At the beginning of September, the Decentralized Identity Foundation (DIF) announced the launch of a new special interest group that brings together identity professionals to discuss and evolve decentralized identity-related products to the financial market. This comes as financial services firms, banks and the broader ecosystem must maintain the integrity of the user’s identity with high assurance.

This Banking & Finance Interest Group was created to address the growing market demand for decentralized identity, which is driven largely by an acceleration of digital services, such as account onboarding processes, Know Your Customer (KYC) and identity verification during transactions.

The new special interest group is co-chaired by Bloom and OneSpan. The group will facilitate communication and cooperation within the financial market to promote awareness and deployment of new decentralized identity infrastructures. We aim to work closely with policy makers and industry stakeholders to coordinate communications, publish informational assets, and deliver educational events.

Now is a great time to join our group. Together we are working on a new identity ecosystem for the banking and finance sector. You have the possibility to work with leading experts in decentralized identity and participate in this new transformation.

Joining this new interest group is free. No need to be a DIF member to participate and propose your use cases.

For more information please email:

Christian Kameir: [email protected]

Lennart Lopin: [email protected]

Or, please join our email list: https://lists.identity.foundation/g/finance-sig