strategic alliances over technical standards in identity authentication. As the writer states, “the focus area of conflict and competition…is the standardization of the entire process of financial payment.” There are three standards alliances and the one who gets the standard will also get the dominant market position: 1) FIDO Alliance, established in July 2012, supported by the Bank of China, ICBC, China CITIC Bank, Mobile’s cmpay, and a range of international giants (e.g. Microsoft, Google, Samsung, etc.); 2) the IFFA Alliance, started by Ant Financial in 2015 after Alipay left FIDO, which includes the China Academy of Information Communications Technology; 3) SOTER – an open source standard announced by Tencent in August 2017