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Discuss upcoming trends in digital proofing, authentication, fraud and digital identity management.
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Our research last year revealed that at least six million people in the UK are ‘ID Challenged’. This means that they struggle to prove who they are in order to access the products and services they are entitled to – in both the private and public sectors. Digital ID is rapidly being rolled out by all sectors as the primary way to access those serv...
27 July 2023 /inclusion /identity
Inna Demchenko Head of project at Bank
The implementation of remote identification and the ability to become a new customer without physically visiting a branch revolutionized banking services. In Europe this process remained mostly hybrid and involved only online ordering of a card, but with a mandatory visit to a branch to sign documents upon card receipt. At the same time in Ukraine ...
22 May 2023 /retail /identity
Guillaume Forget Executive Vice President at Cryptomathic GmbH
The UK's relationship with the EU has been tumultuous in recent years, especially in the wake of Brexit. With regards to digital identities, former Prime Minister Tony Blair's, statement that "everyone in the UK should be issued with a digital ID" has sparked heated national debate and left many wondering if the UK will follow suit with ...
19 May 2023 /regulation /identity
Across the globe, we are seeing country after country making digital ID a primary option for consumers (and businesses) to access both public and private sector services. In some countries, it is entirely led by the government, while in others it has been taken on by the private sector. The ecosystem to allow this is now established in most places...
04 April 2023 /identity
Eduardo Castro Head of Identity and Fraud at Experian
Romance scams are an especially cruel way to dupe a victim. Gaining their trust and fooling them into thinking they’re romantically involved, before exploiting that trust and using their personal information to take out borrowing in their name – or simply getting them to transfer cash – is particularly heartless. But the scams are not just a cons...
13 February 2023 /identity /crime
For banking and financial services across the globe that embrace digital ID, the benefits will be vast. The digital ID ecosystem to enable this now exists and is rapidly expanding. Offerings are emerging around the globe that allow financial services firms to access digital IDs from a range of suppliers – spearheaded in the UK, for example, by tra...
17 January 2023 /inclusion /identity
Barley Laing UK Managing Director at Melissa
With inflation hovering at around ten per cent, triggered largely by the growth in energy prices due to the conflict in Ukraine, costs for many financial institutions are spiralling at a rapid rate. It’s leaving many worried about remaining competitive in the future as they contemplate price rises for products and services. Those in financial ser...
16 January 2023 /retail /identity
The cost of living crisis, combined with an increase in digitalisation of services and remote working at a time of great volatility in the world, has created new motives and justification for fraud to flourish. In fact, the current turmoil has fed into the three elements of the fraud triangle: motivation, opportunity and rationalisation. As a resu...
26 October 2022 /regulation /identity
The war in Ukraine has triggered a proliferation in sanctions against leading politicians, businesspeople and entities in both Russia and Belarus. It has left many in financial services struggling to keep up with the large number of sanctions announced by the territories they operate in, which they are legally required to adhere to. Failing to prop...
12 September 2022 /regulation /identity
Chris Lewis Head of Solutions at Synectics Solutions
Identity verification. Two small words that can throw up some big barriers. Justifiably so, given that the purpose of checking ID is to make sure that the right people get access to the right things. And that the wrong people, don’t. But what if the right people are denied access? What if a person is in real need of a loan to make their business pl...
29 June 2022 /inclusion /identity
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