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Discuss upcoming trends in digital proofing, authentication, fraud and digital identity management.
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Martin Wilson Chief Executive Officer at OneID
The Online Safety Bill is a landmark piece of legislation designed to lay down in law a set of rules about how online platforms should behave to better protect their customers and users. It aims to: prevent the spread of illegal content and activity such as images of child abuse, terrorist material and hate crimes, including racist abuse protec...
06 May 2022 /regulation /identity
The UK government recently announced that Deloitte had won a new £9m contract, having previously won a £4.8m deal, for work on One Login, which largely slipped under the radar. One Login, aims to provide a single identity for users of all online government services and this type of digital identity system is badly needed. Currently, around half of...
19 April 2022 /identity
Barley Laing UK Managing Director at Melissa
Address verification is often viewed simply as a practice that improves the accuracy of direct mail. However, it offers much more than that to the financial services industry that’s facing a number of challenges in 2022. Improve the customer experience and reduce cost with communications The financial services industry is a major user of direct mai...
14 December 2021 /regulation /identity
Kartik Swaminathan Author - 3F: Future Fintech Framework & Founder at Fintastech (Fintech Consulting & Coaching)
A Centralised & Digitised Know your Customer ecosystem is quite beneficial in the new age digital economy. It helps quickly onboard customers and avoids duplicates w.r.t submission of documents. That is not all, it helps reduce acquisition costs and improves compliance. In the long term, it also helps in making KYC truly effective and rationali...
05 October 2021 /regulation /identity
Guillaume Forget Executive Vice President at Cryptomathic GmbH
On 21st September, the Swiss-based train manufacturer, Stadler, announced that it lost a €3bn contract with the Austrian Federal Railways ÖBB due to a legally impermissible electronic signature on the purchase agreement.[1] The consequences of such a failure are serious. The costs inherent to a multi-billion public tender are counted in millions a...
04 October 2021 /regulation /identity
Retired Member
There’s no doubt that a full digital ID reality is imminent. But tens of thousands of organisations across the globe have done little to prepare for it. They still have unanswered questions. Despite the myriad of events taking place across the globe exploring, addressing and solving digital ID problems, they’re not answering the key questions for ...
13 September 2021 /identity
Stu Bradley Sr. VP of Risk, Fraud and Compliance Solutions at SAS
As the rapidly spreading coronavirus spurred lockdowns and ongoing social distancing measures around the world, consumers flocked to digital channels to replace or supplement face-to-face interactions. Mobile apps and online channels correspondingly mushroomed. In the US, for example, banks saw mobile business grow 50% in the first half of 2020. Ne...
30 August 2021 /payments /identity
With more people engaging and transacting with organisations online during the pandemic, there has been a corresponding rise in fraudulent activity. In the banking industry the Office for National Statistics (ONS) found a 68 per cent increase in remote banking fraud in 2020. Furthermore, research from UK Finance reveals that £479 million was lost...
02 July 2021 /regulation /identity
Sara Croft Head of Marketing at TrustID
Tony Machin, CEO of TrustID, discusses how IFAs can conveniently comply with KYC and AML requirements without the money and resources available to larger financial organisations. As an Independent Financial Advisor, you’re legally required to perform Know Your Customer (KYC) checks as part of Anti-Money Laundering (AML) compliance. But, even with...
27 April 2021 /security /identity
Adam Desmond UK&I Country Lead at Mitek
Many would be surprised to find that purchasing a bottle of alchohol in our local corner shop is a security risk. But how? When the seller asks to see our proof of age, it's customary to wip out a physical ID whether it be a driving license or passport. However, in doing so, we present a wealth of personal information – our address, signature and ...
14 April 2021 /security /identity
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