Community
The banking sector is doing in practical terms all the strong e-ID transactions needed in Finland. There are some 3 600 organizations and all of the public sector using this services (dating back to the early 90s..).
Central bank statistics reveal continuing strong growth also in 2018:
2014: 56,2 million times
2015: 69,4
2016: 84,7
2017: 100,9 (a suitable and very valuable gift from the banking sector to Finland's 100 year anniversary)
2018: 125,2 (huge growth!)
2019: 160 million times? 32 times per citizen... why not. Figs from other Nordics pls..
Banks are legislated into strict KYC and must use secure tools. Banking services are used all the time (create habit) and are trusted. This secure and low cost Finnish innovation (also used for signing) has been implemented also in other Nordic and Baltic countries. Why not everywhere?
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Hassan Zebdeh Financial Crime Advisor at Eastnets
08 October
Jelle Van Schaick Head of Marketing at Intergiro
07 October
Kuldeep Shrimali Consulting Partner at Tata Consultancy Services
Nikunj Gundaniya Product manager at Digipay.guru
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.