Download the report:
The Rise of Digital Identity Wallets
This is a report by Mobey Forum’s Digital Identity Expert Group, chaired by:
Jukka Yliuntinen, Giesecke+Devrient
Kevin Faragher, Interac
The objective of this report is to provide decision-makers and strategic leaders within financial institutions with the information required to answer the question: “What can banks do to ensure that they will not be left out of the Digital Trust Economy?”.
By considering viewpoints from banks, and through an analysis of the current landscape, trends, regulation, opportunities, and risks, this report will arm decision-makers and leadership within the banking industry with the knowledge and expertise required to take a leading position in the Digital Trust Economy. This report also features insights from a survey of prominent financial institutions around the world, conducted by the Expert Group in mid 2022, and reflects the current views of the financial institutions on the topic Digital Identity Wallets.
For decades, banks have acted as the trusted custodians of customers’ personal data. With strong Know Your Customer (KYC) procedures, strict regulation, high customer engagement, and best in class security and authentication, banks have a unique opportunity to expand their portfolio of services to become brokers of trust in the Digital Trust Economy.
For further information, please contact mobeyforum@mobeyforum.org.
