Identity

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CFIT combatting economic crime with digital ID innovation

04 Dec 24 @ 09:50

The Centre for Finance, Innovation and Technology (CFIT) is spearheading a transformative initiative to combat economic crime and enhance financial security across the United Kingdom. With support from over 70... read more

Onboarding: A real opportunity for all organisations

28 Nov 24 @ 20:08

Onboarding is a largely understated element in the noise around digitalisation. Financial providers themselves don’t tend to bemoan so-called abandonment rates in the same way as one hears about cart... read more

eIDAS: An empty wallet is a useless wallet

22 Nov 24 @ 13:37

The European Union (EU) is making strides toward seamless digital integration with the introduction of the European Digital Identity Regulation, or eIDAS 2.0. Enacted in May 2024, this ambitious framework... read more

Welcome to the new world of the physical data theft

11 Nov 24 @ 17:13

Amid ongoing and seemingly increasing incidences of fraud, it has been alarming to learn of a new wave of data theft of late. And it isn’t digital. I should be... read more

3 million UK consumers may be synthetic identity fraud creations

28 Oct 24 @ 18:23

A new report delves into the escalating problem of synthetic identity fraud, often termed the “Frankenstein” fraud due to its complex construction of identities from real and fabricated data. This... read more

The state of payments authentication, regulation and compliance around the world

28 Oct 24 @ 17:47

The Global Payments Report 2025 by Ravelin offers a comprehensive overview of the evolving regulatory landscape in payments, highlighting significant developments in authentication, compliance, and fraud prevention worldwide. The report... read more

Super Apps – do they have an identity crisis?

22 Oct 24 @ 18:14

Open Banking, Open Finance and embedded finance and how the digital wallet and Super App are at the beating heart of the evolution of payments and banking services. When so... read more

AI-driven ID Fraud: The battle against financial crime

08 Oct 24 @ 16:48

As artificial intelligence (AI) continues to impact industries, the financial services sector faces a growing threat from AI-driven ID fraud. A recent report, “The Battle Against AI-Driven Identity Fraud“, highlights... read more

Improved identity and authentication management leads to higher revenue

13 Sep 24 @ 09:43

Data from The Barmard Institute reveals[1] an average of 70.19% of consumers dropped out of transactions last year. 25% of those dropping out citing information security concerns as a reason... read more

Identity orchestration: beyond mitigating risk to multiple benefits

12 Sep 24 @ 15:52

As fraud risk rockets and regulations tighten, customer identity and authentication management (CIAM) is top-of-mind for banks, financial services firms and insurers (BFSIs). Netcetera’s Martin Zeisel says comprehensive, properly-orchestrated CIAM... read more

Finance and technology heavyweights join coalition to fight economic crime

02 Sep 24 @ 09:04

Some of the world’s leading finance and tech firms have come together to form a new industry coalition in the UK to fight economic crime through digital verification, the Centre... read more

New Data Wallet launched by Tim Berners-Lee

31 Jul 24 @ 16:25

Inrupt, a company led by Sir Tim Berners-Lee, best known for inventing the World Wide WEB, HAS announced the launch of its Data Wallet. Enterprises and governments use the technology... read more

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Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more

Legacy infrastructure leaves Banks unprepared for real-time

06 Jul 26 @ 20:34

European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more

Visa expands AI and Cybersecurity strategy in Europe

07 Jul 26 @ 19:13

Visa has unveiled a new cybersecurity platform designed to help financial institutions identify threats before they develop into fraud, while simultaneously rev... more