Identity Week Asia 2022: Who is speaking?

Identity Week Asia 2022: Who is speaking?

What is the value of attending Identity Week Asia?

Identity Week Asia offers unparalleled networking opportunities with 1500+ identity field experts to meet and exchange idea with from across the APAC region and specialising biometrics, digital ID, IAM, data quality, threat detection and lots more.

Hear insights, trends and announcements from peers relating to the surge of digital ID and biometric solutions across the marketplace, plus key talks to develop physical document security on par with digital innovation. Join a variety of sessions, inclusive roundtables, inspiring keynotes and presentations to stimulate the next stage in making identity seamless and secure for all.

Who will be speaking? 

Nat Sakimura, Chairman, OpenID Foundation

Nat Sakimura will be speaking in a Day 1 panel session to give his insight on the future of identity and authentication in the financial services and accessing the key prioritises among members companies for robust verification and efficient digital onboarding processes. The OpenID Foundation nurtures and promotes the interests of the open ID community as a non-profit association in providing the useful infrastructure to foster innovation. 

Alan Lim, Head, FinTech Infrastructure Office, Monetary Authority of Singapore 

Alan is the head of the FinTech Infrastructure Office at the Monetary Authority of Singapore and is responsible for developing Singapore’s digital financial infrastructure. He leads the establishment of platforms for open finance and cross border financial connectivity.

Gus Poston, CEO, Netbank 

Netbank is a Banking as a Service Platform in the Philippines accelerating Fintech growth and providing white-labelled accounts, loans, payments, cards to fintech and NBFCs.

Discover all speakers at https://www.terrapinn.com/exhibition/identity-week-asia/agenda.stm.

Digital driving licenses accepted by U.S. credit union

Digital driving licenses accepted by U.S. credit union

Utah was one of 30 U.S. states to pilot digital driver licenses in 2021 to expand smartphone capabilities with identity credentials.

Announced on Wednesday by one of the country’s largest financial institutions, The America First Credit Union is set to allow mobile driver’s licenses to be used as a method of verification for banking transactions across all of its 121 branches in Utah and Arizona.

The America First Credit Union is federally chartered credit union with over 1.2 million members and $17.63 billion in total assets.

Coinciding with advancements in smartphone technology, identity assets from ID cards to photographs and payment methods have become readily available in a digital form to convenience consumers at any time. Several states including Arizona and Georgia have already adopted the Apple Wallet which allows users to add their driver’s license or other ID to their iPhone or Apple Watch.

Speaking on the Apple Wallet’s inclusion of digital driver’s licenses, Jennifer Bailey, Vice President of Apple Pay and Apple Wallet, said: “The addition of driver’s licenses and state IDs to Apple Wallet is an important step in our vision of replacing the physical wallet with a secure and easy-to-use mobile wallet”.

The mobile driver’s license simply verifies key personal information relating to a person’s identity such as their name and age contactlessly and accurately with one tap or scan, giving users more control and ownership over how they confirm and verify their identity.

“Providing opportunities for more Utahans to use their mobile ID throughout the state has been a main focus for our team,” Chris Caras, Director at the Utah Driver License Division, commented. “Adding additional verifiers, like AFCU, allows mobile ID holders to complete transactions without compromising their personal information. We look forward to working with GET Group North America, AFCU and additional businesses to offer contactless mobile ID transaction in communities statewide.”

Identity data in the user’s digital driver’s license or state ID is encrypted and protected against the risk of fraud or ID theft.

Utah was the first U.S. state to pilot mobile digital licenses that meet the ISO 18013-5 global security standard.

Find mobile driver license solutions at Identity Week America this 4-5 October. Gold Sponsor, Thales has delivered driver license verification services to the Florida Department of Highway Safety and Motor Vehicles as well as developed solutions for residents in Florida.

IDW America: Fostering collaboration across the ID ecosystem

IDW America: Fostering collaboration across the ID ecosystem

Identity Week America 2022 returns as THE forum to answer enterprise, government and end-user demands to accelerate digital ID, biometric and physical credential solutions to transform fast-evolving sectors including finance and banking, travel, healthcare and government.

Join the event on 4-5 October at the Walter E. Washington Convention Center, Washington DC. Tickets are still available: https://secure.terrapinn.com/V5/step1.aspx?E=10580.

