Power your digital strategy: Unlock the opportunities of Digital Identity
Transform your customer experiences with Digital Identity
As the global economy digitizes, a range of exciting new opportunities are emerging for banks. The use of Digital Identity is a prerequisite to make transactions faster, easier and safer – presenting an opportunity for banks to enhance customer experiences, create a competitive advantage and improve revenue growth.
As the economy shifts online, banks have responded by developing new, digital-first business models that meet consumer demands for faster and more convenient online services. Branch networks are in decline, while the switch to digital is also being driven by competition from new, digital-only banks (“neobanks”) and non-bank financial institutions. Meanwhile, regulations such as the EU’s second payment services directive (PSD2) place the onus on banks to protect consumers from rising fraud attempts in the digital and mobile channels.
"Digital Identity improves the online shopping experience, cuts fraud, enhances brand loyalty and makes more automation possible"
