Digital wallets are providing millions of people with their first opportunity to save, make digital payments, and develop a transaction history attesting to their creditworthiness. At the WSIS+20 Forum High-Level Event, the International Telecommunication Union (ITU) and the Linux Foundation announced their intent to launch an OpenWallet Forum to stimulate global access to the digital […]

The “shared secret” username-password model of authentication comes with security risks too great for digital financial services. Even the best-formulated passwords can be compromised. When user credentials are stolen, people’s investments, credit card accounts, and hard-earned savings tend to follow. Are you working on password-less authentication solutions on blockchain to safeguard people’s money? The ITU […]

By Simon Torkington, Senior Writer, Forum Agenda , World Economic Forum Over the past decade, the global financial technology (fintech) industry has experienced a surge in growth. Digital banking and financial services are proving transformative, both in developed economies and also in regions where billions of people have previously struggled to access banking services. New […]