Digital Identity policy models for its use case in enabling Digital Financial Services
YuTru digital Identity was designed for the purpose of enabling trustworthiness in online transactions for secure access and “e-kyc” or electronically knowing your customer for customer due diligence (CDD).
At this stage of pre-implementation of the YuTru Digital Identity system, we are continuously sharing awareness on policy models and guidelines approaches that we abide by, user rights and basic knowledge in understanding Digital Identity.
Today, we share – POLICY MODEL FOR DIGITAL IDENTITY AND ELECTRONIC KNOW YOUR CUSTOMER (E-KYC) from the Alliance for Financial Inclusion. This policy model guide builds on experiences of member Authorized Financial Institutions (AFIs) that have already implemented Digital Identity for e-kyc. And it is has been developed around three policy considerations:
- Policy and regulatory framework for implementing digital ID and e-kyc;
- Policy considerations for designing the platform and building the digital Identity system and the technology infrastructure; and
- Policy considerations to implement key processes and use cases leveraging the digital ID for e-kyc.
Contact us at info@yutru.org.pg for more information on how we could streamline your customer onboarding and e-kyc.