Lleida.net has become the first private entity to become UAE Pass Service Provider, the National Digital ID system promoted by the UAE government.
Through an agreement signed between Lleida.net and the Smart Dubai City Office, the Spanish multinational company has become the first private provider whose eSignature, eContracting and Registered eNotification digital services are fully integrated with UAE Pass, the Emirates’ national digital identity programme.
Companies that need to sign electronic contracts will be able to do so using Lleida.net’s technology, which Emirates Post, the country’s National Postal Operator, distributes exclusively in the UAE.
The agreement opens the door to the mass adoption of UAE Pass for Digital Signature, Digital Contracting and Registered Notifications in the country.
The Smart Dubai City Office recently added a remote facial biometrics mechanism for Identity Verification, allowing this digital ID to be obtained remotely from any Internet connected user device.
ICT services integrator Getronics has announced the launch of its European Blockchain platform AQQUM, a Blockchain-as-a-Service solution. AQQUM’s objective is to provide clients with a framework for the deployment, execution, and management of fully secured Blockchain business applications to facilitate the complete automation of their business processes.
“Digital transformation is disrupting the way companies do business across all sectors – from Healthcare to Transportation, from Public Administration to Manufacturing and Financial Institutions. Building trust and transparency while investing in digitisation is a priority”, says Oriol Ruiz, VP Applications & Consulting at Getronics.
“Businesses are rethinking their operations, and blockchain technology can be crucial to delivering automation while enabling trust.”
More than eight out of 10 financial services professionals believe Digital ID would improve the effectiveness of financial crime prevention.
That’s according to a new survey by Duff & Phelps, A Kroll Business.
The survey reveals that financial crime is currently the primary driver behind the adoption of digital ID services, with 34 percent of respondents citing more effective Know Your Customer (KYC) processes as the greatest potential benefit to their company. Other advantages cited were lower operational costs (20 percent), efficient ID verification (20 percent) and more robust verification processes (14 percent).
Last year a benchmarking survey conducted by the Association of Certified Fraud Examiners revealed 73 percent of respondents had seen an increase in identity fraud across 2020, and 80 percent expected a further increase in the next 12 months. A similar report released by Cifas, the national fraud database, in summer 2020, showed identity fraud was up by nearly a third over five years.
The survey was conducted at a conference hosted by Duff & Phelps where The Investing and Saving Alliance (TISA) unveiled their new digital ID scheme.
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Digital identity vendor ForgeRock has announced that its Identity Cloud platform is available for purchase on the Google Cloud Marketplace. This, said the firm, will mean customers will benefit from “deeper product integration, unified billing and an expanded relationship to better serve their needs globally.”
According to a recent study by Forrester Consulting on behalf of ForgeRock and Google Cloud, more than 50 percent of enterprises plan to adopt or expand their use of hybrid cloud and multi-cloud within the next two years. ForgeRock said its addition to the Google Cloud Marketplace gives Google Cloud customers the ability to leverage a single platform across their hybrid IT environment for all of their identity needs, extending cloud security and protecting cloud and on premises applications.
Digital identity platform Yoti is in talks with major UK supermarkets to pilot its biometric age estimation technology for the sale of alcohol.
Computer Weekly reports the trials form part of a government initiative – led by the Home Office and the Office for Product Safety and Standards – to expand the use of digital identities in the UK economy, and will allow the organisations involved to develop a “regulatory sandbox” for the sale of alcohol using age verification technologies.
Yoti is reportedly in talks with the UK’s 10 largest supermarkets, as well as a number of e-commerce and convenience stores, about providing its biometric age estimation software in self-checkouts. All participants in the trial will need to work alongside local licensing authorities and police to ensure the deployments are legal and safe.
The Monetary Authority of Singapore (MAS) has published a report on the digital infrastructure needed to develop a digital economy and support the execution of cross-border transactions around the world, prominently including robust digital ID.
Dubbed the Foundational Digital Infrastructures For Inclusive Digital Economies, the document pinpoints four types of initiatives, or pillars, through which a more effective digital economy can be achieved.
The first of them is digital identity, intended as a way to ensure “authentication and validation of an individual’s identity while protecting privacy and security of information.”
The report also mentions “Authorization and Consent,” “Payment Interoperability,” and “Data Exchange” as the other three pillars.
The document was the result of joint research between MAS, Mastercard, and the central banks of Brunei Darussalam, Cambodia, Ghana, and Kenya.
The institutions will now build on the report’s results to build a consortium of countries willing to further explore digital ID and infrastructure for cross-border use
The National Economic and Development Authority (NEDA) in the Philippines said it will open registration for the country’s new national digital ID system, starting April 30.
In addition to providing this information remotely, applicants will also have to visit one of the country’s registration centres to enrol their biometric data and open a bank account.
The new national digital ID system is designed to help the distribution of financial support during the pandemic, as well as fast-track the COVID-19 vaccination program. The system collects a variety of information from individuals, including Philippine Identification System (PhilSys) Act number, name, face, fingerprint and iris biometrics, sex, date of birth, blood type, and address.