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234 Results from /identity

Nick Smart

Nick Smart Blockchain Intelligence Associate Director at Crystal Blockchain

Dark Web Markets: What's Next for Crypto Crime in 2023?

Though the general principles of financial crime remain largely the same, criminals and other bad actors continue to seek new ways raise, store, move, and spend digital assets. Having an idea of what may come next in the crypto industry is something of a holy grail – yet one that never fails to stop participants from making predictions about what ...

/identity /crime Blockchain in Banking and Financial Services

Retired Member

Retired Member 

In-store, online & in-app – unifying payment authentication

Often, new technologies are lauded as the death of existing ones. This has been undoubtedly true in some areas. Think audio cassettes and CDs, Betamax and VHS, fax machines and email… and a host of other examples. Sometimes the market and product vendors can influence this decision but, mostly, consumers decide which technologies win based on the ...

/payments /identity Biometrics

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

ChatGTP quite good at shortening my earlier post

Governments and enterprises will adopt a global trust infrastructure, resulting in citizens and organizations receiving general-purpose identity wallets that can obtain, deliver, and pass on verified data for a wide range of life events based on MyData.org principles. The architecture is outlined in trustoverip.org, and the trust layer in the ar

/retail /identity Innovation in Financial Services

Nick Mothershaw

Nick Mothershaw Chief Identity Strategist at Open Identity Exchange (OIX)

2023 – the year of the digital ID wallet

Across the globe, we are seeing country after country making digital ID a primary option for consumers (and businesses) to access both public and private sector services. In some countries, it is entirely led by the government, while in others it has been taken on by the private sector. The ecosystem to allow this is now established in most places...

/identity Digital Identity Management

Stan Cowan

Stan Cowan 

2024 Beneficial Ownership Rules Explained: How FIs Can Stay Compliant and Avoid Penalties

Having a strong KYC and KYB program is vital for FIs to fight fraud and risk. And now, this is becoming less of an option. In an effort to combat financial crimes such as money laundering and terrorist financing, new beneficial ownership rules have been implemented for deposit accounts at financial institutions (FIs). These rules require FIs to id...

/regulation /identity RegTech

Pavel Melnichenko

Pavel Melnichenko CTO at AIROME Technologies

FIDO2 for financial sector: Pros AND Cons

How simple is it in reality? FIDO2 is a remarkable project that has been driven by IT industry giants all over the world for several years now. Describing what exactly the project is in a concise manner is rather difficult since the FIDO Alliance (the organisation that is developing and promoting the project) is seeking to encompass lots of possib...

/regulation /identity Banking Strategy, Digital and Transformation

Barley Laing

Barley Laing UK Managing Director at Melissa

How banks can obtain a valuable single customer view (SCV)

Many financial institutions are experiencing share price fluctuations and some uncertainty as events play out from the collapse of the Silicon Valley Bank and Signature Bank. While navigating their way through the current macroeconomic climate it’s very important, if they are not already doing so, to focus on delivering a competitive advantage to h...

/regulation /identity Banking Strategy, Digital and Transformation

Martin Wilson

Martin Wilson Chief Executive Officer at OneID

Streamlining Payments with digital ID: How banks, businesses and consumers can win

Banks and corporates face the same key problem online as consumers – reliably overcoming anonymity. Solving this problem causes friction, frustrating consumers and denying revenue to businesses and financial institutions. Here’s how digital ID can help prevent this. The existing ID verification processes used by many banks and e-commerce providers...

/payments /identity

Martin Wilson

Martin Wilson Chief Executive Officer at OneID

Are UK banks already sitting on the solution to the biggest challenges in digital payments?

Digital payment services are revolutionising e-commerce in the UK – but there are obstacles to overcome before they deliver their full potential. Here we run through the key challenges facing the sector, and the role digital identity providers can help overcome them. In a few short years, digital payments have gone from a novel innovation to becom...

/payments /identity

Retired Member

Retired Member 

Why a big bang approach to digital transformation is the scenic route to failure

Time and again digital transformation initiatives fail. Research by McKinsey shows that 70 percent of complex, large-scale change programs don’t reach their stated goals. Some companies are now frightened to go down the route of digital transformation after their expensive ‘big bang approach’ didn’t work, despite a long and laborious process. But...

/payments /identity Fintech

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