This question is very similar to the story above on EMV. The engineer in me recoils at the thought that a sophisticated technology (which decreases risk), would not be welcomed within a market. To understand WHY, you must answer the question: WHO benefits from the risk reduction? If your business is risk management, and someone takes risk away, what is your business?
Those of you with more than 15 yrs in the industry will remember dedicated T1 lines that moved data in secure pipes from one location to another. We now have VPNs, transaction signing and encryption that allows for use of generic pipes between COMPANIES. Authentication at a USER LEVEL will now permit yet a finer grained LEVEL of Secure Services and Data ACROSS companies. Today we have Cloud services from Apple, Amazon, Google but how do you navigate amongst them? How can a Start Up develop services that SPAN them? Authentication and is Key…. And MNOs may be best placed to deliver this service.