Digital Identity in 2024/25: A UK Financial Services Guide

As we move further into a digital-first world, digital identity is transforming how financial services operate, verify customers, and enhance security, we are pleased to release our Digital Identity Guide for 2024/25.

 By the end of 2024, an estimated 70 billion digital identity verification checks will have been conducted globally, enabling faster, safer, and more reliable interactions. With the UK government’s support and legislative backing, the prominence of digital IDs is inevitable.

Are you ready to embrace the exciting opportunities digital identity can bring to financial services? In this essential guide by Synectics, you can learn about:

• The current state of digital identity in the UK
• Key pros and cons for businesses and customers
• Real-world examples of digital IDs in practice
• Legislative developments, including the Digital Information and Smart Data Bill
• Guidance on integrating digital IDs into your KYC and onboarding processes

Discover how digital identities can reduce fraud, enhance customer experiences, and drive business growth.

Get ahead of the curve — download Synectics' Digital Identity in 2024/25: A UK Financial Services Guide and learn how your organisation can benefit from this game-changing technology.