The Imperative of Digital Identity for Financial Institutions Blog
As faster payments, digital assets, and AI-driven technologies continue to evolve, digital identity has become essential to fraud prevention, security, and customer trust. In this blog, the FPC Digital Assets Work Group (DAWG) examines why modern digital identity solutions are critical for financial institutions and how they can be evaluated across the identity lifecycle, from onboarding through ongoing customer interactions.
The post highlights key challenges institutions face today and outlines emerging approaches to strengthening security while improving the customer experience.