Mr. Open Banking cover image

Mr. Open Banking

The Identity Question

Feb 3, 2021
The podcast discusses the importance of digital identity and personal data, the role of OpenID Foundation in managing data sharing, the complexities of identity in open banking, evolving security protocols, managing distributed identities, the fluid nature of identity, and the significance of digital identity in financial transactions.
41:33

Podcast summary created with Snipd AI

Quick takeaways

  • Digital identity is crucial for secure transactions in Open Banking.
  • Understanding personal data ownership and consent is essential for managing digital identity.

Deep dives

Exploring Digital Identity in the Context of Open Banking

Digital identity is a crucial aspect of Open Banking, being the foundation for secure transactions and data sharing. Understanding digital identity requires a deeper look at the essence of identity itself, beyond just the digital realm. Nat Sakimura, an expert in identity and privacy, emphasizes that personal data is not owned but linked to individuals. The concept of personal data and ownership is discussed, highlighting the complexities of data control and privacy.

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