Tags Archives
Digital Identity a vehicle for tangible economic growth
In 2019, McKinsey Global Institute predicted in a research paper that implementing Digital ID could unlock 3 to 13 percent of GDP by 2030. Since then many developing and developed countries have embarked on deploying National Digital Identity Services or improving and upgrading their National Identity Systems to implement robust Digital Identity Systems.
Kenya and Singapore ...
Under the hood – Digital Identity
Digital Identity is becoming the most discussed term on the internet that it is now deemed the core of digital transformation. With all these terminology, one wonders about the technology that constitutes or shapes the term “DIGITAL IDENTITY”. Let’s delve into the use case - customer onboarding, and shift through each layer of Digital Identity ...
Data driven business with seamless customer experience
Seamless customer experience is the rein to sled your business into digital transformation whilst maintaining focus on important data forecasts. In 2023, we shared key components of Digital Identity in a digital economy.
The key resource that drives a data driven business in a digital economy are users, manage them well and you manage your business. ...
Federated Login, SSO and Digital Identity
The terms federated login and SSO or Single-Sign On are interchangeably used to describe authentication of a user between two or more online service providers. Authentication is when someone tries to prove who they are against a set of characteristics/information that is known about them. And so a federated login and SSO are a set ...
Digital Identity Theft and how you can protect your identity online
October was the month of cybersecurity awareness. This year, the theme highlighted the importance of everyone being aware of protecting themselves and others while online. Essentially important is knowing how to safeguard your identity data when browsing on the internet. Your online identity consists mostly of information such as Name, Date of birth, age, place ...
The demand for Digital Identity and Trust
The YuTru Digital Identity framework and services roll out is slowly progressing as we continue to keep you updated on the demand and need for this vital service in Papua New Guinea. With the increasing need to manage our relationships online for almost all digital services, manual processes of identifying and verifying customs are slowly ...
PNG APEC member commitment – Development of interoperable digital identity systems and corporate e-KYC approaches in APEC
Papua New Guinea (PNG) is one of the 21 members of APEC since 1993. Despite member economies not required to be bound by commitment or treaties, it is vital for member economies to cooperate in implementing common best practices, framework and policies. Cooperation creates and enables interoperational systems for trade between member economics and the ...
How can YuTru effectively operate in a harmonised ecosystem of trust ?
We explain the YuTru ecosystem of trust and show how effectively YuTru can operate for Papua New Guineans and their business to flourish. YuTru is not just an Identity Management Service provider but it also provides trust services that are built upon Papua New Guinea's context and dynamics of doing business. We illustrate that from ...
Central Banks Committed to Economic Prosperity and Wellbeing in South Pacific
In a joint press release after a meeting held on the 20th of June 2022, South Pacific Central Bank Governors reconfirmed their commitment to support the region’s access to:
Cost effective remittances,
Retention of correspondent banking services; and
Improving financial inclusion.
The press release highlighted priorities to ...
The YuTru Ecosystem
YuTru represents an ecosystem of businesses that rely on YuTru to identify and verify the identity of their customers. The YuTru ID held by a customer can be used at any of the businesses within the ecosystem, in the same way that your passport is accepted by any airport immigration counter in the world or ...