Identity Leaders of Tomorrow

The battlegrounds of modern conflicts have decisively entered the digital space. From cyberattacks on government databases to manipulating or erasing personal records, aggressors weaponize identity systems to destabilize nations and disenfranchise people and communities.

Beginning with a foundational overview of international paradigms such as the EU’s eIDAS Regulation, the United Nations Legal Identity Agenda, and international development communities, this panel will examine international identity attacks, focusing on the ongoing war in Ukraine and parallels in conflicts such as Myanmar, Syria, and Sudan.

The panel will expand the discussion beyond war zones to address how actors leverage identity systems of oppression and disenfranchisement. Through this broader context, the conversation will explore adversarial activity targeting identity systems during state-level conflict, providing valuable comparisons across diverse regions and crises.

Experts from legal and technological fields will highlight the critical need for multidisciplinary cooperation to safeguard human rights, data integrity, and access to vital services.

This session is designed to equip regulators and banking groups worldwide with insights and best practices from Brazil’s journey, providing a benchmark for successfully implementing similar ecosystems in other regions.

Brazil’s Open Finance Ecosystem is now the world’s largest live data-sharing ecosystem, boasting over 60 million unique active connections and engaging approximately 30 million active users - representing 20% of Brazil’s banking population. Achieving this milestone within just three years of launching the first APIs required a collaborative effort led by the Central Bank of Brazil, supported by the country's innovative banking ecosystem.

In this presentation, we will explore the key factors that propelled Brazil’s Open Finance initiative to global prominence in record time. Topics will include:

• The innovative culture of the Brazilian banking ecosystem, driven by initiatives like Pix and Drex;
• The role of the Central Bank of Brazil as a technical, pragmatic, and highly engaged leader;
• Lessons learned from the UK’s experience, and how existing standards and frameworks were leveraged;
• The governance structure established to achieve high interoperability through commitment to timelines and rigorous testing with banks;
• What new Products are being planned and how we plan to facilitate Payments with the Open Banking Flows;