Yearly Archives: 2019

Spotlight on Trulioo

  1. What is the mission and vision of Trulioo? 

Trulioo is an identity verification company, its team dedicated to building a framework of trust online, developing best privacy practices and advancing financial inclusion.

They are on a mission to help provide verifiable identities for everyone who wants and needs access to the endless opportunities and possibilities manifested by the online, borderless economy, regardless of their circumstances.

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  1. Why is trustworthy digital identity critical for existing and emerging markets?

For existing markets, digital identity delivers synergies with the modern economy. As more and more aspects of modern business and society occur online, seamless identity increases the speed of operations while ensuring safety and trust for all.

  1. How will digital identity transform the Canadian and global economy? How does Trulioo address challenges associated with this transformation?

Already in some jurisdictions, new businesses can be created online within minutes. The ability to interact and transact is increased when trust is instant, and will be further amplified with new unimagined opportunities just around the corner.

While speed is valuable, a “Pandora’s box” of potential issues comes into play if security and compliance are compromised. It is vital that privacy be protected and that interactions take place with the entity or person that they claim to be. Trulioo’s mandate of trust, privacy and inclusion is focused on delivering opportunities to the next generation of internet users while ensuring that proper protections are in place.

  1. What role does Canada have to play as a leader in the space?

From Trulioo’s point of view, as a member of the G8, a liberal democracy with strong beliefs in multiculturalism, as well as an advanced high-tech economy, Canada has an obligation to drive digital identity forward. Without privacy protections, digital identity could become an authoritarian tool. Without inclusion, digital identity could become an instrument of the wealthy and further divide the haves and have-nots. Without trust, economic opportunities will wither. Canada and Canadians have a reputation of being trustworthy brokers, as it were, and using our global respect to help spread the power of digital identity as an international imperative is one of the greatest achievements that Canada can contribute in the 21st century.

  1. Why did Trulioo join the DIACC?

Trulioo joined the DIACC because they are invested in the success of verifiable digital identity, especially for Canadian organizations that want to participate in the global digital economy. They hope to share what they’ve learned from experience verifying individuals and business across the globe — insights about jurisdictions, regulatory requirements, cultural nuances, use cases, privacy standards and risk appetites.

  1. What else should we know about Trulioo? 

Trulioo is a homegrown Canadian company, headquartered in Vancouver, BC. Founders Stephen Ufford and Tanis Jorge are committed to empowering technology leaders and change agents for financial inclusion. To that end, Trulioo is growing its local workforce and fueling the Canadian job market as the company expands.

DIACC Industry Insights: Digital ID in Government Services

This ‘mini white paper’ is the fifth in a series prepared by DIACC, highlighting the potential impact that digital ID could have on key sectors of the Canadian (and global) economy.  

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The focus of this paper is on government services. Find out what you need to know about the applications of digital ID in the industry, and how it impacts key stakeholders, including citizens, businesses and policymakers.

Read the full paper: DIACC Industry Insights: Digital ID in Government Services

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Spotlight on Pragma Business and Technologies Inc.

  1. What is the mission and vision of Pragma Business and Technologies Inc.?

Our vision is to give every citizen of the world a verifiable, self-sovereign digital identity (sometimes called decentralized identity), where each citizen is in control of their own personal data.

Our mission is to facilitate and contribute to the development of digital trust ecosystems in the province of Quebec. These ecosystems of trust will be required to fully interoperate with all other systems in Canada and, as standards are being developed and emerge, with the rest of the world. 

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2. Why is trustworthy digital identity critical for existing and emerging markets?

For us, privacy means freedom. And right now, privacy is almost nonexistent, as we are not in control of our personal data and our consent is too often taken for granted or forced upon us. To combat this daily challenge of our freedom, we need to start giving back to the legitimate information holder – the citizen – the control of his or her personal data.

3. How will digital identity transform the Canadian and global economy? How does Pragma Business and Technologies Inc. address challenges associated with this transformation?

Providing all Canadians with a digital identity will have many transformative benefits: people will have better control of their personal data, have an improved user experience with reduced friction, and increased trust. This will also contribute to preventing fraud and increase privacy, which stand as challenges today.
Pragma is interested in playing a role in this ecosystem of trust, and joining the DIACC represents a first step towards playing that role.

4. What role does Canada have to play as a leader in the space?

Canada, being an active leader of the Digital 9 initiative, is already at the forefront of the global digital identity transformation. With its recently developed Digital Charter, Canada can clearly lead the way by contributing, among other things, to the development of W3C standards that will make decentralized digital identity a reality. This transformation is still in its infancy and much of the work remains to be done.

