Myth or Reality? Unlocking Bank ID in the UK
Open Banking Excellence
NOVEMBER 7, 2023
Many people in the UK are opposed to a government-issued ID. In some sections of society there is still an innate aversion to the idea of government having a deeper sight of citizen transactions. This creates an opportunity for the financial services sector. Banks are in a very good position to play the role of the trusted party in an identity scheme.
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