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Digital Identity.

An obvious new role and source of revenue
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Identity in a digital world, a precarious balancing act

  

Passwords proliferate, security barriers mount, and consumers’ digital experiences degrade, even as more and more data leaks from the myriad of accounts we maintain online.

Having one digital identity would make consumers’ lives infinitely easier. They could quickly and painlessly gain access to whatever service required them to prove their identity; they would be set free to interact and transact without undue caution; and they’ll enjoy the benefits of decades of transformative innovation that would indubitably follow a development like this.

The question then is how to design, deploy, and regulate digital identities in a practical, secure, and transparent way. How do we architect systems that accommodate all our varying attitudes towards notions like personal agency, security, and privacy? And what role will your organization play in them, if any?

Take the lead in digital identity provision

Quite a big one, actually. Entersekt believes that financial services companies are extremely well positioned to deliver identity as a service. They’re heavily regulated institutions that already protect consumers’ sensitive consumer data and money. People trust them more than they do other kinds of businesses or, in most cases, their own governments.

Entersekt works with financial services providers to secure, not only their customers’ accounts, but their digital data and identities too. Leveraging the power of trusted device and browser IDs and our core foundational layer, our institutional clients are better equipped to expand their roles in identity services and digital mandate management for increased revenue and relevance.

Benefits of our digital identity solution

Entersekt’s digital identity solution holds the following benefits for all participants in the ecosystem:

  • Issues a unique, strong browser or mobile device ID and binds it to consumers’ digital credentials
  • Facilitates real-time consent to the sharing of attestations in conjunction with our customer authentication and smart messaging solutions
  • Notifies consumers of actions within the ecosystem relating to their identity and allows them to take swift action if required
  • Provides an auditable record of interactions, approvals, and confirmations, all digitally signed
  • Built on “Privacy by Design” principles; complies with all major regulations related to consumer data protection
  • High interoperability across technology types and networks helps in developing an open, scalable system

Want to explore what your organization’s options are in providing identity as a service? Contact us to set up a call today!

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Entersekt is an innovator of customer-centric fintech solutions. Financial services providers and other enterprises rely on our patented mobile identity system to provide both security and the best in convenient new digital experiences to their customers, irrespective of the service channel. With us, they can concentrate on their innovation roadmap, while delivering intuitive, low-friction digital experiences to their customers.