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digital verification

  • Barclays and Lloyds join banking sector plan for digital ID

    Banking

    Barclays and Lloyds are among a group of top UK lenders working on a plan that would see customers able to use digital identification tools in their banking app. The collective of banks – which also includes HSBC, Nationwide, Natwest and Santander – are working with industry body UK Finance on a process where users’ [...]

    Banking app interface showing financial transactions and account balance on a smartphone screen, emphasizing digital finan...
  • Uber wants your journey on tape as safety concerns mount

    Tech

    Uber is turning passengers’ phones into in-car recording devices as the ride-hailing giant introduces a new feature allowing users to capture audio during journeys amid growing concerns around safety and identity verification. From Thursday, riders across the UK were able to press record before or during trips directly through the Uber app, with encrypted audio [...]

    Shares in Uber tumbled more than five per cent in pre-market trading as earnings missed analyst expectations.
  • Canada and EY call for national digital ID

    The UK risks losing its position as a global financial hub unless it rapidly upgrades its digital verification infrastructure. A new study from EY and Canada Corporation warned that delays in establishing a government-backed, scalable digital verification system (DVS) could cost the UK billions in economic benefits. Meanwhile, it is increasing businesses [...]

    Visma, which provides accounting and payroll software to SMEs across Europe, has been owned by Hg since 2006

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