Global security leader joins the OIX to help drive secure digital ID adoption

 

UK, 30 June 2022 - OneSpan, the digital agreements security company, has joined the Open Identity Exchange (OIX) community to contribute to establishing and safeguarding trust in digital transactions and ensure the future success of digital ID worldwide.

 

Trusted by more than 60% of the world’s largest 100 banks and thousands of enterprises, OneSpan plays a crucial role in ensuring the integrity of digital identities to combat fraudulent behaviour and maintain the highest security standards.

 

Joining the OIX community, OneSpan will bring valuable insight on the way forward for trusted digital interactions. With multiple methods of digital interactions being adopted, organisations are facing increased levels of identity and credential fraud. OneSpan recognises the value of working with the OIX community to address challenges and ensure the future success of trusted digital identities.

 

OneSpan Chief Product Officer, Michael Klieman, said: “Security and trust are key to the future of digital ID adoption, which must be simple, user-friendly, and in compliance with local laws and regulations. OneSpan has a history of helping UK organisations mitigate fraud risk, digitize internal and consumer-facing agreement processes, and comply with industry regulations. We look forward to working with OIX to help shape the future of the digital identity market.”

 

OneSpan Insurance and Wealth Sales Director, Dave Allsopp, added: “The work OneSpan has been doing in this area is forging critical paths to a more secure digital ID future. Collaboration from all organisations in the business community will be crucial if we want to get to a digital ID future that works for everyone and ensures the interests of the consumer at its heart. OIX is playing a valuable role by providing a forum where this can happen, and we are pleased to be able to contribute our knowledge and expertise to a community that is driving positive developments in the growth of digital identities.”  

 

Nick Mothershaw, Chief Identity Strategist at OIX, said: “Digital ID has vast potential for everyone involved, but all the parties need to be able to trust it, no matter what sector or part of the world they are in. OIX is delighted to welcome OneSpan as a member of the OIX community. The future of digital ID depends on global adoption and has enormous benefits for society, contributing decisively to reducing fraud and simplifying people's lives. OneSpan is committed to the adoption of trusted identity solutions, and their insight will be invaluable to our mission.”

OIX has 63 member organisations across various sectors, comprising of ID scheme operators, ID tech vendors, ID providers, consultancies, government and private sector. The executive board members include: Barclays, Deloitte, Equifax, International Airlines Group, LexisNexis, Microsoft, Sopra Steria and Timpson.

 

ENDS

For more information, please contact Serj Hallam 

E: communications@openidentityexchange.org 

T: +44 (0) 7789 372771

 

About The Open Identity Exchange (OIX)

The OIX is a non-profit trade organisation on a mission to create a world where everyone can prove their identity and eligibility anywhere through a universally trusted ID. OIX is a community for all those involved in the ID sector to connect and collaborate, developing the guidance needed for inter-operable, trusted identities. Through our definition of, and education on Trust Frameworks, we create the rules, tools and confidence that will allow every individual a trusted, universally accepted, identity.

About OneSpan

OneSpan helps organizations accelerate digital transformations by enabling secure, compliant, and refreshingly easy customer agreements and transaction experiences. Organizations requiring high assurance security, including the integrity of end-users and the fidelity of transaction records behind every agreement, choose OneSpan to simplify and secure business processes with their partners and customers. Trusted by global blue-chip enterprises, including more than 60% of the world’s largest 100 banks, OneSpan processes millions of digital agreements and billions of transactions in 100+ countries annually.

For more information, go to www.onespan.com. You can also follow @OneSpan on Twitter or visit us on LinkedIn and Facebook.