Online identity is one of the most important issues in today’s global economy. This was the dominant theme at FinTechWeek this month where I gave an update to the industy on what is now being described as Identity 3.0. Whether the discussion was around cyber risk, fraud or blockchain, almost every conversation referenced identity.
The online identity, verification and trust space seems to be accelerating at light speed, and it’s hard to even write this short update without fearing that it will be outdated by the time you read it. So moments like these are important to take stock of what’s happening around us and how our original vision is being validated every day.
Here's the latest online identity news stories from around the world. This installation spans April through to June, 2015 and includes more than 50 articles relating to trust, identity, fraud and various government initiatives working to solve what is quickly becoming one of the biggest challenges in our global, digital economy - proving you are who you say you are in a purely online environment.
Empowering citizens with secure and trusted online identities is high on the priority list for many countries throughout the globe and we are really pleased to see the collaboration of government and enterprise taking off in many of the countries we operate.
A recent report into the boom of marketplace lending by Charles Moldow, General Partner, Foundation Capital, 'A Trillion Dollar Market By the People, For the People' explores the increasing need for new data sources and demonstrates how the pioneers of the industry are looking to alternative data sources for underwriting.