5. Why did Pragma Business and Technologies Inc. join the DIACC?

Over the past decade, the DIACC has had an important role in bringing together the public and private sectors to sit down and jointly develop a digital identity trust framework. For us, it was important to become a member of the DIACC to be at the table with other Canadian leaders that are all working towards the same goal of realizing that vision of a unified digital identity. We want to play an active role in this space, and we want to collaborate and learn.

6. What else should we know about Pragma Business and Technologies Inc.?

There are many ways to contribute to the vast undertaking of making digital identity a reality. We are currently exploring which contributions are most valuable, and have identified some key projects. In the meantime, we are open to evaluating any project collaboration opportunities that show promise and potential value in the pursuit of digital identity in Canada.

Les Canadiens Sont Prêts à Adopter L’Identité Numérique


LES CANADIENS SONT PRÊTS À ADOPTER L’IDENTITÉ NUMÉRIQUE : 

Selon un sondage du DIACC, 70 pour cent des Canadiens veulent que les gouvernements collaborent avec le secteur privé pour instaurer l’identité numérique


Lire le Rapport

OTTAWA, le 15 octobre 2019 – Selon une nouvelle étude du Digital ID and Authentication Council of Canada (DIACC), plus de 70 pour cent des Canadiens veulent que les gouvernements et le secteur privé collaborent pour instaurer au Canada un cadre d’identité numérique permettant d’avoir un accès accru et inclusif aux prestations gouvernementales, aux soins de santé, au commerce électronique et aux services financiers. 


L’étude du DIACC a démontré que les Canadiens sont à l’aise pour utiliser une identité numérique afin d’authentifier leur engagement en ligne auprès des prestataires de services quotidiens œuvrant dans différents secteurs, notamment :

  • Organismes gouvernementaux (76 pour cent)
  • Institutions financières (75 pour cent) 
  • Fournisseurs de soins de santé (74 pour cent) 
  • Cartes de crédit (66 pour cent)
  • Télécommunications (63 pour cent) 
  • Commerce électronique (63 pour cent) 

« L’identité numérique a des répercussions considérables pour tous les Canadiens, et nous sommes ravis que ceux-ci y trouvent un intérêt et attendons avec impatience que les gouvernements et le secteur privé collaborent pour en faire une réalité, a déclaré Joni Brennan, présidente du DIACC. Une stratégie pancanadienne de l’identité numérique – fondée dans un esprit de collaboration, d’ouverture et de confiance – aidera à faire croître l’économie, à améliorer la sécurité, à simplifier les transactions et à favoriser une plus grande inclusion. »


L’étude menée par Burak Jacobson a aussi démontré que les Canadiens passent plus d’un tiers de leur temps en ligne. Près de 80 pour cent des Canadiens ont pris des mesures pour protéger leurs renseignements personnels en ligne, mais 68 pour cent d’entre eux admettent qu’ils les partagent pour une question de commodité. 


En outre, les Canadiens se préoccupent de la façon dont les plateformes de réseaux sociaux entreposent leurs renseignements personnels; à peine un tiers (34 pour cent) fait confiance aux plateformes de réseaux sociaux pour garder leurs renseignements en sécurité, contre 83 pour cent qui font davantage confiance au gouvernement et aux institutions financières (81 pour cent) pour ce qui est de protéger leurs renseignements personnels.


Les gouvernements et quelques institutions financières sont en train d’adopter l’identité numérique, mais il y a actuellement un certain nombre de transactions financières numériques qui ne sont pas sécuritaires et qui pourraient le devenir si elles étaient effectuées à l’aide d’une identité numérique. 


AUTRES CONSTATS


  • La suppression des témoins et le désabonnement sont les interventions que les Canadiens effectuent le plus souvent pour protéger leurs renseignements personnels.
  • Les Canadiens ont besoin de comprendre l’identité numérique et d’en savoir davantage à son sujet, car près de la moitié (46 pour cent) d’entre eux affirment ne pas en connaître le principe. 

À PROPOS DU DIACC


Fruit du groupe de travail du gouvernement fédéral chargé d’examiner le système de paiement, le DIACC est une coalition à but non lucratif de leaders des secteurs public et privé qui se sont engagés à développer un cadre canadien d’identité et d’authentification numériques afin que le Canada puisse participer pleinement et d’une manière sécuritaire à l’économie mondiale. Les membres du DIACC incluent des représentants des gouvernements fédéral et provinciaux ainsi que des leaders du secteur privé. Pour plus de renseignements, visitez diacc.ca.

