Identity Week Europe 2023 is in our sight. Bigger than ever.
To accommodate 5000+ visitors, we are upscaling Identity Week America 2023 to the impressive RAI, in Amsterdam, with added capacity, magnificence and central links to Europe.
Now with a consolidated base of the identity industry, we’re calling for speakers, previous and new, to join our lively panel and roundtable discussions in 2023 and deliver solo presentations around the evolution of biometrics, digital ID and physical security documents.
We cannot wait to wait to bring another epic edition of ID Week to the forefront. A year in advance, we study the trends in the industry and have research conversations with speakers to build an idea of which topics are high on the identity agenda.
Join our line-up of leading identity experts from 13-14 June in Amsterdam for Identity Week Europe 2023.
Open to industry experts, professionals, entrepreneurs, universities, R&D centres, associations and organisations, share your powerful ideas, case studies and innovative initiatives.
The deadline to submit your speaking enquiry is Friday 25 November 2022.
Wrapping up a successful edition of Identity Week America, we are delighted to share the highlights of productive networking and sessions in the post-event report.
This year excelled all our expectations, mobilising stakeholders from key use case sectors including banking and finance, travel, healthcare and government to spark lively debate and networking around identity revolution.
The event took place at the Walter E. Washington Convention Center in Washington DC from 4 – 5 October 2022.
Over the two ground-breaking days, we welcomed 1,733 attendees and 158 speakers from 62 countries from our doors!
150 sponsors, exhibitors and startups showcased their products and solutions to an engaged audience of key decision-makers.
“Identity Week had both great presenters and a great audience. It was a great opportunity to meet and talk with identity influencers and decision makers – especially relating to the US government”.
“This is a great collaborative event bringing industry, academia, and government together”.
Identity Week Europe is scaling up for 2023 and moving to a brand-new venue with a capacity to hold 5,000 + people. With a total exhibition space of 112,200m² including 12 halls, 70 conference and meeting rooms and 2 auditoriums, the RAI Exhibition Centre in Amsterdam perfectly accommodates the rapid growth of our flagship identity event.
Book now to meet industry stakeholders from all prominent use case sectors including banking and finance, travel, government, media and healthcare.
Book now to meet industry stakeholders from all prominent use case sectors including banking and finance, travel, government, media and healthcare.
Identity Week Europe is the home of secure identity and trust gathering together government, enterprises, partners, and start-ups to envision future-proof identity solutions and applications, taking place across 2 packed days from 13-14 June 2023.
Plenty of future-forward conversations were had at this year’s Identity Week Europe conference in London, which discovered hundreds of innovative solutions like FacePhi’s identity platform. Evie Kim Sing, Editor of IdentityWeek.net sits down here with Nuno Martins, Senior Business Development Manager at FacePhi to discuss the key features of FacePhi’s Identity Platform and how it allows users to design and control any digital onboarding and authenticating process, maintaining privacy, convenience and control over end-user verification.
While a centralised digital ID ecosystem has existed for some time, healthcare thought-leaders attending identity Week America advocated for a federated patient data ecosystem.
The healthcare sector, where decades of patient data is stored, trails behind sectors like finance and travel that are miles ahead in their digital transformations.
Currently, £1 Billion is being funnelled into plans to achieve digital transformation in the NHS which has in the past lagged behind sectors like banking and finance and travel.
The drive from healthcare now is to accelerate digital innovation to communicate diagnoses quicker with more intelligent technology and trusted communication to the patient. This sentiment was voiced by Linda Van Horn, Founder and CEO of iShare Medical who delivered a keynote in which she explained how the platform facilitates the trusted exchange of healthcare information to patents and authorised professionals by using direct addresses and patient identifiers, instead of weak patient data such as a person’s name and date of birth.
iShare’s keynote presentation called for a better data security environment and federated digital ID ecosystem which would allow a shift to digital healthcare and unlock countless other benefits of ensuring efficiency, cutting operational costs, and open clear interaction between the patient and professionals.