The latest figures demonstrate the rate to which decentralised, digital identity and IAM is growing and contending with higher expectations of end-users following the period of digital transformation that has proceeded in the last 2 years.

In the forecast for 2021 to 2028, the identity verification and authentication market in Northern America is expected to grow accelerate with a CAGR of 17.3% and should reach USD 26,336.64 million by the end of 2028.

With the provision of new technologies, emerging talent in the industry and greater consumer expectations, Identity Week America continually evolves as a networking platform to reflect the current and future U.S. marketplace, providing insights for other regional markets to follow trends. The balancing act of ensuring security whilst enhancing the user experience is always an extremely important stakeholder issue which takes on new relevance year on year.

Identity Week America looks to expand the ecosystem and collaborate with new and existing stakeholders in changing technology and use-case parameters. Find out below which major identity sectors, organisations, enterprises, solution providers, government entities and startups are involved in Identity Week America 2022 and defining a new ID ecosystem.

Speakers on the agenda

We’re thrilled to welcome identity power-house, Kenneth Gantt, Deputy Director, Office of Biometric Identity Management (OBIM), at the Department of Homeland Security to the conference line-up, 4-5 October in Washington DC.

Kenneth D. Gantt is the Deputy Director of the Office of Biometric Identity Management (OBIM) for the Department of Homeland Security (DHS). OBIM is the lead entity in DHS for biometric identity management services across Government. Mr. Gantt’s responsibilities include working with OBIM’s customers, stakeholders and DHS mission partners to expand the program’s services to ensure a safe, secure, and resilient homeland. Kenneth will be discussing biometric identity management for a connected world.

Speakers already confirmed this year for the Conference:

Risa Arai, Programme Specialist (Legal Identity), UNDP; Joni Brennan, President, Digital ID & Authentication Council of Canada (DIACC); Kay Chopard, Executive Director, Kantara Initiative, Inc; Jeremy Grant, President, Venable LLP; Ryan Howells, Principal, Leavitt Partners; Mike McCamon, Executive Director, NFC Forum; Kathleen L. Kiernan, President, NEC National Security Systems; Mike McCaskill, Director Identity Management, AAMVA; Nick Mothershaw, Chief Identity Strategist, Open Identity Exchange

Exhibitors 

BioSig-ID is the World’s only software biometric password for  ID authentication.   NO hardware or software downloads. The biometric “writing” patterns of the user are captured and compared to the unique password that the user created, using just a finger or mouse.  Prevents impostors from accessing your device or asset, keeps data and records safe.

Integrated Biometrics, LLC designs and manufactures FBI-certified fingerprint sensors for law enforcement, military operations, homeland security, national identity, election validation, social services, and a wide range of commercial applications. The company’s patented light emitting sensor technology enables lightweight scanners that outperform traditional prism-based devices in size, power consumption, portability, and reliability.

Regula Baltija Ltd. provides clients with solutions to verify the authenticity of security papers, ID’s, passports, and banknotes, as well as a number of proprietary tickets (such as lottery tickets) and official documents.

Startups

EarthId is an award-winning Decentralized Identity Management platform that allows secure and frictionless exchange and verification of identity information.

Hummingbirds AI specialises in autonomous, touchless and passwordless zero trust authentication, boosting employees productivity and securing their access to the company’s data and devices.

Identity Week Asia 2022: Agenda Released

Identity Week Asia 2022: Agenda Released

Identity Week Asia 2022 will be the unmissable identity event of the year! Taking place in one of the fastest growing markets, over 2 days discover what the future holds for Identity. 

We’re beyond excited to share a first-look at the Conference Agenda incorporating 100 world-renowned industry experts across more than 40 sessions, covering biometrics, mobile ID, verification and authentication, identity access management, document fraud, physical credentials and digital onboarding.

Identity Week Asia 2022 kicks off 6 September 2022 for two ground-breaking days of insights, inspiration and new ideas around identity evolution across the APAC region. 

Identity professionals from across finance, government, healthcare, travel, social media and many more sectors will come together to learn, be inspired and generate exciting business opportunities.

As an increasing number of people rely on digital and mobile domains to interact with the world around them, the need for robust online identity systems has never been greater and demand from enterprise, government and consumers just keeps rising!