À PROPOS DE L’ÉTUDE

Burak Jacobson Research Partners est une firme d’études de marché qui offre des services-conseils complets et a son siège social à Toronto, en Ontario. Fondée en 1981, Burak Jacobson a mené plus de 4 000 projets de recherche dans 39 pays et diverses industries.

Spotlight on Oaro

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  1. What is the mission and vision of Oaro?

We use the digital world to verify the real one. At Oaro, it’s not about technology, it’s about truth. 

When we’re asked what Oaro does, there are a few different answers we could give. We create and deliver secure, enterprise-grade applications to enhance our clients’ ability to thrive in the digital economy. We contribute to a future where the gap between information in the digital realm and the real world is much narrower than today. That’s why major institutions and businesses from across the globe call us when they need to verify first, trust second. Onboard, and admit your people faster, keep their information and yours secure — and help the truth move a whole lot faster.

2. Why is trustworthy digital identity critical for existing and emerging markets?

The word ‘trust’ originates from Old Norse treysta, meaning “to rely on, make strong and safe.” The digital identity landscape today is anything but treysta-worthy! Data breaches, password overload and the privacy abuses of big tech have all contributed to the situation we currently find ourselves in. Our personal data is siloed, often for sale to the highest bidder (legally and illegally), and these problems just seem to be multiplying as digital services become pervasive. 

Most of us will agree that digitization is desirable, and that it unlocks significant economic value. At Oaro, we are building products that go beyond pure identity functionalities, but most use cases our clients share with us cannot be successful without a reliable identity solution at the core. We also don’t believe there is going to be a major distinction between technology in the developed world and the emerging markets going forward. If anything, emerging markets enjoy the advantage of agility when it comes to choosing the right tools for the job. We have boots on the ground in Mexico, and are seeing strong uptake of Oaro Identity there. Follow us on social media or visit Oaro.net for an announcement in the coming weeks! 

3. How will digital identity transform the Canadian and global economy? How does Oaro address challenges associated with this transformation?

Much has been said on this topic already, and while we agree entirely with DIACC’s estimates of the economic benefits of digital identity for the Canadian economy, we are cautious about predicting the future. Rather than feeding the hype cycle, Oaro has taken the path of quietly working with our clients to solve real business problems, while rigorously measuring the results.  

Oaro is focused on creating trust in a digital world. Our technology is revolutionizing how leading organizations authenticate and authorize the flow of their digital information. Our product, Oaro Identity, connects people to their identities and simplifies your business processes while doing it. Normally, increased security comes with additional layers of process, but the opposite is true with Oaro Identity —  as processes become simpler, they become more secure. 

4. What role does Canada have to play as a leader in the space?

Canada has a long tradition of leadership in when it comes to setting standards. 150 years ago, North America had 144 official time zones. One fateful night, railroad engineer Sir Sandford Fleming was forced to spend the night in a train station because of confused timetables. This uncomfortable situation led him to advocate tirelessly for international standard time, which we now take for granted. 

Oaro’s position is that digital identity is broken, and much like the world before standard time, we are all suffering from the resulting confusion. Canadian businesses have demonstrated global leadership in the identity space, and it is now up to Canadians themselves to embrace these new technologies in everyday life. 


5. Why did Oaro join the DIACC?

Oaro strongly believes that solving the challenge of modernizing digital identity takes a collaborative approach. We are proactively working with several international organizations, such as the International Civil Aviation Authority’s (ICAO) newly formed Trust Framework Study Group, which seeks to establish identity standards for global aviation security. We are also a member and node operator of Alastria in Spain, a non-profit association which promotes standards-based digital identity in Spain and throughout Europe. When we met other DIACC members at IdentityNORTH and saw the valuable work being done, we knew it would be a great fit for Oaro. 

6. What else should we know about Oaro?

Working with the Saint John Airport, we created a first-of-it’s-kind solution for secure entry for airport employees and contractors. 

As one of the fastest-growing small airports in Canada, serving nearly 300,000 passengers annually, Saint John Airport has long been recognized as one of Canada’s most innovative flight hubs. The executive team has focused on putting into place systems that can scale as the airport grows. With Oaro’s help, Saint John was able to implement a system where authorized employees only had to approach a secure door, and face into a camera in order to gain access. 