Sharing the findings of the Bipartisan Policy Center study of Harris County Texas, she stressed that out of a total 3.4M patients in the state, 249,213 individuals had the same first and last name and 69,807 pairs shared the same names and date of birth, reducing the level of accurate data sharing.
Highlighting the system flaws further, she quoted that 2,488 patients were named Maria Garcia, making the point that generic patient identifiers do not differentiate similar medical records.
The standards that should be followed for sharing patient medical records include identity proofing, authentication of a trust credential to prove someone’s identity and authorisation for access to sensitive medical data, which follows the standard procedure when travelling on a plane.
With a record high number of registered NHS patients, and data indicating 6.6 million currently await treatment, now is the urgent time to be updating data platforms in the NHS to manage the challenges that the system faces since the pandemic by connecting vast amounts of data which is owned by different departments of the NHS.
On the government’s top agenda, in light of the NHS’ COVID-19 backlog, is to create a Federated Data Platform (FDP) which will coordinate isolated data from 42 Integrated Care Systems to improve health outcomes and make the way health information is communicated more transparent.
In September, the publication of a new data sharing framework built with better trust capabilities to let third parties analyse England’s health data set out five principles for best practice around settings, data, authorised access, research projects and outputs.
That’s a wrap on all Identity Week shows for 2022!
We visited Washington D.C., London and Singapore to bring focused identity markets together and fuel new innovations in identity tech and frameworks.
We look forward to curating future-forward conferences next year with an excellent level of networking, insightful sessions, impressive keynotes, and the biggest names in the business.
We’re delighted to announce the dates of Identity Week Europe and America 2023 as below:
Identity Week Europe 2023 | 13 – 14 June
RAI Exhibition Centre, Amsterdam
Identity Week America 2023 | 3 – 4 October
Walter E. Washington Convention Center, Washington DC, United States
Administrator David P. Pekoske of the TSA gives the first inspiring address at Identity Week America 2022.
Founded just 60 days after the 9/11 attacks, the TSA aims to prevent attacks on the U.S. transportation and aviation systems.
Built into identity experiences is the need for touchless. David kicks-off a summary of the TSA’s mandate for securing the U.S. transportation system saying, “the gap between pre-pandemic passenger levels and today is ever-closing”.
Routinely, 2 million people pass through the TSA’s systems.
What are the TSA’s priorities?
Operationalise biometric systems
Global entry/exit
Using biometrics as an opt-in process to see the increased accuracy that biometrics presents and enhance the consumer experience.
Partnerships are key to the TSA’s success – with other agencies as they proceed with identity management.
Pekoske said: “We are not islands to ourselves”.
The TSA’s aim is to be an agile security agency that can adapt to the risk to safety, implementing 1-2-1 facial matching biometrics.
The TSA’s technology includes verification credential biometric technology which has multiple functions to connect flight information with passengers to reduce board pass fraud and identity verification.
The TSA is also testing biometric technology at Detroit and Atlanta airports which compares the passenger’s image with a gallery of pre-advanced identity data – called one-to-end identity verification.
“Our commitment to privacy is our true north”. The TSA has three objectives to optimise passenger experience, security, and the use of information and systems for protecting passengers.
The TSA is working on “One Stop Security” which will enable one-stop passenger information to be collected at any international airport and shared with U.S. border controls for a seamless experience entering the U.S.
D4t4 Solutions CEO and industry veteran Bill Bruno will take the stage at Identity Week America in Washington, D.C. on October 5, 2022. Bill will discuss how existing fraud technologies are limited in what information they can reveal, leaving organisations to just manage fraud instead of preventing it.
“Fraud is becoming increasingly more sophisticated by the day – and your technology needs to evolve to keep up. It must be truly real-time and the data should be as comprehensive and complete as possible,” said Bill Bruno, CEO of D4t4 Solutions. “Ultimately, your technology must solve for digital identity in a meaningful way, or your evidence will not matter.”
