Financial contribution of $845,000
MONTREAL, April 7, 2022 /CNW Telbec/ – Desjardins is proud to help Canada’s Digital Identity Laboratory (IDLab), an impartial non-profit devoted to accelerating the adoption and growth of compliant and interoperable digital identity options. The $845,000 monetary contribution will go towards establishing the laboratory, specifically by recruiting specialists in cybersecurity and the safety of non-public info.
Digital identities present Quebecers with a safe, confidential technique of identification and authentication. They embody digital credentials, identification programs and governance fashions. Digital identity options are a crucial part of a robust, trendy and resilient economic system. They assist folks higher defend their privacy and provides them again management over their data.
“Electronic transfers, online shopping, social networks and technology are used in every aspect of Canadian life. Given the increasing speed of the transition to digital technologies, Desjardins Group must work with the best in the industry to develop a real digital identity. We need to offer people-centric solutions that give users full control over the data they share. Desjardins Group’s contribution to the Digital Identity Laboratory shows how much we believe in, support and encourage the adoption of best practices in security and privacy protection,” says Guy Cormier, President and CEO of Desjardins Group.
Before IDLab was based in February 2020, there was no group devoted to selling and making certain the compliance and technical interoperability of digital identity options. The lab has been working to arrange its cloud infrastructure for the previous 2 years. It now presents digital options in 4 provinces (Quebec, Ontario, British Columbia, Saskatchewan) and on the federal stage. A big a part of what the lab does is take a look at digital platforms to make sure they’re compliant.
“We’d like to thank Desjardins for recognizing and supporting the lab’s mission. The funds provided will be used to make the investments needed to ensure the Lab’s financial independence, creating a lasting foundation for the organization’s expertise and long-term sustainability. Digital identities are increasingly recognized as a way to give people back control over their information, while also offering a more streamlined and secure experience, whether online or in person,” says Pierre Roberge, General Manager of the Digital Identity Laboratory.
The Digital Identity Laboratory, which has its head workplace in Gatineau, is the one considered one of its type in Canada. It helps private- and public-sector initiatives throughout Canada geared toward establishing interoperable, user-centric digital identity options.
IDLab helps Canadian organizations and people arrange digital ID-related sandboxes to analysis, assess, audit, take a look at and certify digital identity parts.
About Canada’s Digital Identity Laboratory
The IDLab is a Canadian impartial non-profit entity devoted to advancing digital belief by breaking down limitations to digital ID adoption. The IDLab promotes conformity and interoperability of user-centric digital identity options. The IDLab shouldn’t be an incubator and doesn’t develop or promote digital identity options. For extra info, go to idlab.org.
About the GoodSpark Fund
In 2016, Desjardins created a fund and dedicated to investing $250 million by 2024 in initiatives created by and for the neighborhood. The GoodSpark Fund seeks to help socioeconomic restoration in Quebec and Ontario by investing in initiatives that help the surroundings, youth, well being, entrepreneurship and recreation and tourism growth.
About Desjardins Group
Desjardins Group is the main cooperative monetary group in North America and the fifth largest cooperative monetary group on the earth, with property of $391 billion. It was named one of many Canada’s Top 100 Employers by Mediacorp. To meet the various wants of its members and purchasers, Desjardins presents a full vary of services and products to people and companies via its intensive distribution community, on-line platforms and subsidiaries throughout Canada. Ranked among the many world’s strongest banks in accordance with The Banker journal, Desjardins has one of many highest capital ratios and credit score scores within the trade.
SOURCE Desjardins Group
For additional info: (media inquiries solely): Public Relations, Desjardins, 514‑281‑7000, ext. 5553436, [email protected]