319 Results from /identity
Retired Member
How simple is it in reality? FIDO2 is a remarkable project that has been driven by IT industry giants all over the world for several years now. Describing what exactly the project is in a concise manner is rather difficult since the FIDO Alliance (the organisation that is developing and promoting the project) is seeking to encompass lots of possib...
03 April 2023 /regulation /identity Banking Strategy, Digital and Transformation
Barley Laing UK Managing Director at Melissa
Many financial institutions are experiencing share price fluctuations and some uncertainty as events play out from the collapse of the Silicon Valley Bank and Signature Bank. While navigating their way through the current macroeconomic climate it’s very important, if they are not already doing so, to focus on delivering a competitive advantage to h...
17 March 2023 /regulation /identity Banking Strategy, Digital and Transformation
Martin Wilson Chief Executive Officer at OneID
Banks and corporates face the same key problem online as consumers – reliably overcoming anonymity. Solving this problem causes friction, frustrating consumers and denying revenue to businesses and financial institutions. Here’s how digital ID can help prevent this. The existing ID verification processes used by many banks and e-commerce providers...
16 March 2023 /payments /identity
Digital payment services are revolutionising e-commerce in the UK – but there are obstacles to overcome before they deliver their full potential. Here we run through the key challenges facing the sector, and the role digital identity providers can help overcome them. In a few short years, digital payments have gone from a novel innovation to becom...
Time and again digital transformation initiatives fail. Research by McKinsey shows that 70 percent of complex, large-scale change programs don’t reach their stated goals. Some companies are now frightened to go down the route of digital transformation after their expensive ‘big bang approach’ didn’t work, despite a long and laborious process. But...
07 March 2023 /payments /identity Fintech
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
I have been acting as an independent advisor for the Findyconsortium in Finland (now the public-private Findynet co-operative) since it started in 2018. It aims at implementing a trust infrastructure based on Self-Sovereign Identity and the Trust over IP architecture. Here all citizens, all organisations and many things will get general purpose fa...
03 March 2023 /retail /identity Innovation in Financial Services
Iain Swaine Director EMEA, Global Advisory at BioCatch
Phishing is the oldest weapon in a fraudster’s war chest and still serves as the most common form of cyber-attack around. Phishing attacks reached a record high in 2022, according to the Anti-Phishing Working Group, with banks continuing to be the number one target. What has become known to many consumers is how to spot most phishing emails when ...
22 February 2023 /identity /crime Artificial Intelligence and Financial Services
Adam Preis Global Strategist at Ping Identity
The market opportunity for developing seamless, secure, and scalable services across the UK Open Banking landscape continues to grow. More than 6.5 million users access services through open banking and APIs on a regular basis. On top of that, there was a 500% rise in payments made through open banking this past year, according to the 2022 Open Ba...
16 February 2023 /security /identity Open Banking
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 Digital Identity Management
APIs provide rapid and scalable applications for banking, payments, and other businesses that require identity verification for AML and KYC compliance. In most countries, some firms are obliged by law to comply with AML and KYC. When such firms authenticate their consumers, APIs may provide a faster, simpler, and less expensive way to comply while ...
30 January 2023 /security /identity Banking Strategy, Digital and Transformation
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