In addition to the big stage, Bill will lead a roundtable discussion on creating robust identity graphs with comprehensive behavioural biometrics. Vice President of Marketing Tiffany Staples will be on the expo floor discussing how to build robust identity graphs with limited authenticated data.
By visiting Celebrus at the conference you can learn how Celebrus Customer Data Platform (CDP) and Celebrus Fraud Data Platform (FDP) leverage advanced data capture and contextualisation capabilities to solve identity challenges relating to customer experience and fraud. Recent innovations from Celebrus to enhance its identity offerings will take center stage.Recent identity-related innovations from Celebrus such as Celebrus Cross-Domain Continuance, and mouse paths will take center stage.
Research your meeting on October 4th & 5th at the Walter E. Washington Convention Center, booth #209.
With hundreds of identity solutions on showcase, expert presentations and panel sessions and easy networking opportunities across the two days, the event is the place to be to assess one of the most primitive and advancing industries.
Here’s a snapshot of sessions around identity and IAM for the healthcare sector. From start-ups in their formative years of development to the biggest vendors and organisations, the conference programme supports all viewpoints in nurturing the next generation of talent in identity, in addition to facilitating more commercial and public sector use cases of digital and physical ID across banking, travel healthcare and lots more industries!
Discover the next unicorn Identity Week America has to offer or sit in on carefully planned sessions, presentations and roundtable discussions with other thought-leaders – all for free.
We’re delighted to welcome Linda Van Horn, who is President & Chief Executive Officer at iShare Medical, to deliver a keynote presentation on the present and future mission to secure access and sharing of medical data with digital identity verification. It’s a use study that continues to be tested with digital ID technologies to transform the way patients can openly access their personal medical records whilst tightly retaining confidentiality over the most sensitive personal information.
On Day 1, Ryan Howells, Principal at Leavitt Partners, will also give his insight into converging trust, privacy and convenience for patients to enable healthcare to adopt a centralised system of digital identity as many other industries have.
Unlike some sectors which have diverse ecosystems of product vendors and numerous applications, healthcare with predominantly two major divisions, the NHS or private healthcare, requires a federated digital identity system to protect millions of people’s personal medical data.
You can hear a panel discussion on “Digital identity federation in healthcare” at 11:30 on 4th October involving healthcare professionals across these domains who will discuss the challenge of creating one future-proof identity ecosystem in healthcare.
One of the most primitive industries, identity is also advancing with new technology to verify and authenticate, enhancing many other sectors.
Threats to our personal, national and global security have soared while consumer satisfaction is ever determining whether businesses succeed or fail in a modern world.
At its core, Identity Week America is a multi-dimensional event that creates and manifests new applications of physical and digital identity across four main sectors that are advancing at a rapid rate.
One of the key sectors that the event targets and allies with in promoting new identity solutions and strategies is the Travel and Aviation industry.
We have amassed an incredible line-up of top representatives from the travel industry, Government counter-terrorism bodies and national independent organisations.
They include: Dallas Fort Worth International Airport, the U.S. Department of Homeland Security, US Customs and Border Protection, the Transportation Security Administration and Richard Clarke, Former National Coordinator for U.S. Counter-terrorism, all of whom will make their pledges to the future of identity at the number #1 meeting place of the year – Identity Week America!
Attend our FREE Expo to mingle with these individuals and thousands more!
Through sessions, keynote presentations, roundtables and fundamental networking, the event will dissect how advanced facial recognition and digital ID testing is across all industry case studies.
Our inspiring sessions will discover what most excites speakers about biometrics for the aviation and travel industry and how we can successfully transform travel with digital identity, adopting approaches to innovation for security effectiveness and the passenger experience.
Day 1 Keynote, 9:00: Hear from newly confirmed TSA Administrator David Pekoske how innovative identity management solutions can improve security and enhance the passenger experience.
