Report: Biometrics in Digital Identity
The immediately obvious differential for any consumer using digital identity, and biometric data instead of existing, knowledge-based, manually-input, user name/password and additional multi-factor authentication safeguards (e.g. SMS) to either onboard to an online service as a new customer or login to an online service as a returning customer, is that the user experience is fast, convenient and secure, requiring little or no manual interaction.
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Financial Services
techUK's Financial Services and Payments Programme builds a greater understanding of the 'technological art of the possible' in order to apply it to the reform and evolution of the financial systems. The programme focuses on: digital banking, insurance, payments, cyber security, financial inclusion and the adoption of distributed ledger technology. The programme also represents the voice of the tech industry in the fast-evolving policy and regulatory developments affecting the sector.
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