Nick Mothershaw Chief Identity Strategist at Open Identity Exchange (OIX)
Our research last year revealed that at least six million people in the UK are ‘ID Challenged’. This means that they struggle to prove who they are in order to access the products and services they are entitled to – in both the private and public sectors. Digital ID is rapidly being rolled out by all sectors as the primary way to access those serv...
27 July 2023 /inclusion /identity Digital Identity Management
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...
04 April 2023 /identity Digital Identity Management
For banking and financial services across the globe that embrace digital ID, the benefits will be vast. The digital ID ecosystem to enable this now exists and is rapidly expanding. Offerings are emerging around the globe that allow financial services firms to access digital IDs from a range of suppliers – spearheaded in the UK, for example, by tra...
17 January 2023 /inclusion /identity Digital Identity Management
As the world continues to become more digital, enabling trusted digital transactions between various kinds of organisations – from banking and financial services to travel and gambling - and those they serve, becomes more complex. The persistent growth of identity fraud and the creative ways in which fraudsters are acquiring personal information o...
03 May 2022 /identity
There’s no doubt that a full digital ID reality is imminent. But tens of thousands of organisations across the globe have done little to prepare for it. They still have unanswered questions. Despite the myriad of events taking place across the globe exploring, addressing and solving digital ID problems, they’re not answering the key questions for ...
13 September 2021 /identity Digital Identity Management
Fraud is a continuing problem globally. In fact, research from Experian highlights the annual cost of fraud as £190 billion, equal to nearly £7,200 per household. Although technology to protect customers continues to advance, fraudster will often find new, innovative ways of tricking people out of their personal details and money. A scam that has...
04 December 2018 /security /payments
We can see in our research that most businesses are investing heavily in data and analytics to better understand their customers. This is great. The objective is to increase new customers and improve acquisition and onboarding rates. But, the same level of investment isn’t being put into data and analytics to fight fraud, or identify people. The r...
27 February 2018 /security /payments Personal Finance
There is some perception that the majority of the fraud we see is carried out by opportunistic individuals or small gangs, who operate on a small scale. The reality for fraud experts is that fraud is organised, complex and widespread. In fact, fraud driven by identity theft has an ecosystem and indeed a supply chain, which essentially falls into s...
02 August 2016 /security
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