David Pekoske, Administrator, Transportation Security Administration
In Track 2 on 4th October, Tony Poole, President of the Document Security Alliance will discuss the problem of counterfeiting with security documents.
Tony Poole, President, Document Security Alliance
In addition, Identity Week America will seek answers to the following questions surrounding interoperability and higher demands for security and convenience throughout the passenger journey.
How important is a collaborative and integrated approach when it comes to implementing and updating new technologies like biometrics to secure passenger journeys?
How have the demands of passengers changed since the pandemic and how do you see them changing in the next few years? How are you meeting expectations?
Register today to hear expertly curated sessions for the travel sector and public sector, and discover more sector-driven topics that will be discussed from 4-5 October in Washington D.C. https://secure.terrapinn.com/V5/step1.aspx?E=10580
Identity Week America 2022 is shaping up to be an unmissable event – at its core promising to deliver a buzzing atmosphere and genuine mix of suppliers, organisations, enterprises and public authorities to meet.
We have a hotbed of brilliant experts in biometrics, digital and physical identity that are preparing to head to Washington D.C. for the 8th edition of the conference – but who will be taking to the main stages?
We start as we mean to follow with an introduction and opening remarks from John Mears, the Chairman of IBIA, a leading voice in the biometrics and digital identity technology space that alone incorporates many of the key identity companies presenting their solutions in the Expo. The Association represents a spectrum of key industry providers across every digital ID application and biometric modality.
The keynote presentations taking place from 9-10:30 on Day 1 and 2 provide a snapshot of the quality, in-depth presentations that will follow throughout the conference and be divided into the specific challenges and successes facing large-scale projects and sectors.
4th October 9:00
Keynote Theatre: Innovating identity management solutions to improve security effectiveness and the passenger experience
David Pekoske, Administrator, at Transportation Security Administration will be giving his viewpoint on how innovative identity management solutions can improve security and enhance the passenger experience.
9:20
Followed by returning keynote speaker, Kenneth Gantt, U.S. Department of Homeland Security, who will be reflecting on the ever-changing demands on the identity ecosystem which continues to expand to encompass providers of digital ID, biometric technologies and identity documents. What is needed to unify the ecosystem and adapt to changes?
Register to attend: “Bringing together a comprehensive ecosystem in an identity multiverse”.
9:40
Digital identity and trust in healthcare: Present and future
We are delighted to welcome Linda Van Horn, President and CEO of iShare Medica to update the wider identity community on how digital identity is changing how medical data is securely accessed by patients and medical professionals.
10:00
Mind the trust gap
The presentation will be delivered by our Title Sponsor NEC National Security Systems. While addressing the rate by which digital ID technologies have accelerated, this keynote will highlight the imbalance with physical identity, forming a “physical gap”, and assess the convenience needs of users and frameworks for building foundational trust in identity solutions.
Identity Week America is a dynamic identity event for the USA which continues to expand to accommodate an influx of industry solutions and unite a cross-section of the stakeholder community.
Kick-start new partnerships, projects and find your next business partner in Washington D.C. on 4 & 5 October.
Entering its 8th year, the conference has proven to understand an ever-evolving marketplace in identity and advance successful applications across digital identity, biometric and physical security domains.
Speakers and experts from across these domains are registering at a rapid pace to secure their place at this unmissable event of the year.
They include important organisations such as The Transportation Security Administration (TSA), U.S. Department of Homeland Security, iShare Medical, NEC National Security Systems and so many more.
Now is the time to discover inspiring presentations and plan your own networking experience, with 1500+ stakeholders promised to be in one place in Washington at the same time!
With two weeks to go, we are delighted to announce this year’s stellar programme for our stakeholder community, packed full of thought-provoking and interactive sessions, inspiring keynote presentations and roundtables.
In an industry where digital is accelerating at an extraordinary pace, sessions will relate to how the industry can bridge the gaps between digital and physical identity, facilitating the growing use of online identity verification while securing identity documents.