CHECK OUT THE AGENDA: https://lnkd.in/daZY9kj

Secure your seat at APAC’s #1 identity conference now and join over 1,500 of your fellow identity visionaries.

Book your ticket now: https://lnkd.in/eZNEXVhb

ID cards for U.S. immigrants to record deportation proceedings

ID cards for U.S. immigrants to record deportation proceedings

In a further move to scrap unnecessary ID paperwork, U.S. immigrants will be issued with unofficial ID cards to maintain a record of deportation court proceedings.

Rather than an official form of ID for immigrants, the cards will aid the Department of Homeland Security in establishing progress with immigrant deportation appeals. Immigrants will also have ownership over their own ID card to access information regarding their cases online which will slowly phase out cumbersome paperwork.

A spokesman for the Immigration and Customs Enforcement which is driving the proposal for a pilot project said: “Moving to a secure card will save the agency millions, free up resources, and ensure information is quickly accessible to DHS officials while reducing the agency’s FOIA backlog” as Homeland Security receives more requests for information under the Freedom of Information Act than other federal agencies.

Republican critics and social media users have been particularly vocal against the plans to streamline data sharing during the deportation process.

Conservative observer, Tomi Lahren published a Tweet mocking the proposals under Joe Biden’s administration, saying Biden “wants to give illegals ID cards so they can start collecting American benefits. Only U.S. citizens can vote in federal elections and there is no evidence that ID cards facilitate higher voter fraud or enable immigrants to access citizen benefits.

France moves health insurance card onto smartphones

France moves health insurance card onto smartphones

Citizens in France will soon be able to store more of their everyday identity documents on their smartphone to simply verification and access key healthcare services. A digital version of France’s health insurance cards will be available to download on any Apple or android device.

As part of the national digital ID program, the French government agency ANTS has already installed a system that allows French people to prove their identity using a smartphone app. France has already been working to advance its digital ID infrastructure, in a first phase digitalising the national eID card and make it accessible on a smartphone. Users simply place their national eID card on the back of their smartphone and enter a pin-code to fully authenticate themselves.

The security functions of the e-health insurance card will be enhanced, securely holding the holder’s personal information which is protected by biometric fingerprint verification, while enabling users to request reimbursement for healthcare service charges which they could do with the physical card. Eventually, users will be able to add details of their different health insurance policies.

Whilst securely protecting the main users’s personal information, the app his capable of recognising a secondary user’s profile if the app is entrusted to another person for a limited time.

“The app will allow people to consult their healthcare bills directly, with the receipts downloading immediately when the app is opened. These will remain available to download for seven days after a medical consultation, after which they will then become inaccessible. Once downloaded, they will be available indefinitely.

Before being rolled out nationwide in 2023, the heath card app will be piloted in eight more French departments “from the fourth quarter of 2022”.

World Economic Forum publishes key insights for transforming DPGs into DPIs

World Economic Forum publishes key insights for transforming DPGs into DPIs

India, Singapore and Norway are some of the countries leading the way in the development of digital public infrastructure as a means of enabling secure and seamless experiences for their citizens. The AADHAAR card program introduced by the Indian Government has already provided 1.3 billion users with digital IDs as the number of users of digital identity worldwide stands at 4.2 billion.

The Philippines and Thailand are also investing in substantial ID innovation, creating regulatory and infrastructure foundations for the provision of digital identity.

While some nations are proving the necessity of having digital economies and infrastructure, The World Economic Forum has published five insights to accelerate tech change elsewhere across all global markets from banking to education, travel and healthcare.

The value of a digital ecosystem is recognised by most countries, in breeding more information-based services and products for citizens and consumers; the key insights in the report further encourage governments around the world to take a whole-society approach in considering their digital transformations.

In summary, countries are able to achieve digital sovereignty and build infrastructure that serves the public interest and continues to enhance citizen experiences with making transactions and accessing private and public services.

Governments and large entities managing digital infrastructure for state services must also leverage working with other countries on strategic decision making around data security and portability, how to optimise the user experience and create interoperable systems.

As digitalisation transforms many sectors and government functions, the World Economic Forum stresses the importance of adopting a people-first approach to ensure regulation and good governance is the foundation of advancements of technology.

