Gail Hodges, Executive Director of the OpenID Foundation, and Elizabeth Garber, VP of Digital Products at Santander, share their insights on digital identity following the recent publication of the GAIN Paper, an outgrowth from the IIF and OpenID Foundation’s Open Digital Trust initiative. GAIN outlines how an open network can encourage different participants to come together creating an ecosystem with interoperable solutions using common standards. The paper gathered over 150 signatories from an extensive and diverse group of digital identity experts and advocates interested in advancing this vision.


 

This report provides a list of recommendations to financial ecosystem stakeholders—including policymakers, regulators/supervisors, financial institutions, and tech firms—on actions they can each take to help drive digital transformation in financial services.

The dramatic growth of Mobile Money in Sub-Saharan African markets presents some interesting learnings for bank strategies and partnerships with FinTech firms, and with some fascinating scenarios ahead as app-based payment platforms enter the market.