We will also explore the convergence of trust, privacy and convenience as values that are at the forefront of identity experiences for end-users and enterprises.
Identity Week America is a multi-faceted event, co-located with an exhibition for convenient networking and a Start-Up zone where hundreds of start-ups will exhibit their new solutions.
Book your ticket at our special discount rate to confirm your seat in these final weeks.
Identity Week America, a complementary sister event to Identity Week Asia and Europe, will return to Washington D.C. from 4-5 October, bringing together an abundance of government representatives, enterprises and partners.
It is really shaping up to be a multi-disciplined event, looking at tech change driving secure and seamless identity experiences for the end-user and enterprise across the fastest-moving sectors in identity, such as travel, finance and banking, media, healthcare, government and the public sector.
This major stakeholders’ event for the U.S. identity industry is a perfect opportunity to meet face to face with 1500+ of the biggest disruptors in identity.
Our fantastic exhibition is already fully booked up with hundreds of innovative and new identity solutions that will be accelerated to market thanks to the collaborative environment that Identity Week America fosters.
The conference encompasses our Start-Up Village which serves as a critical meeting place for identity tech start-ups at an early stage of funding to meet potential investors and partners and showcase their solutions.
This time around Identity Week will be levelling up the identity ecosystem across the U.S. and assessing the latest developments to achieving a digital economy with electronic ID, as well as enhancing physical security documents. Forge new digital identity contracts; launch integratable solutions to meet market demand. Born out of the demand for interoperability, integration, data-sharing, practise a new way of thinking to launch your product and compete with the visionaries that already operate in the market.
New personal and public security problems are surfacing all of time – book your ticket to Identity Week America this October to understand the developing threats facing America, such as fraud, identity theft and national security, and which solutions are needed to counter adversity.
The 2-day international IDW conference is a premium feature in the calendar for serious innovators, disruptors, and visionaries of Identity driven to increase the number of use cases and scenarios where secure identity is leveraged.
As Identity Week Asia draws to a close, here is a roundup of highlights from this year’s fantastic keynote presentations, busy seminars, packed roundtable discussions and bustling expo floor.
An insightful presentation was delivered on Day 1 by Jonathan Andresen, Senior Director of Marketing at Incode at #IdentityWeekAsia on Powering A World of Trust – The Incode Way with Pranav C. Fernanda Sottil, Eryin Halmen, and Kristen Tsitoukis of Incode Technologies.
Our exhibition floor was compact with a true cross-section of the identity industry’s established solution providers including Premier Fintech LLC who are delighted to join Identity Week Asia, designed for Fintech professionals as well as targeting top identity sectors such as travel, healthcare and government. BioRugged and Cybernetica are also participating in the Identity Week Asia Expo; be sure to visit ID R&D too at their booth #28.
John Amein, at ID R&D also spoke in a session on Liveness Detection which covered the differences between passive and active liveness detection solutions and the impact of abandonment rates on the bottom line.
Among key identity thought leaders were a cohort from U.S. Department of Homeland Security, including Carolyn Bayer-Broring.
Identity Week Asia provides a critical meeting place for titans of the identity industry bringing innovative new solutions to the marketplace. Moreover, a valuable part of the conference is also striving to ensure the future of identity security is entrusted to new talented startups which exhibit for FREE in our Start-Up Village to elevate their business prospects.
Be a part of 2023’s ecosystem of identity APAC leaders and meet new companies rising through the ranks and securing partnerships and investment to deliver their identity solutions across a number of applications including travel, finance and banking, healthcare and government. We also welcomed to our Start-Up Village the likes of IDENTY Touchless ID, HALA INFOSEC Premier Fintech LLC, Syntric AI, Build38, H-Kare Solutions, 1ID Silence Laboratories, betterdata, Argos KYC, and MineSecMicroSecINPULSE, inc.
