The Future of Identity

Adrian Field - OneID’s Approach to Driving BankID Adoption in the UK

Apr 25, 2024

Adrian Field from OneID discusses driving BankID adoption in the UK. Topics include revenue-share models with banks, key use cases, evolving user experience with verifiable credentials. Field shares insights on digital ID ecosystem after working in the space for four years.

46:55

Episode guests

Adrian Field

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

OneID incentivizes banks with revenue-share model for secure data sharing.

Integration with UK banks streamlines authentication process for seamless user experience.

Deep dives

Bank ID in the UK and the Role of One ID

One ID, a bank-based identity verification product in the UK, aims to bring the Nordic model of bank ID to the UK using the open banking platform. The process involves a user consenting to share data, logging in securely with their bank, and completing the data sharing process. Through a revenue share model, banks are incentivized to participate in the ecosystem, enabling secure and efficient data sharing. The use of bank-based schemes proves effective in the absence of a national identity system.

Introduction

2min

Revolutionizing Bank IDs in the UK with OneID

8min

Exploring Revenue Sharing Models in the Reusable ID Landscape

2min

Evolution of Digital Identity Verification

21min

Digital ID vs. Analog Dock Scanning

4min

Streamlining Identity Verification Processes in Banking

8min

Exploring the Future of Digital Identity and Its Benefits for Society

2min

In this episode we talk with Adrian Field, the Director of Market Development at OneID, which is a bank-based identity verification product focused on the UK market.

We cover a range of topics, including:

How they apply a revenue-share model to incentivize banks to participate in their ecosystem
The main use cases they’re focusing on in their go-to-market and the drivers that qualify those as good use cases
How Adrian sees the user experience evolving with emerging standards like verifiable credentials

Adrian has a very good grasp on the digital ID ecosystem and is generous sharing his insights after four years working in this space.

You can learn more about OneID on their website: https://oneid.uk/.

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The Future of Identity

Adrian Field - OneID’s Approach to Driving BankID Adoption in the UK

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Bank ID in the UK and the Role of One ID

Ecosystem Setup and Partnerships with Banks

Consent Console and Wallet Services

Future Evolution and Standardization in Digital Identity

Remember Everything You Learn from Podcasts