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TISA Launches Select ID Scheme [Yahoo! Finance]
Last northern trust corporation earnings: 4/21 07:29 am
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US:NASDAQ Investor Relations: northerntrust.com/about-us/investor-relations
The launch is backed by a number of prominent financial and technological institutions including Barclays, Visa and Northern Trust. Select ID will allow consumers to choose their preferred Digital ID provider. At the same time, it will make it easy for companies to benefit from digital identity services that meet relevant regulatory requirements such as KYC and AML. Select ID will be positioned as the prime means for consumers to securely identify themselves to UK financial institutions with their choice of a reusable, secure Digital ID. Select ID is open to all financial service firms and digital identity providers. It aims to simplify customer journeys, supporting opportunities to reduce fraud and providing safe, secure, and widely available verification and authentication services for consumers and the financial services sector. Secure, inclusive, reusable: an enhanced identification solution for consumers Offering access to a range of digital identity providers will enable a
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