562 Results
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
I used to be in charge of ao payments, e-banking, e-business and trade finance at Nordea Bank and its predessors. There I tried to demonstrate e-innovation impact with a self-made 1-4 points table. Now when general-purpose EBWs will be mandatory not only for banks – but also for public sector units the ice-hockey stick phenomena is coming nearer. S...
16 hours /ai /identity Innovation in Financial Services
What started pretty much as an effort to get identification credentials issued to citizens (needed in countries without ID-services by banks) is now - thanks to mandatory general-purposes EBWs for public sector units (who can be against fast action here?) - moving to the opportunity identity building organisation wallets bring to industry and glob...
30 November 2025 /ai /identity Transaction Banking
Interesting discussion with LLMs today. Sometimes they tend to dramatise - so I have edited. Floor 0 — Internet (the swamp) Everyone starts here. Today’s economy is built on: passwords phishing unverifiable emails unverifiable phone calls unverifiable organisations It’s the fraud floor. Especially painful for elderly customers in banks, telecoms ...
30 November 2025 /ai /identity Innovation in Financial Services
I just published this in the EU Have your Say: A crystallisation of the steps is needed: 1. The base for progress in all areas is the Trust Infrastructure. Getting the EBWs from the markets and with them the general-purpose EUDIWs and AI-agents in test use before dead lines. 2. To motivate fast wallet deployment and frequent use there mu
27 November 2025 /ai /identity Innovation in Financial Services
Start with Why is an absolute must-read - if you ask me. I have recommended it to hundreds in discussions and even named my own enterprise - Why-Advisory Oy after it. It is striking, that when you have an especially inspiring discussion partner I often discover that he or she has read the book. The purpose - what is good for the customer or socie...
25 November 2025 /regulation /retail Innovation in Financial Services
The focus is now on getting public sector units to take EBWs in use - before it becomes mandatory. I have for my part listed the massive reasons - the WHY - over the years and will not repeat them here. Christmas came early this year as EU and the German chancellor Friedrich Merz came out with the HOW: mandatory wallets for issuing and verif
25 November 2025 /security /identity Innovation in Financial Services
EU legislation is soon driving mandatory wallet deployment in public sector units. The need for mandatory EBWs was echoed directly by the German chancellor Friedrich Merz. I am sure that many countries outside EU will also go for mandatory - as this gives enterprises powerful reasons to take suitable wallets in use - and the McKinsey estimated 3-...
24 November 2025 /ai /identity Innovation in Financial Services
We have long been arguing that there is a risk that massive effort to supply all willing Europeans with identity building wallets will be a failure – unless there is a critical mass of verifiable credentials available. Identification and drivers licenses are not enough. All sorts are needed and the getting the seldom needed ones harmonised are esp...
23 November 2025 /ai /identity Innovation in Financial Services
Qualified Trust Service Providers have lived in a narrow corner of the market: qualified signatures, seals, timestamps and eDelivery. Important, yes — but now more can be done. With EBW (x-EUBW), EUDIW, DPPs, DIIP formats and the rise of agentic AI, QTSPs can find themselves in the right place at the right time. They can become the backbone of Euro...
21 November 2025 /ai /identity Innovation in Financial Services
It is not only a question of getting the organisation wallets rolled out - to get a cricitacal mass of verifiable credentials issued to and received from citizens and enterprises. Buried in the Commission’s staff working document for the EUBW proposal is this line that should make every builder, bank, policymaker and automation geek sit up straight...
20 November 2025 /ai /identity Innovation in Financial Services
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