Tag "Digital Identity"
Stolen Identities Remains Top Security Threat in Financial Crime
Stolen identities of workers or other authorised users are sometimes enough to provide attackers with entry to internal systems and sensitive data, putting customer data at risk. Digital identities are usually guarded by usernames and passwords to aid users in
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Digital Identity is Key to Understanding (and Overcoming) Fraud Attacks
In 2022, digital fraud experienced a significant increase compared to 2021, with the global attack rate escalating by 20% year-on-year. This escalation continues to reflect the early indications observed in 2021 as more and more economies resumed normal operations following
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How World Bank’s US$ 250m Investment Will Fuel Indonesia’s Digital ID Revolution
The World Bank Group is issuing US$250 million to Indonesia as part of a wide-ranging move to strengthen the country’s digital identity, or ID, systems in what could see sweeping changes to how people can access (and make payments, among
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Digital Identity as the Foundation of the Digital Society
Around the world, digital identity has emerged into one of the most significant technology trends, promising to not only improve access to financial services, but also enable civic and social empowerment by unlocking critical services including government benefits and education.
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eKYC to Fuel Asia’s Digital Banking Revolution
In Southeast Asia, governments are pushing for greater adoption of digital financial services by introducing favorable regulations on digital onboarding, digital banking, and more, experts said on December 3, 2020. During a virtual panel discussion with Fintech News last week,
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The Evolution of eKYC and Digital Identity in The Age of Blockchain
Imagine an ecosystem where you control your data privacy, imagine ease of submitting your data via a click instead of multiple documents for verification, imagine the time and cost savings in commuting to regulatory bodies for proof of identification. In
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How Secure is our Digital Identity? A Blockchain View from Roberto Capodieci
The use of digital signatures is becoming more and more popular. We digitally sign company share transfers, public records, contracts, emails (PGP), and many other legally valid electronic documents. For those of you that use cryptocurrencies (paying with bitcoins an online purchase),
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