This webinar is delivered by our partner, UK Finance
Finding an acceptable and effective method to identify someone digitally could solve many of the economic crime threats that impact financial services in the UK. Previous attempts to create a widely adopted digital identification scheme for financial services have failed to gain traction, yet the solution could be closer than we think.
Synectics and UK Finance will review the many competing Digital ID frameworks that are being proposed and assess the best next steps for banks to ensure their technology and transformation plans are aligned with current industry thinking. The question of how likely the industry is to reach consensus on adopting a particular approach will be discussed.
The findings of a pilot with market disrupting fintech who used digital identity to transform its approach to onboarding and money mule management, will be shared. Key learnings from this pilot will be explored to help inform the industry debate.
KEY LEARNING OUTCOMES:
- State of play for digital identity in the UK and internationally
- Case study from FCA Regulatory Sandbox exercises
- Practical advice for implementing digital ID in a post-Covid world
- Considerations for fraud, especially synthetic identity
- The future of digital ID and the rise of deepfakes
Book your place on the webinar with UK Finance on their website.
