United Kingdom
Digital identity service OneID has been recognised as a certified electronic identity for Know Your Customer (KYC) and Anti-Money Laundering (AML) checks thorough independent audits.
OneID said it is the only digital identity provider both regulated by the Financial Conduct Authority (FCA) and certified under the Department of Science, Innovation and Technology’s (DSIT) ID framework. Customers can now employ OneID for onboarding onto products and services under AML regulation.
The company has also successfully concluded a project in the FCA’s regulatory sandbox. This project involved onboarding customers to a financial services provider, with the FCA expressing no concerns regarding AML compliance.
United States
Drivers in Arizona can add their driver’s licence in the Samsung Wallet app on a compatible Samsung smartphone. Samsung’s digital ID is currently supported at limited TSA checkpoints, with the company promising to add more states and locations shortly.
Global
The UN refugee agency is working on decentralised digital ID utilising blockchain to protect the identity of people crossing borders.
There are 114 million displaced people around the world, and the UNHCR’s challenge is to deliver the assistance they need and support their financial inclusion, based on accurate information. Aid is deposited in refugees’ digital wallets to give them some degree of control over how the funds are spent.
United States
Digital identity and credential management specialist Intercede has secured a contract worth $1 million from a new client within the US intelligence community, it announced on Wednesday.
The firm said the deal encompassed a perpetual licence order, along with associated support and maintenance services.
In addition to the perpetual licence, Intercede said the client had also committed to an annual subscription worth $0.2 million.
Lithuania
The Communications Regulatory Authority of Lithuania (RRT) is now the country’s official supervisory body for qualified electronic identification (eID) service providers, after its new role formally started on January 1 of this year.
Biometric Update reports the RRT takes responsibility for digital ID supervision following the May 2023 adoption of amendments to the Law on Electronic Identification and Reliability Assurance Services of Electronic Transactions, which led to the establishment of the supervision model.
Lithuanians can use ID cards with embedded computer chips for digital signatures and online authentication.
Gabon
Gabon has received a $68.5M million World Bank loan to facilitate access to legal ID, digital services.
The loan is for the implementation of a project called ‘Digital Gabon’ to facilitate access to legal identity and select digital government services.
The World Bank Board of Directors had approved the loan in 2021 for the project that involves five components and which is expected to run till June 2026. The agreement was sealed on December 28, 2023, in the capital Libreville.
