Implementing trusted digital IDs will create benefits for end users as well as service providers, says Nick Mothershaw, chair and executive director at the Open Identity Exchange. https://www.bankinfosecurity.com/building-trust-in-digital-identities-a-14547 [...]

The UK Joint Money Laundering Steering group (JMLSG) has this week updated its Prevention of money laundering/combating terrorist financing, Guidance for the UK Financial Sector to embrace the use of Digital Identities for the purposes of identity validation and verification. This is an excellent step forward for the acceptability of Digital Identities in a vital new use case. It will enable users to easily open a new account and instantly pass AML KYC ID checks using [...]

I wanted to update you a really positive change to the OIX governance policy made by the OIX Board. Firstly, we were concerned that general members were under-represented on the OIX board. To date, representation of the OIX general members on the OIX board has been through a single elected member who had a single vote to represent all general members. To increase general member representation, it was resolved that, going forward, there [...]

One of OIX objectives over the next 6-9 months is to produce and publish are a set of Overarching Trust Framework Guides and Interoperability Guides. A “framework of frameworks”. The purpose of this is to enable the following parties to better understand the Identity Ecosystem: [...]

The circumstances we currently find ourselves in with COVID-19 are certainly unprecedented. Social distancing and stay-at-home mean that transactions that could traditionally be face to face are now no longer possible. From shopping to undertaking legal transactions. From applying for bene [...]

For those of you unaware of LIGHTest, OIX was one of 14 partners of the consortium operating in nine European countries. LIGHTest was funded by the European Commission’s Horizon 2020 programme and aimed to build a global trust infrastructure where arbitrary authorities could publish their trust information. [...]

A Blueprint for International Oversight of the Digital Identity Market In the first of these blogs, we looked at the recommendations for the UK set out in the new report we prepared for OIX; [...]

The goal laid down in today’s budget is to create a Digital Identity market that allows users to prove who they are digitally, without the need for paper. It’s no surprise that this is cited to boost the digital economy; in fact, it will boost the economy as a whole. The OIX paper “The Economics of Identity” called out a £3.3 billion cost that the use of Digital identity could save, let alone the [...]

The Trusted Environments Alpha Project is progressing well with three workshops and a kickoff having already taken place. The workshops are covering three of the deliverables: 1. Agreeing a base set of implementation standards 2. Meta data mod [...]

Economics of Identity: The Road to 2020 Following Up: Further information regarding the Proposed Working Groups Following the Economics of Identity Conference in collaboration with techUK, four working groups are now in the process of being set up: [...]