Identity Assurance - the Art of Knowing Your Customers

Assuring an identity is about collecting sufficient evidence about the fact the user is who he claims to be. The more evidence and information collected, the higher the certainty that the identity is genuine. The required assurance level and the assurance methods used have to depend on the appropriate business process.

In this webinar, you will learn:

• The importance of knowing your customer for your business
• How to define flows that help you to collect the necessary assurance data from your unknown customer
• How to gain the required assurance of digital identities when onboarding new users and still be compliant
• How to ensure that reasonable assurance is achieved
• How to step up assurance levels, coming from a good assurance level to a better one

In the first part of the webinar, Martin Kuppinger, Principal Analyst at KuppingerCole, will explain the importance of Identity Assurance and Knowing your customer, why we need it and how to use it without losing the balance between usability and the security of a real Assurance.

In the second part of the webinar, John Erik Setsaas from Signicat, will give an overview of methods to use for identity assurance. Many financial institutions look at the KYC (Know Your Customer), and thereby create a big ”wall” to climb for users, just to get into the bank. The presentation will look at methods for identity assurance, as well as how these can be combined in different ways, to get a reasonable assurance, according to regulation and risk, as well as looking at the eIDAS levels of assurance.