57 Results from 2024, /identity
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Our task - especially in banking - is now to take the ready parts of EU legislation and wallets into use – make the Trust Infrastructure real. WHY? Because we need to make life easier – cut the rising stress levels - for citizens at work and at home, make enterprises more successful, make EU more secure and transparent and cut CO-emissions in a...
11 October 2024 /retail /identity Innovation in Financial Services
It is well known that consumption of energy is growing too fast with today’s digital trends. The growth took off already with music, pictures, PDFs and videos. Then we got the YouTube video production explosion, Bitcoins and AI. An interesting Economist article notes that Americans now spend more time on watching YouTube than any other source of c...
10 October 2024 /retail /identity Innovation in Financial Services
Saurabha Sahu Senior Solution Consultant at Wipro Limited
Let's delve into the key considerations that Regulators take into account to prevent Data Colonization. The aim is to establish a well-rounded framework that safeguards both individual rights and national sovereignty, fostering innovation and economic development. #DataColonization #Regulation #Innovation #EconomicGrowth ---------------- ---...
09 October 2024 /regulation /identity Data Management and Governance
Some of my readers have probably wondered how this Harald always manages to go on and on about various digital services. The main reason is that my mission starting in the mid70s at Union Bank of Finland (now Nordea Bank) has been to participate in building digital infrastructures that benefit society-at-large and to promote the actual taking-into-...
03 October 2024 /retail /identity Innovation in Financial Services
Barley Laing UK Managing Director at Melissa
Financial crime remains a big issue with $3.1 trillion of illicit funds flowing through the global financial system in 2023, according to Nasdaq’s 2024 Global Financial Crime Report. It’s no wonder that most in financial services are investing heavily in advanced ID verification technology to protect themselves from fraud and meet increasingly stri...
30 September 2024 /identity /crime Digital Identity Management
I have a long experience of driving (some say nagging about...) implementing digital standards based competition driving infrastructures. It started in the early 80s with payments in e-banking, followed by all other traditional banking services, then in the 90s with interconnecting customers with e-id- e-signing, e-invoicing and e-salary services....
26 September 2024 /retail /identity Innovation in Financial Services
Adam Preis Global Strategist at Ping Identity
The UK’s financial regulatory landscape is known for its comprehensive oversight, securing consumer interests and rights, and focus on maintaining fair, competitive markets. While the country’s financial rules aim to protect consumers and ensure market stability, they also emphasise innovation, particularly in the post-Brexit era. Central to this ...
25 September 2024 /regulation /identity Banking Regulations
The Trust Infrastructure's Identity wallets (many already EUDI-interoperable) are the only practicable, secure and economical way to bring the sets of verified data (credentials) needed for servicing life events - but also to build the digital twins of organisations, people (with their 100% control), things (product passports important credentials...
19 September 2024 /retail /identity Innovation in Financial Services
Anand Naik CEO at Sequretek Inc
In today’s financial services sector, the approach to cybersecurity has fundamentally shifted. Traditional defenses, focused on protecting a defined perimeter, are no longer sufficient. As organizations adopt cloud-led digital transformation, mobility, and hybrid work environments for their employees, these access points have become prime targets ...
18 September 2024 /regulation /identity
Home- and SME-business e-banking was introduced in Finland in the early 80s. It became a success first because of bill payments and as employees were allowed to use workplace computers for personal banking (modems for home PCs were not that common first). Share trading and other bank services were added soon after. Interconnecting customers with e...
11 September 2024 /regulation /identity Innovation in Financial Services
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