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e-ID as a service

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?

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Bo Harald

Bo Harald

Chairman/Founding member, board member

Transmeri, Demos, Real Time Economy Program,MyData

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04 Nov 2008

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Helsinki Region

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This post is from a series of posts in the group:

Innovation in Financial Services

A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.


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