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Discuss upcoming trends in digital proofing, authentication, fraud and digital identity management.
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Guillaume Forget Executive Vice President at Cryptomathic GmbH
On 21st September, the Swiss-based train manufacturer, Stadler, announced that it lost a €3bn contract with the Austrian Federal Railways ÖBB due to a legally impermissible electronic signature on the purchase agreement.[1] The consequences of such a failure are serious. The costs inherent to a multi-billion public tender are counted in millions a...
04 October 2021 /regulation /identity
Nick Mothershaw Chief Identity Strategist at Open Identity Exchange (OIX)
There’s no doubt that a full digital ID reality is imminent. But tens of thousands of organisations across the globe have done little to prepare for it. They still have unanswered questions. Despite the myriad of events taking place across the globe exploring, addressing and solving digital ID problems, they’re not answering the key questions for ...
13 September 2021 /identity
Stu Bradley Sr. VP of Risk, Fraud and Compliance Solutions at SAS
As the rapidly spreading coronavirus spurred lockdowns and ongoing social distancing measures around the world, consumers flocked to digital channels to replace or supplement face-to-face interactions. Mobile apps and online channels correspondingly mushroomed. In the US, for example, banks saw mobile business grow 50% in the first half of 2020. Ne...
30 August 2021 /payments /identity
Barley Laing UK Managing Director at Melissa
With more people engaging and transacting with organisations online during the pandemic, there has been a corresponding rise in fraudulent activity. In the banking industry the Office for National Statistics (ONS) found a 68 per cent increase in remote banking fraud in 2020. Furthermore, research from UK Finance reveals that £479 million was lost...
02 July 2021 /regulation /identity
Sara Croft Head of Marketing at TrustID
Tony Machin, CEO of TrustID, discusses how IFAs can conveniently comply with KYC and AML requirements without the money and resources available to larger financial organisations. As an Independent Financial Advisor, you’re legally required to perform Know Your Customer (KYC) checks as part of Anti-Money Laundering (AML) compliance. But, even with...
27 April 2021 /security /identity
Adam Desmond UK&I Country Lead at Mitek
Many would be surprised to find that purchasing a bottle of alchohol in our local corner shop is a security risk. But how? When the seller asks to see our proof of age, it's customary to wip out a physical ID whether it be a driving license or passport. However, in doing so, we present a wealth of personal information – our address, signature and ...
14 April 2021 /security /identity
Vikas Seth Chief Product Officer at IDnow Gmbh
As per recent report from Wall Street Journal one quarter of 165,000 branches of various banks in Europe will go away in next three years (https://www.wsj.com/articles/european-banks-use-pandemic-to-clean-house-11613298601). In 2020, one of the biggest car rental company closed more than 600 physical locations in Europe and middle east (https://ww...
04 April 2021 /regulation /identity
René Hendrikse Vice President & Managing Director, EMEA & LATAM at Mitek
Since the onset of pandemic, digital tools have been a means of survival across many industries. Remote working, distance learning, online shopping, virtual GP appointments, and even digital court hearings have all enabled us to continue to function as a society – albeit with a few changes here and there. However, the shift has been far from a se...
25 March 2021 /security /identity
Andrew Brennan Client Services Director and Partner at Strategy-led brand agency fst
The word ‘fintech’ may have been around since the early 90s, but in many ways the fintech revolution is only just hitting its stride. Financial services, for so long controlled by big banks and even bigger barriers to entry, are experiencing disruption and progress at an unprecedented pace. There’s been an acceleration in digital innovation and a ...
02 March 2021 /identity
Being in identity and security space for quite a while now, obviously when I talk to friends and family, they all get excited about whole identity verification and cutting-edge technology behind it. One very logical and obvious question I often get asked is, “Well I have this payment app/wallet (Apple pay or google pay or Paytm or what not) I am u...
24 January 2021 /payments /identity
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