Norway’s national digital ID scheme to optimise online banking is another case that demonstrates how favourable digital systems are to speed up adoption, onboarding procedures, identity verification and lowers costs, however to experience the full benefits of DPI and DPGs, the World Economic Forum cites the need for cooperation and commitment from all stakeholders, including governments, enterprises and organisation.

TheIndian government’s Open Network for Digital Commerce highlights the potential of DPGs for creating open and decentralised DPI.

LTO chief blasts biometrics contractor Dermalog

LTO chief blasts biometrics contractor Dermalog

The Chief of the Land Transportation Office (LTO) in the Philippines, Teofilo Guadiz, has strongly criticised its contractor Dermalog for supplying an inadequate IT system, while holding up Stradcom Corporation which held the tender from 1998 to 2016.

The project undertaken by Stradcom Corporation involved rehabilitating and interconnecting 247 Land Transportation Offices across the country. The first phase covered 32 offices in the national capital region, followed by the remaining 216 across the three main islands of Luzon, Visayas and Mindanao.

Dermalog is providing the digital infrastructure for biometric verification technology which is integratable with six government systems including the issuance of driver licenses and motor vehicle registrations.

Teofilo Guadiz cited the problems with new system to enhance faster transactions and processing within public services.

It can be assumed that Dermalog’s contract with the Land Transportation Office also fell below standards in regards to enabling more efficient processes in revenue collection, reducing criminal activities and the falsifying of documents, and delivering a comprehensive database on the land transport industry which could be leveraged by other LTO offices.

Guadiz called for Stradcom to place another bid for the contract. Stradcom has not handed over the motorists’ database to Dermalog which has been blamed for the failings by Dermalog.

UK introduces face biometric smartwatches to monitor foreign offenders

UK introduces face biometric smartwatches to monitor foreign offenders

Migrants with a criminal record in the UK will soon be subject to constant monitoring using biometric smartwatches to keep tabs on their movements up to 5 times per day.

Face biometric watches will be introduced as part of tougher measures to tackle illegal immigration and higher numbers of people travelling to the UK, however, the Home Office in a statement makes a separation between asylum seekers, who will not be required to monitoring tags, and foreign-national offenders known to authorities.

The requirements imposed by the Home Office will include migrants having to wear an electronic ankle tag or smartwatch at all times which will collect their personal information including name, date of birth, nationality and photograph and compare data to national database systems. The data will be then stored for a period of 6 years by the Home office.

Data collected from these individuals will be shared with relevant authorities and the police to further monitor their activities in the UK.

The Home Office has previously refreshed legal migration and border control policy to increase the requirements of eligible migrants to the UK, implementing a point-based migration system to deter criminals while still encouraging people from overseas to settle and drive the economy in the UK.

In May, British technology provider, Buddi Limited, won a tender to supply “non-fitted devices” as part of the Government’s Satellite Tracking Service.

The scheme was also responsible for the rollout of fitted tracking devices for migrant offenders awaiting deportation at a cost of £70 million.

The surveillance of foreign individuals is known to be a controversial issue which critics argue violates human rights laws and breeds discrimination and demographic bias.

Biometric bias occurs when an algorithm is unable to operate in an accurate manner based on activities it is programmed to conduct such as automating a response based on the the biological and behavioural characteristics of a person matching an assigned profile. Studies have repeatedly found that some demographics can experience poor classification accuracy or matching performance with facial recognition technology.

According to the U.S. National Institute of Standards and Technology, people of African and Asian heritage experience 10-100 times more negative or misleading matching results compared to people of Caucasian origin, complicating procedures to find real perpetrators of fraud and crime.

Lucie Audibert, a lawyer and legal officer at Privacy International, commented: “Facial recognition is known to be an imperfect and dangerous technology that tends to discriminate against people of colour and marginalised communities. These ‘innovations’ in policing and surveillance are often driven by private companies, who profit from governments’ race towards total surveillance and control of populations”.

There are also concerns that the intrusive measures will have a negative impact on mental health and be counterproductive to deterring individuals with a criminal past from settling in the UK or continuing to commit crimes.

2,500 foreign criminals have so far been subject to electronic tagging and 10,000 deported.

iProov secures contract for One Login for Government program

iProov secures contract for One Login for Government program

iProov has won a two-year contract valued at £11.6 million to supply its verification software for the government’s One Login for Government program.

