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The high cost of cheap biometrics Banks and financial institutions are spoilt for choice when it comes to selecting a vendor in the remote identity verification industry. Once dominated by a handful of established firms, the sector has rapidly grown as a direct result of the pandemic increasing demand for a range of digital services.
On 26th April at Future Identity Finance, Laura Camplisson, our Future Identity Portfolio Lead, caught up with Paul McGuire, Co-Founder and CEO at tru.ID to discuss the most exciting trends and technologies shaping the future of digital identity and finance. tru.ID is an innovative provider of APIs for instant, invisible mobile authentication. tru.ID leverages the cryptographic security
Economists, governments, financial institutions, and crypto players are showing a growing interest in the development of central bank digital currencies (CBDCs). The term refers to a digital token of a country’s official currency, providing the public with direct digital access to central bank reserves. Issued and regulated by a national monetary authority or central bank,
On 26th April our community of identity industry leaders, including financial institutions, policymakers, technology enablers and consumer facing businesses gathered at Future Identity Finance. We explored how innovation, regulation and customer expectations are changing the way we identify ourselves to access financial services. During the event, Laura Camplisson, our Future Identity Portfolio Lead, caught up
Financial institutions have been the leading investors in identity management for decades. The ability to verify that customers and employees are who they claim to be, is fundamental to security and trust. In recent years, disruptive innovation has transformed the nature of financial interaction. As services are rapidly digitised, financial providers need new tools to
The Future Identity festival will take to the stage at The Brewery, London, on November 15th & 16th. In preparation for the event we caught up with Aarti Samani, SVP Product & Marketing at festival sponsor, iProov. We chatted about why in today’s world every adult who wants to transact online will need to engage
The Future Identity festival will take to the stage at The Brewery, London, on November 15th & 16th. In preparation for the event we caught up with Matt Wilson, Senior Enterprise Account Executive at festival sponsor, Ekata. Matt explored some of the reasons why we are seeing an increase in synthetic identity and account takeover fraud.
For this episode of Future Identity Now, we were joined by Russ Cohn, General Manager of International at OCR Labs, to discuss online fraud, digital adoption and the future of embedded ID. We chatted about the increasing need for remote identity, exacerbated by COVID which impacted those businesses reliant on face-to-face customer verification. Russ emphasised
Ana Isabel Segovia, Digital Regulation Manager at BBVA, explores the latest developments in a European digital identity system. Last June the European Union announced the future creation of digital identity wallets as part of a change in its electronic identification regulations. The measure represents a major step forward in the harmonization of identity systems in
Louise Maynard-Atem, Research Lead at Women in Identity shares her view on the importance of inclusion, when establishing an identity system for a thriving digital economy. The need for improved digital identity systems and infrastructure has been a pressing requirement for many years, as more businesses have moved their operations online. The pandemic has accelerated
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