Oaro’s technology recognizes full-motion video, so would-be criminals can’t gain access using high resolution photographs. Lost or stolen swipe cards are a non-issue. Each user is authenticated in real time, and a tamper-proof record of their access is stored. The result is an easily scalable, entirely secure system that leveraged a large portion of the airport’s existing technology spend to improve both safety and efficiency. 

Spotlight on Libro Credit Union

  1. What is the mission and vision of Libro Credit Union?

Libro is dedicated to growing prosperity in Southwestern Ontario by transforming banking.

We are a democracy and a cooperative, led by our social purpose. Every dollar we make is another dollar we can use to grow prosperity. And Libro is a B Corp – that means we have achieved accreditation as part of a global movement to use business as a force for good.

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2. Why is trustworthy digital identity critical for existing and emerging markets?

Fraud and hacking continue to increase. Individuals and businesses want to safely and securely do business online, access health records, open accounts and more.  

Open Banking and Payment Modernization will enable the sharing of more data than ever before.

It’s critical to develop a digital identity framework that allows Canadians to use digital services while protecting their identity and data.

3. How will digital identity transform the Canadian and global economy? How does Libro Credit Union address challenges associated with this transformation?

A secure and trusted digital identity framework can benefit the economy in many ways: reduce fraud, eliminate inefficient and manual paper-based processes and enable seamless service delivery.

Libro is dedicated to growing prosperity in Southwestern Ontario by transforming banking. Our purpose is to help owners achieve their goals and support businesses to create a thriving local economy and contribute to a strong and prosperous communities.

4. What role does Canada have to play as a leader in the space?

Canada is a leader in financial services and protecting the privacy interests of Canadians. We have the opportunity for leaders from all sectors such as Financial, Health Care, Government, Education and Technology to collaborate on a secure and trusted solution for Canadians.

5. Why did Libro Credit Union join the DIACC?

DIACC brings together thought leaders from all sectors to collaborate on digital identity.  Libro joined DIACC to be part of the conversation, contribute and learn.

6. What else should we know about Libro Credit Union?

Everyone’s an Owner – shareholder value is the same as customer value.

Libro is based on coaching principles, for both staff and Owners. That means helping those around you to achieve more, by guiding them positively. We set people up for success. Everybody has a coach.

Libro always takes the long-term view. We’ll build a relationship with Owners over time, instead of trying to sell you something in the short-term. We’re looking for a customer relationship that lasts.

Spotlight on GET Group NA

  1. What is the mission and vision of GET Group NA?
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GET Group North America has long been committed to combating identification fraud with cutting-edge, end-to-end solutions and personalization capabilities, enabling the most secure ID credentials possible.

Identity solutions are going mobile, and the security of physical documents must carry into this new age. GET Group NA is an early innovator in this space, ensuring that mobile driver’s licenses (mDLs) are standardized to support global interoperability and protect citizen privacy. We are looking to bring standardized in-person interactions into digital identity which has, to date, operated online.


2. Why is trustworthy digital identity critical for existing and emerging markets?

Many use cases we engage in daily require a government issued identity credential. While many other digital identities are becoming more trustworthy, the gap still exists for covering compliance and legal requirements that ID cards currently fulfill. The opportunity exists to improve privacy and control while streamlining physical world processes.

We’ve been working actively with the International Organization of Standardization (ISO) in developing a pivotal standard for mobile ID technology — ISO 18013-5 — which will become the international standard for mDLs upon publication in 2019 and will specify technical and interoperability requirements. The approach in ISO 18013–5 provides mechanisms to obtain and trust the data from an mDL that is similar to how ePassports are trusted. Developing applications on the ISO standard will enable more flexible options for how mDLs can be used globally.

3. How will digital identity transform the Canadian and global economy? How does GET Group NA address challenges associated with this transformation?

While fraud prevention and increased efficiency are often cited as benefits of mobile ID adoption, GET Group NA is also excited about the opportunities for changing the way services can be both delivered and personalized without compromise to citizen privacy. Existing services can be delivered in innovative ways, with the chance to re-personalize customer service and save citizens a considerable amount of time.

More and more daily transactions are taking place on mobile devices, from banking to shopping, and beyond. Having your ID right on your phone adds convenience, as tech-savvy consumers prefer to no longer carry a wallet at all. Increased accuracy will benefit Verifiers, and utilizing multiple modes of standardized interaction will permit Verifiers to provide services to customers in new, streamlined ways. This has the potential to transform economies around the world.  