Other contracts were signed with a facial authentication solution provider and liveness detection startup. Back in February, the UK’s Government Digital Service selected consultancy firm, Deloitte in the development of a smartphone app to verify individual access to Government services.

The purpose of ‘One Login for Government’ program is to enable easier and more secure access to Government services with one simple login process while complying with proper handling of user data.

IDW Asia Sponsor Ping Identity to be acquired by Thoma Bravo

IDW Asia Sponsor Ping Identity to be acquired by Thoma Bravo

Identity Week Asia Gold Sponsor, Ping Identity, is to be acquired by Thoma Bravo in an all-cash $2.8 Billion deal, representing $28.50 per share.

Thoma Bravo is a private equity investment firm providing capital and strategic consulting. The deal is a testament to Ping identity’s leading enterprise identity solutions, says Andre Durand, Ping Identity’s Chief Executive Officer and will see the business go private.

“Identity security and frictionless user experiences have become essential in the digital-first economy and Ping Identity is better positioned than ever to capitalize on the growing demand from modern enterprises for robust security solutions. We are pleased to partner with Thoma Bravo, which has a strong track record of investing in high-growth cloud software security businesses and supporting companies with initiatives to turbocharge innovation and open new markets.”

Ping Identity provide enterprises with the secure tools to operate as digital transformation accelerates and businesses must adapt. The software is capable of storing and managing data in connection with 3 billion identities; users everywhere can expect more seamless customer journeys when using a commercial or public sector service.

Daon was announced to have joined forces with Ping Identity, integrating with its PingOne DaVinci solution, a cloud, no-code identity orchestration service.

The offer of 28.50 per share in compensation surpasses Ping Identity’s closing share price on August 2, 2022 by 63% on its final day of trading and provides a premium of 52% over the average cost of Ping Identity’s stock for the 60 days ending on August 2.

Seth Boro, Managing Partner at Thoma Bravo praised a “tectonic shift in intelligent identity solutions for the enterprise” after the announcement that Ping identity would be bought by Thoma Bravo. The transaction is expected to close in the fourth quarter of 2022 after  regulatory processes have been followed to approve the deal with stakeholders of Ping Identity.

Headquartered in Denver, Colorado, the company will have private held status and will no longer be listed on the New York Stock Exchange.

Thoma Bravo continued: “Our shared commitment to growth and innovation, combined with Thoma Bravo’s significant security software investing and operational expertise, will enable Ping Identity to accelerate its cloud transformation and delivery of industry leading identity security experiences for the customers, employees and partners of large enterprises worldwide.”

Register now to attend Identity Week Asia on 6-7 September and secure your free exhibition pass: https://secure.terrapinn.com/V5/step1.aspx?E=10627&p=1

EU: ETIAS system pushed back to November 2023

EU: ETIAS system pushed back to November 2023

The EU’s European Travel Information and Authorisation System which was due to be introduced in May 2013 for non-EU visitors will now be delayed by an extra six months.

Once launched, non-European visitors with visa-waiver status between the ages of 18-70 will be required to submit an application for the ETIAS in order to travel to 26 countries in the Schengen Zone for up to 90 days.

The ETIAS is not a visa but an essential travel document which will be enforced on those applicable.

Back in 2016, tightened measures to pre-screen non-EU visitors and collect advanced data were approved by the European Parliament.

The Schengen zone is mostly comprised of European countries as well as Iceland, Norway, Switzerland and Liechtenstein. The UK’s departure from the EU means that Britons are now subject to the new rules.

Applicants must pay a $7 dollar fee for a 3-year permit and can expect a response to be returned to them within 4 weeks.

The new travel authorisation rules affect 1.4 billion in 40 countries outside the EU. Some European countries such as America, Albania, Australia and Canada currently have a visa-free arrangement to travel. In total, the scheme has been pushed back three times to the end of 2022 and now to November 2023.

ETIAS will further streamline borders by making travel procedures tougher for people travelling from out the European Union, however, with delays to introducing the new requirements, travellers will be able to enter the Schengen Zone for a while longer.

More updates around the implementation will be given in the months before the ETIAS comes into effect. Passengers will be eased into adapting to the new system while an initial 6-month grace period may come into effect. Early registration online is encouraged.

Identity Week Asia 2022: Transforming the APAC identity marketplace

Identity Week Asia 2022: Transforming the APAC identity marketplace

Identity Week Asia, the leading identity and trust event for the APAC region, will be returning to the Suntec Convention Centre in Singapore to bring together government, enterprise, and partners on 6-7 September.

