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Latest Results from /identity

/identity

Bank-backed consortium wins funding to test payments for EU digital identity wallet

A multi-country consortium consisting of banks and technology companies has been chosen to deliver a cross-border payments pilot for the European Commission’s EU digital identity wallet programmer.

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NextGen Nordics 2023 agenda announced

NextGen Nordics will return on 25th April 2023 to Stockholm, Sweden and the timing of this event could not be better placed.

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Isle of Man launches Fintech Innovation Challenge

Digital Isle of Man (an executive branch of the Isle’s government) has announced the launch of the Fintech Innovation Challenge, an opportunity to engage with international stakeholders and industries in their digital ecosystem.

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EBA publishes fraud taxonomy

The Euro Banking Association (EBA) has made its payment fraud taxonomy available to the public in a bid to curb the rising threats to the European payments system.

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ABN Amro introduces e-ID with payment functionality

ABN Amro is bundling digital ID with payment functionality to speed up the onboarding process for consumer-to-business transactions.

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Banks and technology partners join EU-wide pilot of digital IDs

A new multi-country consortium of European identity experts has firmed up a proposal to deliver a large-scale, cross-border payments pilot.

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UK orders crypto exchanges to report sanctions breaches

Crypto exchanges operating in the UK will face more reporting requirements over sanctions breaches under new rules introduced in the wake of Russia's war in Ukraine.

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Banks join Finnish initiative to build digital identity network

The Finnish Ministry of Finance has granted the Findynet Cooperative, which includes Nordea Bank and OP Financial Group among its members, a €3 million government grant to build a pilot environment for a self-sovereign identity network.

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NAB backs national roll out of digital identity system

National Australia Bank has committed to act a trusted identity provider in ConnectID, a new service which will enable Australians to more easily validate their identity across e-commerce, utilities, banking and other services.

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UK proposes new AI rulebook

The UK government has published its plans to regulate the use of artificial intelligence (AI) which would see it depart from the EU's strategy to establish a centralised body to oversee the use of technology.

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India offers UPI to the world

India is making a host of its e-governance tools - including the Unified Payments Interface (UPI) and Aadhaar identity service - available to other countries via open APIs.

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G+D to buy Valid's US payments and ID business

Germany's Giesecke+Devrient (G+D) has agreed to buy the US payments and identity assets of Brazilian outfit Valid. Terms of the deal were not disclosed.