GET Group NA’s GET Mobile ID™ is a mobile identity platform that combines compliance with identity security requirements, privacy by design, and American Association of Motor Vehicles Administrators (AAMVA) standards with the convenience and usability of a mobile application. GET Mobile ID can allow users to securely and efficiently convert to digital identification. Providing a high assurance identity on a user’s mobile device represents a convenient, secure and instant alternative to traditional physical identification documents. GET Mobile ID utilizes formidable data encryption algorithms and communication security measures. It is about putting the citizen in control of their government-issued identity documents and permitting them to securely use their identity everywhere – at point of sale, clubs, stadiums, travel, and for accessing government services.  

4. What role does Canada have to play as a leader in the space?

Canada has a united effort led by government, business, and thought leaders to build the most comprehensive framework tailored for Canadian interests.  The example being set for the rest of the world makes the DIACC effort worthy of participation.  Canada has always led the way in protecting the privacy interests of citizens, and will continue to do so.

5. Why did GET Group NA join the DIACC?

GET Group NA’s history in passport documents has led us to want to mobilize Canadian citizens with ISO 18013-5 standard-compliant identity.

We’re eager to bring our government identity document expertise into DIACC to apply to the Trust Framework, and are actively seeking a Mobile ID or mDL pilot in Canada.

6. What else should we know about GET Group NA?

GET Mobile ID is the first mobile ID solution to support ISO 18013-5-compliant near-field communication (NFC) identity transactions for retail on both iOS and Android devices. GET Group NA and our global partner Scytáles AB are the first to extend the new ISO 18013-5 standard so that iOS devices can also use NFC for data transmission, or allow NFC tap followed by either local or online data transfer, all under citizen control. 

Supporting NFC for both iOS and Android devices is critical to developing a variety of more secure and convenient retail, payment, and ID verification use cases for mobile driver’s licenses and other forms of mobile ID.

GET Group North America recently announced a new technology solution, GET Mobile Administrator, which will enable DMVs and other ID card Issuing Authorities to provide mobile driver’s licenses (mDLs) and other forms of mobile identification (mIDs) that comply with global interoperability standards. Read the press release.

Spotlight on Canada Deposit Insurance Corporation (CDIC)

What is the mission and vision of CDIC?

CDIC

CDIC is a global leader in deposit insurance and resolution.  We are a federal Crown corporation – a part of the Government of Canada – that protects eligible deposits at each of our member financial institutions (banks, trust and loan companies, associations governed by the Cooperative Credit Associations Act that take deposits, and federal credit unions).  In addition, CDIC is Canada’s resolution authority, which means we take the lead in handling the failure of our members – from smallest to largest – to protect eligible deposits.

Why is trustworthy digital identity critical for existing and emerging markets?

Canadians perform billions of transactions through our member institutions each year. A trustworthy digital identity would provide Canadians with confidence that their data is being used as intended and in a secure manner when transacting digitally.

As a deposit insurer and resolution authority, during a failure, CDIC would require line of sight to accurate deposit and depositor data so money can be quickly and securely reimbursed.  A digital identity could be used to authenticate a depositor online to assure CDIC that payment is going to the right depositor at the right time.

How will digital identity transform the Canadian and global economy?  How does CDIC address challenges associated with this transformation?

We believe Canadians should have choice in how they receive information, as well as payments – even in the event of a bank failure.

CDIC strives to stay abreast of trends and appetites of its stakeholders, particularly eligible depositors, and routinely maintains and modernizes its reimbursement processes to optimize information and payments available to Canadians in the event of a failure.   A digital identity would help to expand our depth of online services to Canadians and reduce the potential for fraud or misuse of sensitive data so that depositors can have choice and control of payment methods. 

What role does Canada have to play as a leader in this space?

CDIC is part of the federal financial safety net helping to ensure a stable financial system and a healthy economy.  We know that financial services are critical to all Canadians and digital financial services are proliferating at a significant pace.  Participating in the development of a digital identity framework supports our mandate to act for the benefit of depositors and contribute to financial stability. 

Why did CDIC join DIACC?

CDIC joined DIACC to inform our transformation journey and to contribute to thought-leadership in digital authentication, which affects the depositors we protect and the members institutions we regulate.

What else should we know about CDIC?

Since 1967, we have handled 43 member institution failures that touched over 2 million Canadians. And throughout that time, no depositor has lost a single dollar that was protected by CDIC.

As Canadians think about their futures and the security of their money, they should rest assured that CDIC will be there to protect their savings at all our member institutions.

Spotlight on 100101075 Tech Inc.