Day 2 was packed with more energising presentations, stellar exhibitors to meet and chances for opportunistic networking with other stakeholders.
We heard from GovTech Singapore, IATA, Google, Monetary Authority of Singapore, Royal Thai Police, Netbank, Union Bank of Philippines, Vietnam Government – just to name a few!
Identity Week Asia is a thought-leadership conference and exhibition infusing expertise and experience from the brightest minds in the identity sector to promote innovation, new thinking, and more effective identity solutions.
Pindrop’s Tim Prugar sat on an expert panel, discussing the “Future of identity and authentication in the financial services”. Pindrop also delivered another seminar presentation on the Abilities of AI in voice, and how authentication can be achieved with language agnostic technology and a roundtable session on “Is voice the path to a passwordless future?”
Deloitte speakers Eric Lee, Gautam Kapoor and Iray Harel discussed the digital transformation of identity, future of identity and Privileged Access Management (PAM).
The wait is nearly over to meet your perfect-match business partner or investor at Identity Week Asia 2022. The conference, running from Tuesday to Wednesday, will pack in sessions targeting the most advanced sectors in identity, plus hold an impressive exhibition with completely free access to the public.
Delivering insight, discussion and debate in a range of formats, industry stakeholders from digital identity, biometrics or document security fields can expect genuine partnerships to be forged, plenty of knowledge-sharing and collaboration to advance the security, simplicity and reliability of all digital or physical interactions.
Make a note of the key timings across this unmissable 2-day conference.
On Day 1 & 2, doors will open at 09:00 – 17:00.
This year’s agenda is notably inspired by a broad range of important identity topics that address the issue of the bridge between physical and digital identity, regulation, user trust, user demand for convenience, AI advances and data management requirements. Meet hundreds of companies and organisations aligned with your goals; listen to keynote presentations, participate in a lively roundtable discussion, or just walk the exhibition floor to learn from peers how we secure identity documents and digital assets and authenticate users by optical machine.
The key aspects of the conference will be to determine how the rising trend in digital identity verification can continue to grow to enable all personal, public and global security threats can be countered by identity recognition.
In addition to an extensive exhibition jam-packed with established identity solutions, Identity Week Asia also encompasses our Start-Up Village which serves as an important meeting place for identity start-ups at an early stage of their funding to meet potential investors and partners and forge new business deals.
Nurturing the next generation of identity talent and technologies is at the centre focus of our conferences spanning Asia, European and American markets.
Our Start-Up Village at Identity Week Asia 2022 includes:
Silence Laboratories provided authentication library with focus on decentralised infrastructure support while ensuring a perfect balance between usability and security. We are solving some of the dominant problems in multi-factor auth and signature schemes through propriety fusion of signal processing and multi-party computation cryptographic primitives.
Hala Infosec
Comprehensive, end-to-end and complete suite of IT & OT security services fuelled by integrated and customised solutions to enable maximum protection for enterprises’ entire IT architecture including on-premise, cloud and hybrid IT environments with detailed threat insights that will help enterprises to make informed decisions.
MicroSec
MicroSec aspires to help organisations operate safely and securely in an increasingly connected world by starting at the Edge.
MicroSec empowers organisations to take control over its environment through our unique approach of Security by Design at the Edge for IoT, IIoT and OT devices and networks, from proactively preventing attacks from the inside-out, stopping zero-day attacks on devices, preventing device and network intrusions, creating chains of trust between devices, and reducing your operational risks and costs starting from the device to the cloud.
MineSec helps their customers to drive innovations in secure and seamless contactless payment solution globally.
The white-label SoftPOS solution from MineSec provides ease of integration and customisation for various business needs, allowing customers to scale confidently and competitively to meet every market’s unique needs.
EarthID
EarthID is an award-winning Decentralized Identity Management platform that allows secure and frictionless exchange and verification of identity information.
