The Imperative of Digital Identity for Financial Institutions

As faster payments, digital assets, and AI-driven technologies continue to evolve, digital identity has become essential to fraud prevention, security, and customer trust. The Digital Assets Work Group (DAWG) of the Faster Payments Council (FPC) recently examined 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.

Their new blog, The Imperative of Digital Identity for Financial Institutions, highlights key challenges institutions face today and outlines emerging approaches to strengthening security while improving the customer experience. Click Read More below to access the complete article. 

Want to check out the Faster Payments Council? Register for ePayConnect 2026, held February 23 -25 at Gaylord National Harbor, and you will receive a code to register for the FPC Spring Meeting, held at the same venue on February 25 - 27, at a 50% discount! Learn more at epayconnect.org.