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On average, it takes consumers just 14 minutes and 20 seconds to abandon financial services applications, according to research from Signicat.
Signicat, Europe, FIS, onboarding, digital onboarding, customer experience, trust, technology, report, digital identity, digital identity scheme
38% of all financial services applications in Europe are abandoned despite massive investment in digital transformation by institutions, according to a report from Signicat.
Microsoft has planned to create a digital identity scheme, however its not launching a token or a private blockchain to do so, but it is building on Bitcoin instead.
Microsoft, ID verification, Bitcoin, cryptocurrency, blockchain, digital identity scheme, Token, public key, digital decentralised ID, private key, transaction, zero knowledge, proof ID verification
The National Audit Office (NAO) has criticised the government’s flagship identity verification scheme called Gov.UK Verify.
digital identity, UK, security, digital identity scheme, identity verification, GOV UK Verify
The Italian government’s Digital Transformation team has recently developed and started testing a single smartphone app for its citizens to pay taxes, bills.
Italy, digital transformation, digital identity scheme, mobile app