EarthID helps organisations reduce identity frauds, and save time and costs associated with customer onboarding processes, while ensuring privacy and regulatory compliance. Powered by third-generation DLT, Artificial Intelligence and latest biometric security, EarthID provides a Universal ID Solution that is resistant to cyberattacks and compliant with global Data Regulations like GDPR and PDPB.
Syntric AI
Syntric AI helps biometrics companies fix their biggest challenge: data collection & labelling. Unlock Synthetic Data to lower your data collection time from weeks to hours, cover all edge cases and eradicate bias.
Premier FinTech LLC
Premier Fintech LLC is licensed by Qatar Financial Centre for Financial Technology Service and IT Consultancy Activities to provide the latest technologies to the market.
Premier is an innovative business and global supplier of Fintech & IT solutions with an exclusivity contract with top brands in the industry.
1ID
1ID is accelerator funded Travel Tech startup specialised in touchless immigration and security clearance solutions that use Blockchain technology to provide digital passports for travelelrs and real-time Arrival and Departure Control Dashboards for airports. 1ID creates digital identities for travellers through its Digital Passport platform and issues a unique virtual identification number using facial verification that is stored on blockchain.
Identity Week Asia Suntec Convention Centre, Singapore September 6-7, 2022
Identity Week Asia is a conference and exhibition bringing together the brightest minds in the identity sector to promote innovation, new thinking, and more effective identity solutions.
The Asia Pacific is the fastest growing global region for the identity market, proving itself to be one of the world’s major identity hubs driving innovation and development.
Identity Week Asia provides a platform where global experts, industry leaders and businesses come together to share insights, ideas and technology to tackle the significant challenges facing the identity ecosystem. Driven by the continued global pandemic and by the number of developing economies in this region, Asia Pacific has seen a huge demand in digital identity solutions and security to curtail digital fraud and cyberattacks.
The Asia Pacific digital identity solutions market will grow by 21% annually with a total addressable market cap of $148.74 billion over 2020-2030. The cybersecurity market was valued at USD 30.45 billion in 2019 and is expected to register a CAGR of 18.3% between 2021 – 2026.
Held over two jam-packed days, hear from more than 100 world-renowned industry experts as they discuss market developments and threats, cutting-edge technologies and their convergence.
For the vast majority of organisations (92%), fraud management is either extremely important or somewhat important to their overall business strategy, according to a new study conducted by Gatepoint Research and sponsored by leading digital identity firm Telesign.
The report, which explores the fraud management strategies of business executives and decision makers across corporate America, also found that a majority of respondents (53%) admit their organisation has gaps in their ability to mitigate fraud, rating themselves as somewhat to very ineffective.
“Fraud management is vitally important because it increases confidence in your organisation,” said Joe Burton, CEO of Telesign. “With so much of our daily lives conducted online, fraud prevention is now a critical component for business success. People trust the platforms they use to be safe, and they blame the brand if that trust is violated.”
Fraud continues to plague organisations
When asked what fraud schemes or tactics were of top concern to their business this year, 50% of respondents cited account takeover, followed by phishing at 45%, new account fraud at 38%, and fake users at 21%.
The report also found that the battle against fraud is unrelenting. Nearly two-thirds of respondents (65%) revealed that the number of fraud attempts at their organisations either stayed the same or increased by 25% or more over the last year.
Surprisingly, even in the face of security gaps and rising fraud attempts, a high number of those surveyed (43%) have not added to their fraud prevention budget, while just 29% of respondents increased their fraud prevention budget this year.
Challenges remain when fighting fraud
Fraud is now costing businesses and individuals across the world more than $5 trillion annually. Bad actors are getting more and more sophisticated, so putting in measures to stop fraudsters and mitigate attacks is crucial.
When it comes to fighting fraud and fraud prevention, multi-factor authentication has had the most significant impact by far, with 73% of respondents citing it as their top preventive technology. Also effective, say 52%, are AI and machine learning technologies, followed by digital identity verification at 40%.
