277 Results from /identity
Adam Preis Global Strategist at Ping Identity
The evolving digital threat landscape has heightened the need for robust operational resilience in financial services. As the EU’s Digital Operational Resilience Act (DORA) takes effect on January 17, 2025, financial service providers must align their ICT systems with its stringent standards. This regulation is not just about compliance; it’s abou...
15 January 2025 /regulation /identity Digital Identity Management
Alex Kreger Founder & CEO at UXDA
In the modern digital banking landscape, the bar for user experience (UX) and visual appeal continues to rise. Yet, when we take a critical look at many products in the space, it often seems like financial service designers shipping glorified high-fidelity (hi-fi) wireframes instead of truly refined digital experiences. Banks invest plenty of res...
14 January 2025 /retail /identity Innovation in Financial Services
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
In Ray Kurzweil's The Singularity is nearer, many have read (all should) about the accelerating returns becoming steeply exponential when each advance in computing makes it cheaper and easier to design the next stage of there own evolution. Many have also read Yuval Noah Harari's Nexus and may have become - I have noticed - quite worried about a de...
13 January 2025 /ai /identity Innovation in Financial Services
Thanks to Findynet.fi/en I got this very topical valuable verifiable credential https://www.linkedin.com/posts/bo-harald-4768b51_activity-7275404526520594432-jpI4?utm_source=share&utm_medium=member_desktop Merry Christmas and a Happy Credential-filled New Year Bo
19 December 2024 /retail /identity Innovation in Financial Services
EU is being accused of regulating too much - even if California copied GDPR. Then Harari is describing the AI-driven future's many dangers in NEXUS to millions of readers. The pressure to do something - starting from a proper x-Atlantic analysis - is growing. To me the ongoing rollout of the EUDI Trust Infrastructure with wide identity (all needed ...
18 December 2024 /retail /identity Innovation in Financial Services
How much stress and cost is not generated when we have to dig through piles of paperwork and mail endless PDFs to prove who you are, what qualifications you have and what powers you have to act - on behalf of your employer, your football club, your children, your parents etc.. Digital credentials from (issuers) and to (holders and then to verif
14 December 2024 /retail /identity Innovation in Financial Services
The digital transformation in banking—once hailed as the panacea for accessibility, efficiency, and growth—has inadvertently plunged many into a sea of sameness. The widespread adoption of templated designs and standardized user interfaces has led to a relentless pursuit of functionality over individuality. This shift has cost financial institutio...
11 December 2024 /retail /identity Innovation in Financial Services
Barley Laing UK Managing Director at Melissa
Driven by evolving AI technologies deepfake software, automated phishing systems, chatbots and advanced data analytics, are enabling fraudsters to create highly personalised and convincing fraudulent schemes, quickly and easily. This is at a time when fraud and scams are at record levels according to the UK’s Financial Ombudsman Service. They have ...
10 December 2024 /ai /identity Artificial Intelligence and Financial Services
Only half-way through Harari's Nexus - so I should perhaps suspend comments. But judging from the book's index he has unfortunately not included any references to the work in Trust over IP, Self-sovereign Identity and MyData based EU legislation (making GDPR useful) and Linux founded Open Wallet Foundation. I did try to call his attention to th
04 December 2024 /ai /identity Innovation in Financial Services
First of all I expect the bank to be a Trust Infrastructure leader and realise its responsibility for Society at Large. To take the practical steps needed so that the immense improvements in productivity, service levels, security, risk management, privacy and for EUs part the Single markets are delivered without hesitation and delays. The EU legis...
30 November 2024 /retail /identity Innovation in Financial Services
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