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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 enti...
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 terroris...
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 mann...
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 wa...
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 fi...
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 sect...
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 frigh...
I have been acting as an independent advisor for the Findyconsortium in Finland (now the public-private Findynet co-operative) since it started in 2018. It aims at implementing a trust infrastructure ...
Phishing is the oldest weapon in a fraudster’s war chest and still serves as the most common form of cyber-attack around. Phishing attacks reached a record high in 2022, according to the Anti-Phishin...
The market opportunity for developing seamless, secure, and scalable services across the UK Open Banking landscape continues to grow. More than 6.5 million users access services through open banking a...
Romance scams are an especially cruel way to dupe a victim. Gaining their trust and fooling them into thinking they’re romantically involved, before exploiting that trust and using their personal info...
APIs provide rapid and scalable applications for banking, payments, and other businesses that require identity verification for AML and KYC compliance. In most countries, some firms are obliged by law...