Organisations feel as though they are fighting an uphill battle when minimising fraud. Over 60% of the respondents cited lack of customer awareness as their biggest challenge against fraud. This was followed by quickly evolving fraud tactics at 56% and the fact that fraudsters have greater access to customer information on the internet, cited by 40% of respondents.
For more information, download the complete report here or learn more in this newly published whitepaper by Telesign.
Identity Week Europe is BACK! Europe’s No.1 conference and exhibition dedicated to all things identity is returning in 2023, but for the first time ever in Amsterdam.
Save the date for our biggest and best edition to date from 13-14 June 2023 at the iconic RAI, Amsterdam.
The unmissable event of the year; join over 5,000+ identity disruptors, innovators, policy-makers and big-thinkers across finance, government, retail, e-commerce, healthcare, travel, social media and beyond.
250+ speakers
Iconic keynote speeches
6 conference stages
Presentations from world-leading brands
Enlightening panel discussions with identity experts
Dynamic roundtable discussions
Exhibition showcase with 250+ brands
Peer to peer networking
Start-up village
Start-up pitches
Networking events
Access to the show app
See all our highlights round-up of this year’s show back in June.
From biometrics and decentralised identity, to identity management, enhanced data and digital ID, Identity Week Europe encapsulated the hottest trends and discussion areas in identity.
But don’t just take our word for it. Compiled in this report are numerous testimonials from speakers and supporters at Identity Week Europe 2022 who shared their predictions for the future of identity domains, as technology advances and enterprise and consumer demands increase.
Across the international marketplace, identity and financial security is among one of most valued reasons for technology advances, enabling citizens to have the ultimate freedom and protection over their personal information. While the west of the world takes strides in securely managing data, developing markets are also looking to change the trajectory of citizen’s lives and boost their economies through digital transformation.
Identity Week Europe 2022 Testimonials
“It’s so hard to pin down what the key trends in the identity industry are currently because there’s so many of them!” – Duncan McIntosh, Product Owner, CIAM, NatWest Group.
“Data’s always been important and it continues to get more important”, says Andy Preston, Head of Compliance Delivery at Entain.
“We’re going in a direction of more decentralisation – it’s good for the privacy perspective – It’s also good from a security perspective” – Uko Sarekanno, Deputy Executive Director for Information Management and Processes ,Frontex, European Border and Coast Guard Agency.
“The future of identity management will rely on a multitude of new biometric modalities that will join the already existing modalities” – Guido Brockmann, Head of Product Management Sector, Eu-Lisa
“In the next 18 months, we will see more and more the digitalisation of documents and, of course, we have the coexistence of physical documents and electronic documents” – Matthias Köhler, Vice President, Mühlbauer
Join our complementary sister event to Identity Week Europe, for the APAC region, which is carefully curated to reflect to happening trends in this identity market.
The Asia Pacific is the fastest growing global region for the identity market, proving itself to be one of the world’s major identity hubs driving innovation and development.
The Asia Pacific digital identity solutions market is anticipated to grow by 21% annually with a total addressable market cap of $148.74 billion over 2020-2030.
Tickets are valid for 2 full days of the conference in addition to free general access to the exhibition floor. Government representatives attend FREE.
With experience spanning both Asian and European secure identity markets, Ravi Purohit, Associate Director at Rakuten will be speaking at Identity Week Asia 2022, taking part in a panel discussion which focuses on Asia’s secure online payments ecosystem through robust ID technology.
At Identity Week Europe, back in June, Ravi predicted a passwordless future for hardware, helping to eliminate the risk of user data being exploited with weak password protection. He elaborated saying that while password systems are easily implemented, they are prone to security threats and can be easily guessed.
Identity Week Asia is a conference and exhibition bringing together the brightest minds in the identity sector to promote innovation, new thinking, and more effective identity solutions. Hear amazing speakers across diverse identity domains in the APAC region on September 6-7, 2022.
