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Will Britcard be panacea for reducing fraud?
Manage episode 518002164 series 3647388
In this episode Lindsey Rogerson, founding editor and Elizabeth Lumley, special correspondent, discuss the newly announced plan for a digital ID – or Britcard -- in the UK. Elizabeth highlights the lack of detail in what the government has announced, and they discuss the politicisation of announcement.
The conversation then turns to the digital IDs that already exit in the UK as well as the merits of the numerous examples of introductions of digital IDs by governments in countries including India, Singapore, Brazil, the United Arab Emirates and Estonia. Elizabeth and Lindsey then discuss the bank-led digital IDs initiatives in Norway and Sweden and how a digital ID could help financially excluded individuals to be accepted for banking services.
Finally, the pair discuss what the advent of digital IDs has meant for the reduction and prevention of financial crime and fraud.
Links
Plans around BritCard in the UK are unclear and may be redundant - Compliance Corylated
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www.compliancecorylated.com
www.corlytics.com
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