Community
"Building on the EU e-IDAS framework, the European business wallet will be the cornerstone of doing business simply and digitally in the EU, providing a seamless environment for companies to interact with all public administrations." Public sectors all over EU should now copy last years pensioner credential case by Finnish Social security and Helsinki Municipal Traffic (lead by public-private not-for-profit Findy cooperative) and deploy - in a matter of days - ready organisation wallets to start the heavy lifting in changing issuing data w o r k processes. The IT-integration of wallets to back-end systems was described by both as "routine matter".
https://www.linkedin.com/posts/bo-harald-4768b51_activity-7291056857815646209-chrU?utm_source=share&utm_medium=member_desktop
Of course banks are the ones that have so many credentials to send and can benefit from receiving so many. Has anybody seen anything bigger when it comes to raising customer service levels, improve risk control in so many fields, protect privacy better, fight against money laundering, cut costs really substantially etc?
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Ritesh Jain Founder at Infynit / Former COO HSBC
29 January
Carlo R.W. De Meijer Owner and Economist at MIFSA
27 January
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