The UAE is set to eliminate physical ID cards through biometric identification technologies, primarily facial recognition. The initiative, spearheaded by the ICP, aims to enhance secure identification in sectors like banking and healthcare. It complements previous advancements, including the Emirates ID and the biometric Smart Travel scheme introduced last year. The UAE has developed a…
The formation of a Reusable Digital ID Network by Select ID, SQR, Luciditi, and ShareRing aims to enhance remote customer onboarding in UK financial services. By complying with evolving KYC regulations, the initiative focuses on improving identity verification processes and overall customer experiences. The partnership also aims to integrate emerging technologies to restore consumer trust…
Select ID, SQR, Luciditi, and ShareRing have partnered to launch the Reusable Digital ID Network aimed at improving remote customer onboarding in UK financial services. This collaboration focuses on identity verification compliance, enhances customer experiences, and promotes the use of reusable IDs. Utilizing advanced technologies like biometrics, the initiative aims to combat declining consumer trust…
