309 Results from /identity
Martin Wilson Chief Executive Officer at OneID
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 Digital Identity Management
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Is all data MyData?21 December 2018211 All data is somebody's data. Not really owned - but somebody is having the often exclusive right to use it. Sometimes alone, sometimes together, sometimes the right to alter and delete it, sometimes no right to change or delete it. What will happen next - when GDPR is a? strong foundation and MyData.org - the...
14 April 2022 /people /identity Innovation in Financial Services
Retired Member
Customers across financial industries are increasingly using services almost entirely online. It’s a consumer shift that was gaining momentum before the pandemic, with the rise of neo-banks, but digital-first services became essential to keeping us financially connected over the last two years when there were physical restrictions and lockdowns. N...
11 April 2022 /security /identity Biometrics
Authorised push payment (APP) fraud is currently rampant in the UK. In the first half of 2021, cases rose by a shocking 71% and for the first time overtook card fraud in terms of the amount of money stolen. These scams involve consumers and businesses being tricked into sending money to criminals using either stolen or invented identities. They ta...
30 March 2022 /identity /crime Banking Strategy, Digital and Transformation
In these dark days of brutal military aggression, it is important to find time to also look forward and discover new ways to make Europe more competitive and secure. The next phase of digitalization – the trusted data infrastructure based on Self-Sovereign Identity and MyData principles - is now an opportunity on an unprecedented scale. The impa...
20 March 2022 /retail /identity Innovation in Financial Services
Barley Laing UK Managing Director at Melissa
Biometric technology has only been taken seriously by many in financial services since the start of the pandemic, which made the remote onboarding of customers a necessity. Biometrics is already proving itself to be an important identity verification option for financial institutions, particularly as technology continues to evolve in this area. In...
22 February 2022 /identity /crime Biometrics
Bhavesh Vaghela SVP B2B Product and Innovation at Collinson
It’s February, and a year and a month has passed since my last predictions blog, and what a year we have had. Like with everything in life, things have taken longer than expected to finish. This is very true with the pandemic and the aftermath it is leaving behind. I concluded my last predictions with a quote from my hero David Attenborough “Our...
16 February 2022 /identity /crime Financial Transformation
Unlike last year, Valentine’s Day this year is likely to be one free from a lockdown. People across the UK are set to spend big on their partners, pets, and themselves with gifts, dinner dates and trips away. This means a whopping £1.37 billion could be spent by the UK for Valentine’s Day in 2022. But where there is money, there are fraudsters wait...
14 February 2022 /identity /crime
Amir Nooriala CCO at Callsign
It’s easy to forget that the internet is still in its “Wild West” era, where the frequency, complexity and devastation wreaked by fraudsters is only worsening with time. As the entry point for most online transactions, retailers are on the frontline of the battle against cybercrime and destined to interact with malicious actors. To tackle these ...
14 February 2022 /retail /identity Banking Strategy, Digital and Transformation
eIDAS2 is a fundamental step forward. It is building on MyData principles and the legal right for EUcitizens to get their data into practical use. One of the key elements is the no-need-for-technical-integration depicted below. Still there may be some countries that see the wallets only an identification tools - instead of builders of identity for ...
12 February 2022 /payments /identity Innovation in Financial Services
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