Digital identity is a contribution of digital transformation; as much as it is a source of convenience, there are privacy concerns associated with it. Let us decode them.
As important as digital identity is now, it is under a lot of threat. There are attackers out there ready to use it for their own benefit, causing you a lot of trouble.
Digital identity is a powerful tool in the digital landscape. It plays the role of identifying and verifying an individual and is useful in various businesses.
See Trustt at Fintech Festival India 2024 to discover how secure and data-driven financial services will develop in the future. Visit us at Yashobhoomi, Dwarka, New Delhi - Booth 15 to know more.
The recent developments surrounding Paytm's payment bank have made it clear that as an industry we need to prioritize security and adherence to regulatory guidelines for customer onboarding (KYC) with enhanced digital identity and verification management so that such crises can be avoided.
PAN card being a crucial aspect of the financial world, let us look at the new aspects taking rise in the digital identity system associated with this card.