Launched in 2019, the event is focused around strengthening stakeholder relations within the Asian identity market to spark innovation and faster adoption of technologies in public services, government, travel, healthcare, and banking.

Identity Week Asia also encompasses our Start-Up Village which serves as an important meeting place for identity tech start-ups at an early stage of their funding to meet potential investors and partners.

The event integrates start-ups into the identity ecosystem and therefore is ever changing the structure of main stakeholders in identity.

The forum places the emphasis of the industry coming together on nurturing the next generation of talent to bring digital ID and biometric technologies to the forefront. It also caters for experienced vendors and organisations that are closer to the user interface and understand the emerging trends for enhanced user experiences and self-sovereign identification.

A stage will be set for 20+ promising start-ups engineering the future, connecting them with Asia’s most influential companies, investors, and media.

The fantastic speaker line-up includes, Open Identity Exchange, IATA, Google, Monetary Authority of Singapore, ShuttleOne, Emerging Payments Association Asia, Prudential Corporation Asia, Royal Thai Police, Netbank, Union Bank of Philippines, GovTech Singapore, Vietnam Government.

The packed conference schedule will cover topical discussions around ID for citizens, seamless travel, secure banking, decentralised ID and blockchain, verifiable credentials, biometrics, effortless onboarding, IAM, secure ID documents, interoperability, quality data collection and lots more!

“We look forward to welcoming back our industry colleagues and friends as we look once more to the future and all the promise and excitement that new technologies and solutions will bring” – Janine Bill, Managing Director, Identity Week.

For further information, including our latest speaker announcements, please visit: https://www.terrapinn.com/exhibition/identity-week-asia

To secure your press pass, please visit: https://secure.terrapinn.com/V5/step1.aspx?E=10627&p=1

Philippine mobile e-wallet gets upgraded with digital assets

Philippine mobile e-wallet gets upgraded with digital assets

GCash, a popular mobile e-wallet in the Philippines, is to be upgraded with digital assets that can be traded on the platform.

The wallet provider boasts over 60 million users and 5 million merchants.

During a Web 3.0 workshop at Virtusio International, Niel Trinidad, the VP and Head of New Business at GCash citied the growth in the adoption of decentralised digital assets such as cryptocurrency.

Countries like Trinadad have pledged to follow the Philippines into the digital assets market and onboard their customers to GCash which provides access to numerous financial services spanning credit, savings, insurance, loans, and investments.

As a number of fintech companies compete in the digital assets space, Banko Sentral ng Pilipinas (BSP) data shows that cryptocurrency transactions grew consistently by 362% to 20 million in the first half of 2021.

Sony unlocks in-camera forgery-proof technology

Sony unlocks in-camera forgery-proof technology

Today, Sony has today announced the availability of its in-camera forgery proof photo technology for corporate business users. Using digital signatures processed at capture, Sony technology supports to detect any modification to an image thus protecting it from fraudulent usage.

Following widespread issues with unauthorised editing and misconduct around digital photo data, Sony has developed forgery-proof technology, based on standard cryptography, for corporate users to safeguard images against future misuse.

With Sony’s in-camera signing mode activated, images are immediately cryptographically signed by the camera processor upon capture. Following this, any pixel modification, tampering or potential forgery will cancel the image signature, as the image manipulation will be detected by the customer’s own certificate server during examination.

Available on the Alpha 7 IV camera, with expansion to other models to be considered in sequence, this new functionality streamlines the lengthy process required from image submission through to verification, all with the addition of extra security.

The Alpha 7 IV also combines a 33.0MP full-frame back-illuminated Exmor R™ CMOS image sensor with BIONZ XR™ imaging engine to deliver high-speed processing and outstanding resolution.

Sony’s new forgery-proof signing mode ensures the secure creation and transmission of images based on cryptographic methods, as the fundamental need for certifying unmodified and secure images grows in many applications, across multiple industries.

This technology is particularly applicable for passports and ID verification but goes further in tackling image manipulation in the media, medical and law enforcement fields. For the insurance and construction sectors, this technology will offer a secure foundation for inspection and recording of damage​.

