Tag Archives: spotlight

1. What is the mission and vision of IndyKite?

Backed by leading venture firms and based in San Francisco, IndyKite is building a new category of data management and digital identity services by capturing, connecting and controlling data across the enterprise and surrounding ecosystem. With an identity-centric approach to data, IndyKite enables companies to achieve higher trust in their data products, AI and applications with enhanced visibility, data governance and granular access controls. Leveraging knowledge graph technology and machine learning, IndyKite delivers a powerful operational data layer to enable developers with flexible APIs through a growing open-source ecosystem. Learn more at [www.indykite.com](http://www.indykite.com/)

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

Modern organizations around the world are undermined by siloed data and disconnected identities. The advent of AI tools is increasing pressure for leaders to address data challenges in the organization to ensure future viability. IndyKite enables organizations to capture, connect and control their data in a flexible and dynamic way, to drive better decisions, security, machine learning and AI and solve challenges.

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

Canada holds a place of global influence as a leading voice in many sectors. By pioneering a secure and accessible digital identity framework, Canada has ensured the sustainability of its modern economy into the future and created a blueprint for other nations to follow.

5. Why did your organization join the DIACC?

As digital identity is a an essential part of the future, it needs modern approaches and frameworks that enable innovation, without being restricted by legacy thinking. DIACC is an ideal forum for public and private sector leaders to discuss, design and accelerate these approaches to ensure digital trust into the future.

6. What else should we know about your organization?

Powered by graph technology, the IndyKite platform increases visibility, trust and control of your data. This enables data pipelines to get the right data, to the right place and in the right context to drive enhanced product development and new revenue channels. It also enables the secure sharing of data beyond the bounds of your organization, and better customer journeys with native identity workflows. More details can be found at www.indykite.com

1. What is the mission and vision of Fintracker?

Fintracker’s mission and vision is to reduce risk in the Canadian Real Estate industry by simplifying Anti-Money Laundering compliance for REALTORS® with easy-to-use tools that save them time and money.

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

Fintracker provides an easy, economical, digital first experience for all REALTORS® on its platform. Our services are part of their Real Estate Board membership and provide a smart and reliable method to reduce the risk of crime in the real estate sector by strengthening identification of property buyers; collecting key records to identify risk and facilitating potential reporting to regulators as needed. Fintracker’s mobile application puts their office in their hands for a true digital first experience to the leading industry standards.

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

Canada’s strong dedication to information security, privacy and fighting financial crime principles needs to be translated into executable standards and practices for all sectors and communities to ensure that these principles are supported in technology evolution and future networks. Fintracker is committed to playing its part in this effort for REALTORS® and the Canadian Real Estate sector.

5. Why did your organization join the DIACC?

DIACC’s members include the who’s who for delivering Canada’s secure and privacy protecting methods to identify customers and protect their information including technology providers, government agencies and leading private sector companies. Fintracker’s identity technology is already sourced from an active participant in the DIACC’s Directory of Identity Management and Proofing Products (Aligned with FINTRAC guidance and endorsed by many Law Societies). This membership is an affirmation of our commitment to be the trusted and leading provider of secure solutions for the REALTORS® community in Canada.

6. What else should we know about your organization?

Fintracker is the go-to leader in providing relevant connections and value for the REALTORS® community in Canada and is eager to engage in the right partnerships. We support over 50% of the Real Estate Boards in Canada, with over 90% of Realtors able to use our services as part of their board membership.

1. What is the mission and vision of Credivera?

Mission: To bridge the way the world manages personal and professional credentials. We make people’s lives easier, safer, and more productive by seamlessly connecting trustworthy information to where it needs to go.

Vision: Transform the way we provide proof of people, products, and processes.

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

A global economy requires a shared, trusted framework for understanding that the information we are receiving is true, untampered, and current.

As we look at traditional industries, we see an urgent need to securely share information about an individual that respects both their personal data and the information required for operating a compliant organization.

As these markets interconnect, the skills of a workforce may be hybrid, remote or highly accessible but fundamentally still require a capacity to analyze, assess, and deploy talent associated with an identity based upon their current status.

Digital ID transitions the way we validate skills from subjective to objective, placing an emphasis on the work and removing stereotypes and bias limiting the advancements of new markets.

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

Digital identity will create a common language and roadmap for securely sharing important personal information that honours the individual being in control of their identity. As their identity expands to involve personal and career credentials, the nature of work and repositioning of talent globally becomes a reality.

Canada will be able to attract the talent our industries require, share expertise in emerging geographies, and remove blockages in the way current economic systems operate that require verified identification in a manual way.

Credivera is developing an open, standards-based identity platform that provides proof of certifications and work experience using verified digital credentials. As we build a digital ecosystem of businesses, issuers, and individuals, we are supporting industries to adopt new ways to capacity plan, manage compliance, and identify opportunities for new career and skill development.

