Vox: Urszula McCormack on digital identity
She speaks with DigFin about how financial institutions should prepare for digital I.D.s.
Open banking, APIs, biometrics and even blockchain: these are creating a huge number of opportunities for financial institutions. But there are even more question marks. The promise of digital finance, for both F.I.s and consumers, is predicated on knowing who you’re dealing with on the other side of the smartphone.
Urszula McCormack is a partner at King & Wood Mallesons in Hong Kong. She has been spearheading the firm’s work in digital identity as well as blockchain.
She sits down to speak with DigFin about how financial institutions should best prepare themselves to manage the risks as well as the rewards of managing identities digitally.