Identity
The door to financial inclusion remains closed: Could Digital ID be the key?
Tuesday 31 August 2021
The door to financial inclusion remains closed: Could Digital ID be the key? Despite decades of financial inclusion efforts, barriers preventing access to financial services continue to exist across the globe. One such critical barrier, is the lack of an official, foundational form of identification. An estimated one billion people worldwide remain unable to prove their identity, while millions
- Published in Community & Events, Diversity and Inclusion, Fintech, Identity
Navigating the new normal with digital identity proofing
Monday 23 August 2021
Know-your-customer (KYC) checks have long been associated with high levels of customer friction. Traditionally, these assessments were largely carried out by financial institutions, conducting due diligence to safeguard against financial crime. Creating a seamless customer journey was not a priority in the design of legacy identity proofing systems. Until recently, customers looking to open up a bank account would expect to take paper-based documents into
- Published in Identity, Innovation, Regulation, Security
Digital patient identity in a pandemic era
Tuesday 10 August 2021
Virtually every industry has seen the global pandemic transform how they do business. Nowhere is this more evident than in healthcare. The emergence of COVID quickly led to in-person medical appointments moving to online video consultations, and all manner of routine healthcare needs migrating to digital platforms. A great deal of focus has been placed
The mutual benefits of technology in mortgages
Tuesday 03 August 2021
Building societies were created to help their members overcome one of the biggest financial challenges most of us will face: buying a home. Nearly a third of people in the UK have a mortgage from a building society. Building societies operate differently to lending banks. They are mutual organisations that are owned by their members,
- Published in Content, Fintech, Identity, Innovation, Opinion
Fintechs and AI – A smart move for building societies and credit unions
Tuesday 27 July 2021
Fintechs and AI – A Smart Move for Building Societies and Credit Unions There’s seemingly no end to the business applications of artificial intelligence. From fraud detection to forecasting sales and analysing consumer behaviour, AI has rapidly become a powerful tool for enterprises across the world. In recent years, building societies and credit unions have
- Published in AI/Machine Learning, Content, Customer Experience, Featured, Fintech, FTT Building Societies, Identity, Innovation, Opinion, Robotics
Decentralised identity in banking – The chicken and the egg, or the hare and the tortoise?
Tuesday 15 June 2021
Designing digital identity to meet high levels of trust, while ensuring credentials are interoperable, portable and protect the holder’s personal data, is no easy task. Customers are becoming more and more aware of their online identities, they want security, data privacy and control. On many occasions, when verifying your identity online you are really verifying
- Published in Featured, Fintech, Identity, Innovation
The future of identity starts now
Tuesday 11 May 2021
Around 17 years ago, I first had access to a computer with the internet. A typical millennial, the majority of my online interaction was through MSN messenger under an anonymous username. Probably something like ‘CoolCatXOXO’. My digital and physical identities were completely separate and giving away any ‘real-world’ information was totally out of the question.
- Published in Community & Events, Content, Featured, Fintech, Identity, Innovation
Will banks take the lead in a global identity ecosystem?
Tuesday 02 March 2021
In today’s world the need for trusted, secure & seamless digital identity solutions is something most organisations can no longer ignore. As physical becomes digital, citizens, consumers and employees, are carrying out a growing number of complex interactions and transactions. On more and more occasions individuals must prove their identity digitally, when engaging with service
Digital Identity: a nut that remains to be cracked
Tuesday 08 December 2020
COVID-19 has accelerated digital lives at a speed that could not have been (or certainly was not) predicted. Confirming ‘who’ we are in the digital world has become critically important. Digital identity has been discussed for many years as the missing infrastructure, as the internet and the businesses built around it, has grown rapidly. Progress,
- Published in Content, Data Privacy, Featured, Fintech, Identity, Innovation, Opinion
FTT Virtual Nordics – Where Identity Ruled and the World Discussed
Tuesday 27 October 2020
During FTT Virtual Nordics on 14th October, many aspects of innovation, specific to the region, were discussed. As a collection of smaller countries, the Nordics have a long history of collaboration and partnership between nations. The importance of building strong infrastructure and foundations was also discussed and mentioned in several panels on the day, from
- Published in Community & Events, Content, Featured, Fintech, Identity, Interviews, Video