Did you know? OIX enables members to expand existing identity services and serve adjacent markets. Members advance their market position through joint research and engaging in pilot projects to test real world use cases. Learn more ...

fintech

/Tag:fintech

Digital Identity in the UK: The cost of doing nothing

I often find it hard to believe that in an age of ubiquitous smart phones, each with voice recognition software and either facial recognition or finger print scanner included, that I so often have to prove who I am in person by taking along passports, utility bills and driving licenses with me to be checked. Not [...]

Cost of Doing Nothing

Paper Abstract: Paper Details: This white paper explores the potential costs associated with a continued failure to develop better digital identity solutions in the UK. It sets out the potential costs of inaction, identifies the drivers shaping future identity needs, and draws on international experience to begin to explore potential solutions if the [...]

How Digital Identities Which Meet Government Standards Could be Used as Part of UK Bank’s Customer On-Boarding and KYC Requirements

Paper Abstract: Paper Details: In a digital age, and as more of our banking is carried out online, via apps and mobile phones, customers expect to be able to open new products and services with financial institutions through digital channels. But increasing internet identity fraud and a rapidly changing regulatory environment make it difficult [...]