e-banking customers in Finland used their e-banking passwords 56,2 million times to log in to public sector and other non-banking services last year. Up from 47,1m.
Finland is a small country - so it may be useful to multiply into a corresponding EU-potential = 4 billion times.
Does this save tax payers' money? Does it save citizens nerves? Oh yeah.. Is it secure? Naturally - it has to be - otherwise banking would not function. Other countries are followin suite - but it could happen faster.
Why not? Do banks not see this as their responsibility (and modest business case). Do politicians not take their responsibility - making it easy and cost-efficient?