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13min chapter
895. News: Industry coalition pushes digital IDs, Phase 2 of Saudi open banking, new Singapore anti-fraud powers
Fintech Insider Podcast by 11:FS
Navigating Digital Identity Challenges
This chapter explores the hurdles and motivations behind open banking and the adoption of digital identities, particularly among major banks known as the CM9. It highlights a coalition's efforts with the UK government to create a unified digital identity system aimed at combating fraud and facilitating economic growth. The discussion underscores the importance of collaboration, regulatory frameworks, and efficiency in identity verification for both businesses and consumers.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode