Reducing Fraud with BankID and Verifiable Credentials
Banks invest significant amounts of money in their Know Your Customer processes to build trusted customer relationships. Once customers are proofed, an identity record is created in a central directory. Banks then rely on authentication methods that vary in quality and strength, usually in the form of multi-factor authentication, to interact with the same user.
Download the whitepaper to learn more about how banks are improving privacy and security for their customers.