Earlier quoted context omitted.
Some banks needs photos of machine readable IDs to verify user details to fight fraud. These IDs can be passports or NFC enabled EU (and compatible) ID cards. This will allow banks to trust these cameras more on the long run, allowing higher security ID checks.
Okay, this doesn't answer the question on the vector but is another interesting example. Let's expand on that one then: Banks are offloading the trusted process of ID verification to an untrusted entity (end-user, merchant,...) and compensate for the loss of security by using a trusted service-provider (now Apple AND an iPhone 18 Pro). This is already happening today in two scenarios: 1. lower-risk scenarios (remotel…
Back in the day Canon and Nikon tried this with embedded private keys on their cameras, and with Sandisk's WORM SD cards. Then, somebody extracted the keys and it was game over.
While my iPhone 17 can't match a full frame mirrorless camera, it can take pretty impressive photos, so they are already more than adequate in detail and clarity department. So making these images trusted is a huge win for them.