Bo Harald Chairman/Founding member, board member at Transmeri, Demos, Real Time Economy Program,MyData
If you have a hammer, everything around may look like a nail - they say. With the hammer-advent of Self-sovereign Identity, DIDs, decentralised data, Trust over IP, Findy.fi, Open Wallet Foundation, eIDAS2 and especially the work on organisation wallets in EWC this is for sure looking like being the case. Any number of use cases have been listed....
05 March 2024 /retail /identity Innovation in Financial Services
Barley Laing UK Managing Director at Melissa
As migration increases and globalisation continues at pace, financial institutions around the world are having to review and verify a greater range of identification (ID) documents when onboarding customers than they traditionally would. This is backed up by research from the United Nations (UN) highlighting that nearly four per cent of the world’...
02 February 2024 /identity /crime Digital Identity Management
Bhavesh Vaghela SVP B2B Product and Innovation at Collinson
2024 Prediction Another year has flown by, and it’s time for the 2024 predictions. I write this on the train to London on a cold Tuesday morning. First, let’s see how I did last year. Growth - we saw several redundancies last year across FANG, Banking and fintech and other organisations either sold or closed. The switch to sustainable growth vs g...
23 January 2024 /startups /identity Artificial Intelligence
Citizens - at home and at work - will get accustomed to get all sorts of credentials to their identity wallets. One important life event for the citizen at home is the job application and at work the need to find skills to employ or deploy. The first step for education and qualification providers in all sectors is to deploy their own identity appl...
03 January 2024 /identity /predictions Innovation in Financial Services
2023 was the year when it was widely realised that e-identification - important as it is - is just one credential building the e-identity of citizens and organisations. With the already available EUDI-compliant general purpose and automatically interoperable wallet applications for all issuers, holders and service providers - we could start helpin...
03 January 2024 /retail /identity Artificial Intelligence and Financial Services
Robert O'Farrell CTO at ID-Pal
In the first four articles of this series (Current Techniques in Identity Verification: Establishing a Chain of Trust (continued)) we outlined the current methods of identity verification. Now we must look towards the horizon. As with any technological evolution, new threats emerge, requiring us to adapt and innovate. As the technology moves for...
18 December 2023 /security /identity Digital Identity Management
In part three of the series (Current Techniques in Identity Verification: Establishing a Chain of Trust) we started discussing the tests that computers can perform to verify a person’s identity. We ended that with a discussion of how ID document verification can be used to establish that you are dealing with a true identity. In this article we ...
12 December 2023 /security /identity Digital Identity Management
Alex Kreger Founder & CEO at UXDA
Customer engagement in banking refers to the interactions and relationships between a financial brand and its customers that cultivate a sense of loyalty, involvement, and investment in the bank's products and services. It is a measure of how involved and committed customers are to the financial brand and how much effort they are ready to put into...
11 December 2023 /retail /identity Banking
So far in this series we’ve addressed how humans establish trust in a person’s identity (The Foundations of Identity Verification: Trust and it's Pillar's) and the challenges and opportunities computers face when performing the same task (Computerized Trust: How Machines Establish Our Identity). In this third part of our five-part series, we mov...
04 December 2023 /security /identity Digital Identity Management
We are now moving fast to the Trust Infrastructure with EUDI-compliant general purpose automatically interoperable identitywallets for all parties - the data source, the data rights holder and for the service provider. This means that there will be the same interface for all. Obtaining and passing on verified credentials here can be likened to e-m...
29 November 2023 /retail /identity Innovation in Financial Services
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