Episode 35: Next Gen Open Banking and Bank ID is beginning

The increased mobility of users and their demand for personalized, unified omnichannel access experiences has stretched federated IAM beyond its limits. Meanwhile, the need for organizations to collaborate more to compete, and build communities of trust and value for those same users affordably and securely, cannot be met by existing federated IAM solutions. Learn how banks are embracing the new paradigm of decentralized identity (DCI) to improve existing experiences and create the opportunity for new, valuable user experiences and increased levels of engagement and collaboration with business partners across multiple jurisdictions, without the need to replace their infrastructure. Simultaneously, understand why starting their journey now, enables banks to future-proof their ecosystem to rapidly support the EUDI and official digital credentials that will become available. Get a glimpse into the solution architecture being deployed at banks and an understanding of the benefits and how they can be communicated to executive leadership and business partners. Learn how DCI can also solve today’s problems in a practical way, including fighting fraud from adversarial and generative AI, and work in harmony with existing IAM systems enhancing existing federation platforms, and still set the banks up for the art of the possible tomorrow.