47 Results from 2022, /identity
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
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
Martin Wilson Chief Executive Officer at OneID
January marked four years since the introduction of Open Banking. Although industry take up was initially slow, 2021 proved to be a catalyst for the initiative. In the past year, there has been a 60 percent increase in new Open Banking customers, totalling 3.9m consumer customers and 600,000 small business customers. Furthermore, with 1 million re...
10 February 2022 /wholesale /identity Open Banking
Stephan Wolf Advisory Board Member at The Open Working Group
According to EY’s 2021 Global Corporate Reporting Survey, 76% of the world’s major finance leaders back the need for globally consistent environmental, social and governance (ESG) standards. Stephan Wolf explains why ensuring a holistic entity identification mechanism through a global standard – such as the Legal Entity Identifier (LEI) - is a fo...
04 February 2022 /regulation /identity
Eduardo Castro Head of Identity and Fraud at Experian
The rapid digitalisation of the economy, turbo-charged by the Covid-19 pandemic, has presented new opportunities for all types of business. But the acceleration also brings challenges; businesses are under more pressure than ever before to offer secure, seamless, and efficient customer journeys to run a successful digital operation. Consumers’ gro...
27 January 2022 /identity /crime
The subject of Digital Identity hit the headlines again at the end of 2021 as the UK introduced a digital covid pass which was met with serious concerns about data privacy, civil liberties and the introduction of a National Identity Scheme by stealth. What many people don’t realise is that they already give up their identity data online every day....
25 January 2022 /wholesale /identity
Steve Morgan Banking Industry Market Lead at Pegasystems
Banks seem to struggle on applying anti-money laundering controls, despite their obvious determination to not break the law and support initiatives to stop criminal activities and terrorist funding. Even the biggest banks have problems, as the UK’s financial regulator reported in December 2021. The regulatory pressure to focus on know-your-custom...
20 January 2022 /identity /crime Law and Finance
First about the ladders & platform metafora. Ladders have steps - new services that make it possible and interesting to take the next step. The rails can be made strong by using materials like trust, habit, generic tools, convenience for builders and users, productivity improvements, security, legislation, economy of scale, economy of scope et...
16 January 2022 /retail /identity Innovation in Financial Services
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