Discover how to prepare for the European Digital Identity framework regulation and how it will impact your business and end users by downloading this Worldline whitepaper.
The key highlights from the paper:
. Regulatory expectations: an overview of the new ecosystem, timelines and large-scale pilots programs.
. Impact on your business: the responsibilities of relying parties, along with use cases tailored to your industry.
. Worldline’s support: our involvement in the European Wallet Consortium (EWC) to investigate payment and digital identity use cases, and our solution : Digital Identity Hub, designed to connect relying parties with wallets.
The digital identity landscape is poised to face significant challenges in the forthcoming years.
To strengthen interoperability on matters of identify and protect EU citizens, the European Commission published its first Electronic Identification, Authentication and Trusted Services (eIDAS) regulation in 2014. This regulation aimed to create harmonisation and security for electronic transactions at the European level.
However, this first regulation did not produce the expected effect on the market. We can also note that the ecosystem is evolving rapidly and facing a growing number of fraud attacks, including identity theft or phishing attacks (the number of phishing attacks has more than tripled since 2020, APWG reports).
As a result, and with the goal of protection and fostering harmonisation in the market, the European Commission published a proposal for eIDAS 2.0, now called European Digital Identity Framework. This proposal includes the introduction of a European Digital Wallet (EU DI Wallet) to centralise the digital identity of all EU citizens.
This paper aims to answer the question: How is the EU DI Wallet ecosystem redefining the European Digital Identity framework? It will explain the main changes introduced by this new regulation and why these changes are essential to create a secure experience for EU citizens. Furthermore, the paper will outline Worldline’s strategy, as a leading payment company.
Download the report: Unleashing the potential of Digital Identity. How the EU DI Wallet ecosystem
is redefining the European Digital Identity framework?
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