Yasuo Baba, Director of Digital Imaging and European Product Marketing at Sony, commented:

“It is Sony’s missions to strengthen business solutions with cutting-edge imagery technology and our in-camera digital signing is a real game changer for combatting image manipulation and forgery across multiple industries. Whilst appropriate adaptations for each industry need to be made, the digital signature is multilingual and can be used internationally, enabling organisations worldwide to streamline mandatory image signing with Sony technology.”

Currently compatible with the Alpha 7 IV, and subject to receipt of a license to enable Sony’s signing mode, this facility will be available for business users with plans for further model expansion to follow. In tandem, Sony will continue to examine how we can utilise our industry-leading imaging technology to further support enhanced security across multiple industries, with plans to expand the line-up of supported cameras hereafter.

Association of Banks in Singapore: Measures to strengthen digital banking security

Association of Banks in Singapore: Measures to strengthen digital banking security

The Association of Banks in Singapore is collaborating with The Monetary Authority of Singapore on implementing further measures to protect consumers against the present risks of digital banking fraud, stepping up its actions announced in January.

Banks across Singapore are increasing their support of customers by requiring multi-factor authentication in order to process significant changes to customers’ accounts and allow high-risk transactions. As part of more efforts to safeguard customers, Singapore Police Force has also been consulted in decisions to introduce new measures that banks must follow.

In addition, a cap on the maximum amount which can be transacted will be come into effect. Customers will also have more control and ownership over suspending their own accounts if they suspect it has been compromised. Across the banking sector, these new protective measures will force banks to do more in enhancing fraud surveillance systems to counteract the threat of a rising number of financial scams, which include phishing, authorised push payment fraud and social engineering tactics.

The Global Identity and Fraud Report conducted by Experian found that 1 in 4 customers in the Asia-Pacific have been victims of fraud, with China and India appearing to be especially concerned over being defrauded through social media sites or apps.

Customers have also been urged to stay vigilant of common scam techniques and comply with the recommendations to utilise bank apps more often and refer to trusted sources.

Consolidating the work of the Anti-Scam Taskforce, established in 2020, an ABS committee on Fraud will drive anti-fraud intervention efforts.

Wee Ee Cheong, Chairman, Association of Banks in Singapore, said, “As an industry, we are constantly reviewing and putting in place sensible and secure measures to safeguard our customers from scams while allowing them to bank with ease. Combating scams, whether digital or otherwise, requires the effort and cooperation of everyone – banks, ecosystem players and also customers. Public awareness and staying vigilant are key. We are committed to work together with all stakeholders to uphold the trust and confidence of digital banking.”

 

Consumer demand surges for digital payment system in Egypt

Consumer demand surges for digital payment system in Egypt

Consumer awareness in Egypt of digital payment options is accelerating, according to latest findings in the MasterCard New Payments Index 2022, with greater demand following more availability of infrastructure and technology.

In 2021, the findings revealed 94% of consumers in Egypt were considering emerging payment options such as Buy Now Pay Later (BNPL), biometrics, digital wallets and QR codes.

Since the pandemic, technology habits have changed which can be attributed for “cashless” consumer habits and higher demand for digital payments options.

Over 2/3 of participants agreed that the pandemic galvanised them to experiment with alternative payment methods.

A year later, the report has highlighted a contingency in rising adoption of digital technologies across consumer finance, with 88% of citizens in Egypt stating they used at least one new payment method during 2021.

“Although traditional payment methods are still attractive to segments of consumers, 15 percent of consumers in Egypt indicated a decrease in their use of cash payment methods during the past year, and in contrast, 64 percent of these users (compared to 61 percent globally) have increased their use of at least one new digital payment method over the past year, including digital cards, SMS payments, digital money transfer apps, and instant payment services,” the document stated.

Finland expresses interest to trial digital EU passport first

Finland expresses interest to trial digital EU passport first

Finland has expressed interest to be one of the first countries in the EU to pilot a new mobile app holding digital travel documents for cross-border travel.

Further to trials by a select number of member states, the proposal is to roll out digital passports and security documents in all 27 countries belonging to the European Union.

In this latest step away from physical travel documents, processes for proving the right to travel look to become simplified. Passengers will be able to send advanced digital ID documents such as a passport to border authorities in advance to making a journey.

Reportedly, the European Commission approached Finland last year to be part of a pilot project to consider digitalising passports.

