LEADERSHIP
32 use SCA without the need for discrete deployments and help provide a standard multi-factor authentication for IoT platforms ,” says Poole .
Solving this particular problem could ultimately decide IoT ’ s place in the broader fintech landscape . “ Consumer privacy will be an important consideration as use of IoT data expands into financial services ,” advocates Eckenrode . “ At least at first , adoption will be slow given the fact that , by its very nature , IoT connects physical and digital worlds .” However , that necessary shift has been accelerated by the COVID-19 pandemic , which has placed a new importance on users ’ ability to manage their finances through digital devices . Moreover , the move to a
“ I ’ ve been working in banking and fintech for the past 20 years , focused on emerging and frontier markets , with previous experience at Standard Chartered , Barclays and The United Nations Migration Agency ”
— Steven Marshall , Chief Commercial Officer , Crown Agents Bank
DECEMBER 2020