Editorial

Details emerge of Digital Identity Trust Framework

Etive Technology reveals how new framework will tackle complexity and conflict in identity verification for home buyers

Posted 17 November 2020 by

Etive Technology has released details of a new UK-wide government-developed Digital Identity Trust Framework (DITF).

The framework seeks to tackle the challenge of multiple identity verifications in a property transaction. These touchpoints usually have each party in the process regulated by a different entity with their own identity, Know Your Customer and AML requirements.

The goal is that a consumer will only have to have their identity verified once and will have the ability to share this with all other relying parties through the process.

“Currently a seller’s and buyer’s identity is verified up to five times by the different relying parties. Conveyancers, estate agents, mortgage intermediaries and financial services are regulated by different entities with different levels of oversight and compliance creating their own conflicting guidelines on identity verification,” said the Edinburgh-based firm.

Etive describes itself as a digital data management solutions company, simplifying digital identity management for local authorities, housing associations and third sector and land and property information.

Centrally agreed framework

Developed with support and input from DCMS, HMLR & HMRC, the government expects each sector to develop its own scheme within the framework to meet its specific requirements.

The solution, supported by all the legal and estate agency regulators and representative bodies, will create a centrally agreed framework, aligned to DCMS policy objectives, against which all processes and providers would be accredited to provide greater surety of data quality and reliance. The current process by which organisations may rely upon other’s checks, but are liable should the checks be inaccurate.

The proposed framework for conveyancing would rely on a government backed identity standard, GPG45: Identity proofing and verification of an individual (GPG45), and accreditation against that standard for Identity Providers. This would allow all organisations in the conveyancing transaction to trust in the verified identity.