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

Canada can be agile and advocate for creating and mandating a shared standard of digital identity among world leaders. Through fundamental systems that enable both public and private trust services people, markets, and personal data can flow faster and more securely.

5. Why did your organization join the DIACC?

As a participant in emerging advancements in digital identity for the government, Credivera learned of the Pan Canadian Trust framework and aligned with DIACC’s initiatives. As a member, we are excited to share knowledge and assist in creating the future of digital identity together.

6. What else should we know about your organization?

Credivera is currently working with the Government of Canada on User Centric Verifiable Credentials, supporting the interoperability of foundational identity documents and will be found on the Microsoft Marketplace in the coming months for their digital Wallet.

DIACC is very pleased to welcome Accenture as a member. In this spotlight interview, DIACC President Joni Brennan connects with Iliana Oris Valiente, Managing Director, Canada Innovation Strategy and Blockchain Lead and Christine Leong, Global Lead Blockchain and Biometrics, to hear their thoughts on digital ID and the great work that Accenture is doing in this space.

DIACC Spotlight on Accenture – YouTube

1. What is the mission and vision of BlueShore Financial?

BlueShore Financial’s mission: “Passionately improving our clients’ financial well-being in an interconnected, digital world.”

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

Trustworthy digital identity is critical to enable the continued development of a robust digital economy in Canada, and the potential direct and indirect benefits that come with it for all Canadians. Furthermore, lack of  a common trusted digital identity approach could result in a patchwork of various digital ID schemes, which would not only cause confusion for Canadians (and thus much slower adoption), but also create easy targets for cyber criminals.

From a financial industry perspective, a trustworthy digital ID is a critical component to successfully implement Open Banking, one of the globally accepted key trends in banking.

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

Two of the most populous countries in the world have established digital IDs: India with its government issued Unique ID (UID) number—or Aadhaar—identity program, and China with its digital identify provided by Ant Financial. These two countries are most populous with emerging economies. To remain a global player, Canada has to be able to compete with the likes of India and China when it comes to technology-savviness

Several other countries now have national digital identify programs and while these programs may not be perfect, they are evolving – Canada needs to do the same. Canada needs to start with a digital identity program, and then use an agile and iterative approach to evolve and keep up with new technologies as well as consumer needs and demands. Since Canada is somewhat late to the game, Canada can learn from the experience of other countries in both technology implementations and consumer rollout, which I know DIACC and its members from across the spectrum of government, finance, healthcare, telco, retail, auditors, etc., are discussing and working through DIACC Pan-Canadian Trusted Framework approach.

BlueShore addresses the challenges in two ways:

I. Internally we see digital identity as a core component of our digital transformation journey.

II. Broadly, digital identity is part of our conversations from Open Banking, to Payments Modernization to Data Privacy. We also work closely and in a “spirit of partnership” with our core technology partners.

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

Canada has a role to play as a G7 member to show digital leadership with respect to developing and launching a national digital identity program. Not only would this provide opportunities for Canadian businesses, but it would also demonstrate a model of how government and industries are able to work together to provide a key digital tool for Canadian consumers.

5. Why did your organization join the DIACC?

BlueShore saw the work DIACC and its members were doing defining, creating and building a national digital identity framework. It was this framework approach that attracted our attention to bolster our digital transformation work.

6. What else should we know about your organization?

BlueShore Financial is a boutique financial institution providing a full range of personal and business banking, wealth management, insurance and commercial lending solutions. With a branch network located across the Vancouver Lower Mainland and Sea-to-Sky Corridor, BlueShore Financial helps clients achieve financial wellness® through personalized solutions and expert advice, delivered in a unique Financial Spa® branch environment. BlueShore Financial manages over $6.5 billion in Assets Under Administration and is consistently ranked among the top 20 financial planning firms in Metro Vancouver.

BlueShore Financial is an Imagine Canada Caring Company, contributing at least 1% of pre-tax profits annually to charities and not-for-profit organizations within the communities it serves. BlueShore Financial is the operating name of BlueShore Financial Credit Union.

1.What is the mission and vision of one37 Solutions?

Our mission is to unlock the potential of the universal identity with privacy, security and trust, one experience at time.

Our vision is to deliver unparalleled personalized user experience built on decentralized secure identity platform.

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

The economic costs of the fragmented identity systems across various channels and businesses, the weak identity systems resulting in identity theft, SIM swaps and account takeovers, and increased corporate liability due to data breaches and regulatory non-compliance are skyrocketing and taxing in both existing and emerging markets.

The implementation of trustworthy digital identity systems will have exponential effects on the market growth and efficiency by streamlining and simplifying daily processes between citizens, governments and service providers in existing markets looking for efficiency and in emerging markets looking to close their digital gap and gaining security and speed of implementation.

