Securing the Digital Frontier: Navigating Challenges and Best Practices in Digital Identity Verification

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In today’s digital landscape, much of our daily activities are heavily dependent on global communication networks. Regardless of the type of information exchange, we value the immense convenience offered by our mobile devices. However, as we deal with sensitive matters such as personal details and financial information, this convenience introduces significant risks and responsibilities. One of the primary challenges in the digital identity domain revolves around the authentication and verification of "who" is involved. This webinar will explore the digital identity ecosystem – from mitigating the risk of fraud, navigating the regulatory landscape, ensuring mobile communications and the phone number remains relevant and protecting the revenue streams realized through consumer engagement and conversational commerce. The webinar will take a deep dive into the central role that phone numbers as a Digital Identity play in facilitating commerce, supporting businesses, and both business to consumer (B2C) and consumer to business communications – and best practices for safeguarding this critical digital identity signal.

Webinar attendees will gain an understanding and learn about:

1. Challenges in digital identity verification, including why KYC and KYB processes and verifying the "who" in digital transactions is a significant challenge.

2. An overview of digital identity signals – from addresses to biometrics to phone numbers and other data points – and why some are more reliable than others.

3. Considerations in navigating the digital identity lifecycle –authentication, account creation, engagement, transactions, and event.

4. Insights on digital identity verification best practices.

5. Why global collaboration is necessary for establishing a reusable digital identity framework across industries, and what’s being done now to make it a reality.