SANTA CLARA, Calif.–(BUSINESS WIRE)–The Accountable Digital Identity (ADI) Association, the business requirements group devoted to establishing interoperable, privacy-preserving accountability as a central pillar of digital identity, at present declares that Early Warning Services, LLC. has joined its Board of Directors. Early Warning is a fintech firm providing identity and cost options. Owned by seven of the nation’s largest banks, Early Warning is greatest often called the proprietor and operator of the Zelle Network®. Chuck Moore, Head of Vertical Market Solutions and Digital Identity Business at Early Warning, will serve on the Board.
“As a member of the ADI Association Board of Directors, we look forward to working closely with the Association and other industry leaders to influence the future of the open specification and protocols,” mentioned Moore. “No one company can do it alone, so by being part of a global community representing a diverse mix of companies, governments, and consumers, we look forward to moving digital identity to the next level.”
In addition to his work at Early Warning, Moore has a long time of worldwide govt expertise working with and for main monetary providers corporations reminiscent of CitiGroup, American Express, Barclays PLC, Washington Mutual/JPM Chase, U.S. Bank, and Experian.
“We are extremely pleased to have Early Warning join the ADI Association Board of Directors,” mentioned Ramesh Kesanupalli, Co-Founder, ADI Association and CEO, Digital Trust Networks. “With its broad reach and expertise in empowering financial institutions, we believe Early Warning’s contributions will be vital to realizing the Association’s vision of accountable digital identity.”
“The world membership of the ADI Association defines and develops the ADI Specification, with the aim of fixing at present’s identity issues,” mentioned Abbie Barbir, Co-Founder, ADI Association and Senior Security Advisor, CVS Health. “Early Warning is a natural fit for the Board of Directors.”
In Summer 2021, the ADI Association introduced public availability of the Specification for Accountable Digital Identity. Central to the Specification are the ideas of privacy-preserving accountability and interoperability. Privacy-preserving accountability permits corporations to identify fraud by combining verified identity and particular person consent to validate info with out compromising consumer privacy. Interoperability permits corporations to take part within the ADI ecosystem and undertake decentralized identity with out disrupting their current identity infrastructure.
The ADI Specification embraces business requirements from a number of requirements our bodies, together with the Decentralized Identity Foundation (DIF), the FIDO Alliance, and the World Wide Web Consortium (W3C). The ADI Association is now creating the subsequent model of its Specification.
About the ADI Association
The Accountable Digital Identity (ADI) Association is a nonprofit group devoted to advancing an open framework for digital identity centered on accountability, privacy, and interoperability. The Association is a world coalition of personal and public organizations, whose Board contains CVS Health, Digital Asset Holdings, Digital Trust Networks, Early Warning Services, Hitachi, IDEMIA, Jumio, and RaonSecure. Learn extra and change into a member at https://adiassociation.org.
About Early Warning Services, LLC
Early Warning Services, LLC is a fintech firm owned by seven of the nation’s largest banks. For nearly three a long time, our identity, authentication, and cost options have been empowering monetary establishments to make assured selections, allow funds, and mitigate fraud. Today, Early Warning is greatest often called the proprietor and operator of the Zelle Network®, a monetary providers community centered on remodeling cost experiences. The mixture of Early Warning’s danger and cost options permits the monetary providers business to maneuver cash quick, secure, and simple, so that individuals can dwell their greatest monetary lives. To be taught extra about Early Warning, go to www.earlywarning.com