Tag: Identity
Vietnam’s digital identity transformation taking shape
Digital transformation is progressing in Vietnam as the country’s government pursues “Project 06” to modernize its economy and public services. The new national identity system is a cornerstone of the digital transformation plan, which includes civil registration, digital ID and authentication. With the transition from outdated paper-based identification systems to sophisticated, biometric-based digital IDs, millions …
Digital Identity as a vehicle for financial inclusion
By Lance Fanaroff iiDENTIFii co-founder Across the world, governments and companies are looking for vehicles for financial inclusion. From banking the unbanked to assisting the vulnerable in accessing digital banking, there is an urgent priority to use the technology and tools at our disposal to provide equitable access to finance and essential services in an …
Opt for layered identity verification for safer, efficient digital operations
A version of this article first appeared in BAI’s May Executive Report: Unlock what’s next for digital. You’ll find insightful coverage in the issue on seamless consumer touchpoints, AI-powered loans, evolving a ‘digital-first’ strategy and more. A robust verification strategy can help financial services providers establish and maintain customer trust while confirming consumer identity. Accomplishing …
EU to fund digital programs with €108m, including digital identity
The European Union has issued a new call for funding within the Digital Europe Programme (DIGITAL), allocating over 108 million euros to projects designed to increase the continent’s tech capacities – including digital identity. Among the targets that will receive funding are Digital Decade Multi-Country Projects which cover the digitalization of public services. This includes …
Australian govt removes data localization rules for digital identity scheme
The federal government has acquiesced to sustained lobbying from the technology and banking sectors, leading to the removal of regulations that would have mandated data from the nation’s digital identity scheme be stored exclusively within Australia. The Australian Government Digital Identity System (AGDIS), set to be expanded following the enactment of landmark legislation earlier this …
NatWest pioneers bank-verified digital identity with OneID integration in Adobe. Acrobat Sign
NatWest has taken a significant step in the digital banking sector by becoming the first UK bank to implement a bank-verified digital identity system. This innovative move involves integrating OneID’s technology within Adobe Acrobat Sign to streamline and secure customer identity verification processes. OneID, a prominent technology provider, specialises in secure digital identity verification solutions. …
NatWest Leads in Bank-Verified Digital Identity by Integrating OneID® in Adobe® Acrobat Sign®
NatWest has become the first UK bank to use bank-verified digital identity to enable people from different countries to prove their identity in the fastest and easiest way. The integration reinforces NatWest’s commitment to leveraging innovative technologies to deliver seamless, simplified, and secure customer experiences. Setting a precedent for other UK banks, NatWest Bank will …