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e-banking customers in Finland used their e-banking passwords 56,2 million times to log in to public sector and other non-banking services last year. Up from 47,1m.
Finland is a small country - so it may be useful to multiply into a corresponding EU-potential = 4 billion times.
Does this save tax payers' money? Does it save citizens nerves? Oh yeah.. Is it secure? Naturally - it has to be - otherwise banking would not function. Other countries are followin suite - but it could happen faster.
Why not? Do banks not see this as their responsibility (and modest business case). Do politicians not take their responsibility - making it easy and cost-efficient?
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Seth Perlman Global Head of Product at i2c Inc.
18 November
Dmytro Spilka Director and Founder at Solvid, Coinprompter
15 November
Kyrylo Reitor Chief Marketing Officer at International Fintech Business
Francesco Fulcoli Chief Compliance and Risk Officer at Flagstone
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