A digital identity for each citizen These National ID programs are also the opportunity to create a secure digital identity for each cardholder. For Finextra's free daily newsletter, breaking news and flashes and weekly job board.
29 March 2019
The miniature technology bypasses the need for … Wunderlich adds that in Norway and Sweden, there were a couple of banks who were skeptical about digital IDs at first, but it was only after they joined the initiative, penetration surged. Regulatory press release Published 22 February, 2017 Verisec is preparing the launch of an e-ID service which will enable Sweden to take the next big leap in the digital transformation.
Wunderlich adds that in Norway and Sweden, there were a couple of banks who were skeptical about digital IDs at first, but it was only after they joined the initiative, penetration surged. Today it averages four billion identifications and signings by eight million users yearly in Sweden.
Customer relationship management and knowledge management
In conversation with Finextra Research, Arkwright’s Frank Wunderlich and Signicat’s John Erik Setsaas discuss their new report which highlights how the Nordic region can now act as a blueprint for digital identity success and how banks are crucial for this positive result. Never start or use your BankID at the demand of someone who contacts you. BankID is an electronic identity document comparable to passports, drivers licenses and other physical identity documents.
Setsaas answers pointing out that while the Nordic countries were the first to develop digital identity, success in the region has shown that e-IDs do work.