Identity exclusion is closely linked to socio-economic exclusion. Financial services and products are very often the starting point for establishing a digital identity, but not everyone has financial access. There are a number of reasons for this and it’s an issue that affects not only those in developing countries, but all across the world. Many

At FTT Identity 2021, we were joined by a panel of experts from Starling Bank and the Payment Systems Regulator in the UK, and FIDO Alliance and Capital One in the US. They discussed the latest initiatives, policies, technologies and demands driving strong customer authentication. It was very interesting to compare the commonalities and differences

Financial institutions and other global businesses face no shortage of advanced digital identity solutions on offer. Innovative technologies implemented across the digital economy are enabling customer identity to be verified accurately, seamlessly and in line with evolving regulation. As approaches to digital identity have been so incredibly diverse, the importance of standardisation and interoperability is

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

Despite decades of financial inclusion efforts, barriers preventing access to financial services continue to exist for individuals across the globe. One such critical barrier, is the lack of an official, foundational form of identification. An estimated one billion people worldwide are unable to prove their identity, while millions more have forms of ID that cannot

Even prior to the outbreak of COVID-19, instances of identity fraud and financial crime were increasing at an alarming rate. At FTT Identity 2021, a panel of experts from Trulioo, Cifas and NatWest Group came to the conclusion that these threats will never entirely go away. Financial insitutions can only minimise risk by adapting to

It would be impossible to ignore the drastic acceleration in digital transformation, that has taken place over the past year. Businesses around the world have turned to technology as a means to continue with everyday meetings, tasks and procedures, that just a few months previous were only carried out in-person.  Financial institutions have been left with no choice but to allow consumers

FTT Identity 2021 began with a big question – which entities will act as the guardians of our digital identities? The opening panel brought together an expert group well placed to tackle this complex debate, representing between them financial services, government, telecoms and the identity industry. They considered whether responsibility would fall to national governments,

A memorable moment at FTT Identity 2021, was the opening keynote delivered by Andrew Bud, Chief Executive Officer of iProov. Andrew begins this presentation by exploring current digital identity trends, before sharing his predictions for the exciting future of this evolving sector. Andrew identifies several compelling factors which have driven rapid digital acceleration over the

For this episode of FTT Chats we are joined by Andrew Bud, Chief Executive Officer at iProov to discuss the growing global demand for services enabling the online creation and authentication of user identities. We chatted about the need for strong protection against attacks on face verification, as well as the need to consider ease