Image credits: IDnow
News Article

IDNow Reports the Future of Mobility

By Alejandro Enríquez | Mon, 05/18/2020 - 17:48

A few weeks ago, Mobility as a Service regained the spotlight under the context of how COVID-19 has accelerated the way people move across urban areas. Today, IDnow, a world leader on identification services for MaaS, released the report: "Future mobility: An industry in transformation". 

IDNow is a world leader in the Identity Verification-as-a-Service (IVaaS) segment. IVaaS is the forgery-proof identity verification that companies across different industries use to grant a maximum level of security. IDnow uses artificial intelligence "to ensure that an identification document has all security features in order to reliably detect forged documents," says the company on a statement. IDNow platform can potentially verify more than 7 billion customer identities from 193 countries in real time. 

With cutting-edge, technology the company serves big players in the mobility industry such as Sixt, Cluno or TIER. The report presented today highlights the trends among mobility services including new business developments, autonomous vehicles, as well as digitalization and electrification. The report stresses the relationship of AI to provide a high-quality user-friendly experience. 

"Traditional car manufacturers and local public transport have been joined by more and more new mobility service providers and trends such as micro-mobility and sharing concepts. All these companies are now striving for the best user-friendliness. It is extremely exciting to work with customers from various sectors of the mobility industry and find new solutions together," says Peer Geiger, Mobility Lead at IDnow.

Potential IVaaS applications include passenger and driver verification on ride-hailing apps, validation for car rental services including age and ID, identity check for integrated MaaS solutions, as well as fleet-management companies. 

To reinvent public transportation, one of the largest transport associations has focused on developing MaaS applications "to offer customers not only the traditional means of transport but also local and regional mobility providers from cars, bikes, scooters and ridesharing, as well as taxis," says the report. The RMV app, expected to be fully operating by the end of 2020, is said to have an integrated service including information, booking and payment systems. 

Other case studies include subscription car service which offers the customer a "flexible mobility concept" through a digital car subscription. Customers will pay for a monthly vehicle subscription for a minimum of six months and then they can change vehicles. Another case includes micro-mobility solutions that are often referred to as scooters, bikes and other miniature vehicles. According to McKinsey, by 2030, these offers will represent a US$150 billion market in Europe and a US$500 billion worlwide.

The data used in this article was sourced from:  
IDnow, Mexico Business News
Photo by:   IDnow
Alejandro Enríquez Alejandro Enríquez Journalist and Industry Analyst