Category: open loop identity

Consumer Centric Identity

Is open banking data enough to verify citizens?

Discover the role of open banking in citizen verification and identity assurance. Learn how it provides a starting point for secure transactions and enhances data checks.

Identifying people in 2024 needs system thinking

Discover the complexities of the identity space and the concept of “identifying journeys” as a new approach to building more inclusive digital services in 2024.

How an Open Loop Identity Network Can Harden VRPs Against Fraud

When a new technology or process appears, you need something distinct, uncomplicated, and beneficial to prove the point. Open banking is an example of a disruptive force that looks set to shake up incumbent systems such as direct debits; Juniper Research expects open banking to handle more than $116 billion in global payment transactions by 2026. Variable Recurring Payments…
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The case for an open loop identity system

Lessons for identity from real-time payments and mobile wallets Ask anyone in the digital identity world, and invariably they will say that identifying someone to do a transaction is complicated. Anyone who thinks you can present a mobile wallet and bingo, you are verified to transact, is the equivalent of saying a swan glides but…
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