The newest session of the IIF’s DataTalk centered on digital identity. This observe supplies a abstract of the important thing themes that emerged, noting that the dialog was performed underneath the Chatham House Rule, and feedback are unattributed. For context, DataTalk is IIF’s neighborhood of follow, held in partnership with data companion the Oliver Wyman Forum, to deliver collectively data officers and specialists for interactive classes on key data matters in monetary companies.
Reliable and reliable digital identity companies are a vital enabler for integration into the digital economic system. The know-how holds nice promise in contributing to monetary inclusion, monetary crime prevention, and improved buyer onboarding experiences. It additionally presents monetary establishments with a singular alternative to leverage their current positions as trusted data custodians and their massive KYC investments. Moving ahead, it will likely be important to make digital identity “smart”, and stakeholders from each the official and personal sectors might want to prioritize creating requirements that allow interoperability throughout sectors and borders.
The DataTalk collection continues later this month after we will talk about decentralized finance.
For extra info on this discussion board, please contact Mina Loldj (email@example.com).