Google and Apple are working to secure their platforms, and assume the central trust role in authenticating the consumer. I’m much more interested in the Apple’s new developer APIs than I am in the fingerprint app. How will they begin to “lock down” applications, what new authentication features will they expose to developers? How will they allow consumers to provision sensitive data to other apps?
Clearly there are opportunities for new retailer friendly networks. The new incremental value TO BE delivered is centered around influencing and rewarding the (consumer in partnership with merchants). Given that retailers compete with each other, loyalty is thus useless for retailers which don’t offer competitive products at competitive rates. Thus a “community” of retailers is not as valuable as a “community” of consumers (ie Facebook, Twitter, Android, Apple). Thus platforms which serve the community of consumers will be much more effective.