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Digital identity to boost security and efficiency in finance across the globe
June 28, 2024, 8:19 p.m. | Abigail Opiah
Biometric Update www.biometricupdate.com
In an era where digital transformation is reshaping industries, digital identity is emerging as a cornerstone for the financial sector, promising enhanced security, efficiency, and inclusivity. From Africa to Japan and the UK, innovations in digital identity are driving significant changes in open finance and banking.
Open finance integration in Africa
In Africa, the integration of digital identity systems is seen as pivotal in deepening the reach and impact of open finance. According to recent reports, leveraging digital identity can …
africa banking biometrics news civil cornerstone decentralized id digital digital-identity digital transformation driving efficiency emerging enhanced security era finance financial financial sector financial services identity inclusivity industries innovations japan national id open banking sector security transformation uk
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