  1. What is the mission and vision of 100101075 Tech Inc.? 

Our vision is to create a world where everyone is able to conduct the business they need to conduct, safely, in a digital environment. To that end, our mission is to create an encrypted communication tool that will allow users to identify the human beings they are interacting with, “meet” with those people, and sign all forms of documents, including affidavits, statutory declarations, land title documents and wills, digitally. 

2. Why is trustworthy digital identity critical for existing and emerging markets? 

It sounds obvious, and maybe a little trite, to say that existing and emerging markets require a trustworthy digital identity, but it is absolutely true. For example, lawyers are currently unable to meet with their clients virtually to confirm their identity and sign most documents. Without a trusted digital identity, large segments of our society will simply not be able to participate in the digital economy. 

3. How will digital identity transform the Canadian and global economy? How does 100101075 Tech Inc. address challenges associated with this transformation? 

The initial use case for our platform will be people in the legal ecosystem, such as lawyers, banks and title insurance companies. This is an area that is desperate for disruptive innovation but there are significant barriers preventing that innovation from happening. Our platform will fundamentally change how people in the legal system interact, allow us to do a better job of preventing fraud and also improve the level of service we are providing to our clients. 

4. What role does Canada have to play as a leader in the space? 

We believe that Canada can be a world leader in the digital identity space. However, all segments of our society will need to work together to create the systemic change that needs to occur. 

5. Why did 100101075 Tech Inc. join the DIACC? 

We have joined the DIACC to connect with leaders in the digital identity space, learn about the work they are doing and hopefully contribute to the creation of a trusted digital identity framework. 

6. What else should we know about 100101075 Tech Inc.? 

We are currently conducting a pilot project with the Law Society of Alberta to test our communication tool and that pilot is set to start in July 2019. We currently have 50 entities, including law firms, law societies across Canada, lenders, title insurance companies and insurance companies participating in the pilot as observers and we would welcome any DIACC member who has an interest in this pilot project to participate as an observer.

Spotlight on Onfido

Meet Onfido

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  1. What is the mission and vision of Onfido?

Our company mission is to create an open world where identity is the key to access. Over the coming years, everything you access online, from opening a bank account, to checking into a hotel or ordering prescription drugs will be based on your ability to easily prove your legal identity. We are standardizing that industry by helping everyone prove their legal identity with just a photo of their government issued ID and a selfie. 

2. Why is trustworthy digital identity critical for existing and emerging markets?

Identity theft is the largest and fastest-growing crime in the world. That is holding back human progress, which has always been based on our ability to build trust and cooperate. Roughly 5 per cent of global GDP, or $2 trillion is laundered money which is used for human trafficking, drug trafficking and terrorist activity. Less than 1 per cent of this is seized by authorities. 

Trust is needed for any transaction to work. The oldest method of building trust is to meet others face to face – but that’s not scalable. More recently, our global economy has been underpinned by the credit bureaus – but since the recent breaches (e.g., Desjardins), this method no longer offers any security. The credit bureaus also exclude half the world’s adult population who are underbanked or unbanked.

It is time to move away from the centralised credit bureau model, to a decentralised portable identity model where consumers own and control their digital identity and instead of taking hours to verify their identity, the process takes 30 seconds. Onfido is actively working on making this a reality. For example, we are part of the UK’s FCA sandbox, looking to create and validate standards around decentralized identity, we are a founding partner of the Better Identity Coalition and most recently, we launched a new identity working group with the FIDO Alliance.

3.  What role does Canada have to play as a leader in the space?

When it comes to spearheading a decentralized identity, Canada is really leading the way. The news of SecureKey partnering with five mainstream Canadian banks to offer an “open banking” approach of securely sharing customer data, is years ahead of other countries. Soon, Canadians with bank accounts from these five banks will have the benefit of being able to securely share their data in order to see their health records, open a new bank account, or get a new mobile phone. This not only makes it easier for consumers to share their data, but unlocks customer value for service providers.

As Canada continues to test and set the tone and guard rails for this technology, other countries will follow.

4. Why did Onfido join the DIACC?

Onfido wants to be an enabler in the portable identity space.  This means partnering and helping as many organizations as possible pursue decentralized identity models and put them into practice. By joining the DIACC, we are well placed to learn and contribute from leaders in this space.

5. What else should we know about Onfido?

We work with 1,500 companies spanning a number of industries, including financial services, travel, insurance, healthcare and gaming. Companies wishing to know more about what we do should go to our website: onfido.com, join one of our demos or give us a call. We are happy to help!

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