At the onset, the rollout of decentralized identity systems seems both timely and significant. However, considering the various challenges that the global industries such as travel and healthcare have been currently facing in the form of security threats, adherence to health norms or regulatory compliances, there is a digital race to incorporate all of the above through a single trust platform while also ensuring a truly seamless experience. Thus, to stay competitive and build customer loyalty, there needs to be a paradigm shift in the way new advancements in technologies can be incorporated to balance such rising risk and opportunity demands.

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

A trusted digital identity will have a major impact on the Canadian and world economies by adding tremendous value to a country GDP. The speed of trust will have ripple effects on every aspect of the economy.

one37 provides a state-of-the-art, safe and secure decentralized identity platform for identity verification in verticals such as travel and health. We are working with our partners and service providers to improve the daily lives of citizens in various scenarios such as “Contactless & Touchless Travel” and facilitate the seamless interactions between travelers and service providers along their journey while ensuring user authenticity, data integrity, compliance and governance for all relevant stakeholders within an ecosystem.

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

Canada is the world leader in digital identity and the protection of privacy and personal information. By championing the implementation of a decentralized identity technology across the public and private sectors, Canada will provide the role model for the decentralized identity implementation across the world and foster unprecedented growth in the digital identity economy. Canada is in a unique position to shape the future of travel, healthcare, banking and governmental services with monumental implications on both the governmental and corporate sectors worldwide.

5. Why did your organization join the DIACC?

To  participate in the on-going discussions and the valuable work that DIACC is spearheading in digital identity and the implementation of the PCTF and be able to add value, work with other companies and partners and contribute in return to the growth of the identity economy.

6. What else should we know about your organization?

Every one37 team member is a strong believer in the deep impact that the decentralized universal identity will have on improving the life of every Canadian and world citizen and we are committed to working with our partners to add tremendous value one experience at a time.

1.What is the mission and vision of IMDS?

Since the 1980s, we have been hearing about paper-free businesses and the drive to move toward a more digital workplace. Today, the approach to digitally transform businesses has shifted from a technology-first perspective to a more business centric approach, with paper-free processes becoming a focal point and opportunity for many organizations.

In 1995, IMDS’ co-founders wrote the book The Advanced Document and described the following three areas: outbound documents, inbound documents and the lifecycle of documents. These three areas work together and in today’s world (whether it’s a document or a communication), this model still applies:

• Inbound documents – document capture and data extraction

• Outbound documents – customer communications management (CCM)

• Archiving – Enterprise Content Management (ECM)

With offices in Quebec, Montreal and Paris, the IMDS Research and Development centre is based in Montreal. This team works on automatic processing technologies linked to the document, and more particularly on pattern recognition and classification methods, and on facial recognition solutions using machine learning, deep learning and artificial intelligence.

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

A strong digital identity is needed for businesses and administrations to create an accurate and complete view of the customer, allowing on-going conversations, a strong engagement; and personalized and relevant content. Transactions are growing in volume and complexity. Customers are now in the driver’s seat, and they expect seamless, omni-channel service delivery.

But this approach needs to allow individuals to have complete control over their data identity.

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

Digital identify needs to incorporate a strong identification and authentication process.

The use of biometrics made a technological leap. Facial recognition is more and more widespread when accessing your mobile terminal or your computer. However, access to the mobile terminal often gives access without additional authentication to applications or services for which a first authentication has already been performed beforehand or which relies on an identification provider.

Access  to a digital wallet requires a higher level of security, at least for certain important steps in account management (i.e., creation, request for a digital certificate, access to confidential information, etc.) IMDS addresses these challenges with a strong authentication approach that is based on multi-criteria authentication: i.e. Photo ID document verification, selfie, liveness, etc.

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

Canada has an opportunity to be the leader in digital identity and trust services. Some of the best universities in the world, R&D companies, software vendors, consultants and experts are here in Canada.

DIACC and its members all experts in their own field are the proof that Canada will lead the way in this space.

5. Why did your organization join the DIACC?

The goal of many organizations is to provide a digital identity for citizens, supported by a digital wallet, to simplify and expand access to government services.

IMDS joined DIACC to collaborate with a group of experts, share, and learn from other Canadian businesses, in order to participate in the creation of the Pan-Canadian Trust Framework.

6. What else should we know about your organization?

IMDS is the software vendor for AD’DOC Capture Pro. AD’DOC ™

Capture Pro is a state-of-the-art solution for character recognition, document data verification and facial recognition. Easy to learn, AD’DOC ™ Capture Pro will allow you to quickly design a document dematerialization workflow.

Thanks to its experience that was forged over 20 years in this field, and with more than 750 million documents scanned per year and (more than 20 billion characters recognized per year) AD’DOC ™ Capture Pro is a complete production solution that has proven itself in many industries (Banks, Administration, etc.).

