An Update on the Collaboration of Technology Tools and Legal Rules
The US Federal Reserve is participating in a Committee on Payments and Market Infrastructures (CPMI) Cross-border Payments Task Force to identify ways to promote cross-border payments that are faster, less expensive and more transparent and inclusive. With the CPMI’s initiative to improve cross-border payments (and their upcoming conference https://lnkd.in/dBmT9q6), the Institute of International Finance (IIF) and […]
Open Digital Trust Initiative: A Proposal for Financial Institutions to Use an Open Standards Protocol to Verify Identity, Protect Privacy and Build Trust
In the digital space, people need new solutions to know the identity of who they are dealing with and whether or not they can trust them. A number of initiatives are working on the future of digital identity. Some of them are government-led while others are linked to specific private institutions or proprietary technologies. Banks […]