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FTT Identity Virtual Event
March 17 @ 7:00 am – 1:00 pm EDT
11:00 am – 5:00 pm GMT | 7:00 am – 1:00 pm EST
FTT Identity will explore the latest initiatives, technologies and concepts driving the financial industry’s approach to Digital Identity. How can banks, governments and technology providers come together to create a framework for the future?
Today’s Identity systems are slowing innovation in FinTech.
In an increasingly digital, experience-driven banking landscape, one of the biggest challenges facing financial institutions remains how to be certain of a customer’s identity.
As face-to-face identification declines, transactions grow in volume and complexity, and customers expect even more seamless, real-time services. Meanwhile, regulatory requirements become increasingly demanding and the risk of data breach or identity fraud continues to rise.
Many valuable solutions have emerged across the digital identity landscape, but ultimately our digital economy continues to rely on physical proof of identity, slowing innovation in FinTech. Without an ecosystem to link distinct, identity management systems together, consumers have to keep track of multiple credentials to identify themselves with different service providers.
Identity remains the missing piece of the FinTech puzzle.