A vision for digital ID in a post-pandemic world
Tuesday 23 February 2021
The pandemic has accelerated the trend for service providers to move their product online or risk going out of business, making traditional ID methods of onboarding customers more challenging. But what does the future hold for a post-pandemic world? Will we see a return to paper documents, or will Digital ID become the new normal?
- Published in Content
Technology Alone Won’t Solve Digital Identity
Tuesday 16 February 2021
In recent years, many valuable solutions to the global issue of identity have emerged. Providers of face recognition, mobile credentials, blockchain, behavioural biometrics, IAM and machine learning all offer the potential to establish digital identity, with greater certainty. Financial Institutions and many other global businesses are implementing advanced solutions across their digital portfolios, to verify
- Published in Content, Featured, Fintech, FinTECHTalents, Innovation, Opinion, Start-ups
Identity Proofing in a Remote Digital Landscape
Tuesday 02 February 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, looking to conduct due diligence and safeguard against the legal consequences of financial crime. Creating a seamless customer journey was not a priority when designing legacy systems for identity proofing. Until recently,
- Published in Content
Digital Identity: The Missing Piece of the FinTech Puzzle?
Tuesday 26 January 2021
In today’s increasingly digital, experience-driven financial landscape, one of the major challenges facing any financial institution is how to be certain of a customer’s identity. Accurately, securely and seamlessly, while meeting evolving regulation. As transactions grow in volume and complexity, customers expect ever more streamlined experiences, regulators demand greater insights, and the risk of identity
Fighting Back Against Digital Identity Fraud
Tuesday 19 January 2021
Even prior to the outbreak of COVID-19, instances of digital identity fraud and theft were increasing at an alarming rate. Experian’s Global Identity and Fraud report, launched in January 2020, found that 3 in 5 businesses had reported an increase in fraud incidents over the past 12 months. In the UK, fraud prevention service Cifas