1.What is the mission and vision of Vaultie?

At Vaultie our mission is to allow physical people to both provide, and control, indisputable links to their digital documents (and other assets) while providing complete user control over their documents privacy. From legal documents to payments to driver’s licenses, we strive to let people stand beside their actions and intent. We do this by building secure, easy-to-use software based on verifiable credentials, blockchain, and ethical facial recognition. All of which have incredible power to enable this technology and together are creating the ability to provide a safer and more efficient future.

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

A trustworthy digital identity is critical for existing and emerging markets because it breaks down barriers and allows business to be conducted regardless of location and economic circumstances. The ability to trust a person, despite not having them physically present is necessary to allow cross-border cooperation on business activities and this software facilitates this.

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

Digital identity will streamline the way Canadians access their most important services, from government services to banking, to legal documents. Most importantly, digital identity and authentication shift control of that information to the user which is more secure and protects their privacy.

Digital identities will become a critical compliance tool for many businesses, particularly banking, law, government services, and insurance by facilitating trust between the person and a “Verifier”. On the most relatable level, the trust that can be facilitated by digital identity enables Canadians to spend less time physically having to go somewhere to show credentials or sign documents and more time on their own projects or with their families.

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

Canada has already demonstrated its ability to lead the charge in digital identity and services. It has an educated user base who are demanding frictionless interactions with industries that seem to be willing to adopt them. DIACC plays a central role in bringing all of those players to the table and creating a unified landscape which we can use to facilitate digital identity standards across various industries. We’re thrilled to be joining the conversation on how to best make that a reality.

5. Why did your organization join the DIACC?

We think Verifiable Credentials and digital ID play an important role in shaping the way Canadians access their services and conduct business. There’s a lot of industries that need to collaborate in order to facilitate that reality. We joined DIACC to be part of that conversation, offer our expertise on Identity linked documents, and learn how we can facilitate the adoption of digital ID and authentication through conversations with other industry players.

6. What else should we know about your organization?

We’re a group of young energized technologists, with backgrounds in financial services and blockchain, and access to a coffee machine! We’re driven by allowing people to show transparency in their business dealings, while maintaining their privacy. Vaultie started off with a goal of creating a fraud-proof digital signature, which could show indisputable proof that a person, and not just their account, signed a document. We’re really proud of our Vaultie digital signature product, which can be verified and trusted by any third party the signatory chooses to share it with. We could not have dreamed about the opportunities that now exist with digital credentials and are excited to be working on the future of trustless interactions.

1.What is the mission and vision of ECAD Labs Inc.?

At ECAD Labs Inc., our mission is to increase the GDP of the blockchain economy by creating safe and easy-to-use software development tools for blockchain applications. As an open-source first company, we are most successful when we empower all developers to build innovative, world-changing applications

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

Decentralized ID and authentication tools built on public blockchain protocols will provide an accessible, trusted, and secure platform for individuals to manage their personal information and interact online with businesses and governments. These tools can have a profound impact on Canada and emerging markets by improving access to regulated online services while reducing reliance on intermediaries that may suffer from limited oversight or trust.

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

Decentralized digital identity and authentication will transform the Canadian and global economy by shifting control of personal information back to consumers and reducing compliance costs for regulated entities providing online products and services.

This technology will become a critical compliance tool for businesses and institutions as virtual currencies, digital securities and other blockchain-based products and services are integrated into regulated markets.

At ECAD Labs Inc., we are building open-source developer tools to simplify the adoption of decentralized digital identities in blockchain applications.

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

As an advanced, educated, and urbanized economy with high online connectivity rates, Canada is well-positioned to become a leader in the development and adoption of digital identity and verification technologies.

DIACC plays a vital role in this process, and ECAD Labs Inc. is excited to join the conversation.

5. Why did ECAD Labs Inc. join the DIACC?

At ECAD Labs Inc., we believe that decentralized digital identification and verification tools  will facilitate the mass adoption of virtual currencies and other blockchain technologies. Our goal is to provide our clients with open-source software development tools that support vendor neutral access to decentralized ID and authentication services interoperable across technologies and jurisdictions.

Joining DIACC will help us understand, support and develop decentralized ID and verification standards, meet community members and advocate for a regulatory environment that promotes Canadian innovation.

6. What else should we know about ECAD Labs Inc.?

ECAD Labs Inc. is a Vancouver based software development company that builds and maintains open-source software development tools and libraries for the Tezos blockchain protocol, including the TezosTaquito.io TypeScript library, Signatory.io remote signer, and TezGraph.com indexer API. We are currently working with industry partners to support decentralized identities in various blockchain applications.

DIACC is very pleased to welcome EY. In this member spotlight, DIACC President Joni Brennan interviews Abhishek Sinha, Peter Law, and Atul Ojha to hear their thoughts on digital ID and the great work that EY is doing in this space.