Mikko Väisänen, an inspector at the Finnish Border Guard commented: “We’re currently drafting a funding application for the commission. The application must be submitted by the end of August. It’ll then be decided whether the project will be carried out or not”.

As well as Finland’s involvement in a trial, digital documents will be tested in travel between Croatia and Finland and Canada and the Netherlands.

The Parliament of Finland recently passed legislation to set standards around creating a digital identity ecosystem in the country which will give citizens verified access to their own personal data and public services. As well as digital meaning more secure for travel or access to Government services, Finland is following a world-wide trends of countries seeking to provide a streamlined consumer experience to authenticate and verify faster.

There is still uncertainty whether Finland’s trial will actually go ahead or be bypassed with trials first being carried out on air crossings to Croatia. Some passengers will be asked to downloaded the mobile app onto their phones although will still be required to carry their physical passport with them.

ARV and Krungthai partner to trial ASEAN’s first NCID platform

ARV and Krungthai partner to trial ASEAN’s first NCID platform

AI and Robotics Ventures has signed an MOU with Krungthai Bank Public Company to trial a National Corporate Identification (NCID) platform being proposed by the Association of Southeast Asian Nations. The solution will serve to identify and verify corporation accessing any financial service, such as opening a bank account, and streamline the know-your-customer (KYC) process between enterprises and financial institutions.

The NCID platform is the first of its kind in the ASEAN region and once implemented will speed up corporate verification and onboarding, as referred to as the Know Your Customer (KYC) process.

An enhanced system of KYC provides the business opportunity for enterprises to access financial service as well as ensures financial institutions can monitor the secure onboarding of companies.

The Platform deploys Thailand’s Electronic Transaction Development Agency standards of decentralised identity on a public blockchain, leveraging technologies like Web 3, Digital ID, digital document creations and digital signatures while still using secure cryptography encryption.

General Manager at AI and Robotics Ventures, Dr. Thana Slanvetpan said, “Conducting transactions between corporates and commercial banks is still plagued by a number of inefficiencies and limitations, including the reliance on paper-based documents and laborious manual processes. The ability to quickly, transparently, and reliably, verify digital-signatures together with its signing-authority in one single solution has been a limitation for juristic persons, inhibiting more widespread digital transformation.”

GovTech and UK Government Digital Service sign MoU agreement

GovTech and UK Government Digital Service sign MoU agreement

The UK Government Digital Service and GovTech Singapore are working together to further enhance the digitalisation of government public services, signing a new Memorandum of Understanding (MoU) agreement in June.

The UK Government has many different roles in digitising the private sector through the DCMS while also focusing on digital public services.

Both countries are committed to driving digital transformation across private and public sector functions and are widely recognised as digital leaders, taking active roles to shape policies and standards within government spaces.

The MoU signing follows the UK and Singapore’s partnership on the Digital Economy Agreement (UKSDEA) which came into effect on 14 June and covered the digitised trade in services and goods across the economy, for example consolidating open and inclusive digital market, data-sharing, digital trading systems and financial services.

The long-standing partnership between the two agencies will now include collaborating on the design and delivery of digitalised government services over the next 3 years.

Tom Read, Chief Executive Officer and Director General of Government Digital Service UK commented on the latest venture to partner with GovTech Singapore, saying: “Over the last three years we have shared experience and expertise on a number of topics, from digital capability and the COVID-19 response, to digital ID, data security and our Government as a Platform strategy. GDS recognises the incredible value of peer-to-peer partnerships for sharing and progressing good practice in digital government”.

As well as the digitalisation of the public and private sector, accelerated post-pandemic, Governments need to comply with data security. The GDS supported a review into the level of data privacy and protection adhered to by Singapore’s government and local authorities, sharing best practices and experiences on safeguarding user data. The recommendations provided by the GDS were developed into learnings for Singapore’s Public Sector Data Security Review Committee.

Mr. Kok Ping Soon, Chief Executive of GovTech Singapore also said: “With economies around the world digitalising, it is imperative for Singapore to work with like-minded partners to push the boundaries of digital services for our citizens and businesses, and unlock greater benefits for the respective countries. The partnership between GovTech Singapore and the Government Digital Service will lock in the digitalisation gains that we have made respectively in the last three years, as we look forward to further improving the delivery of government services”.