Digital company ID could save UK financial sector £1.7B: CFIT
A UK initiative to create a reusable digital identity credential for businesses could save financial institutions £1.7 billion (US$2.2 billion)…
Centre for Finance Innovation and Technology (CFIT)
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Digital property vision outpaces e-signature adoption in UK
Use of electronic signatures is very low at the UK’s Land Registry, but bringing in new digital components is about…
CFIT lays foundations for trusted business digital identity across the UK economy
Companies in the UK could be getting on board a digital ID system as the Centre for Finance, Innovation and…
Majority of UK SMEs in favour of Digital Company ID service for efficiency
Research commissioned by the Center for Finance, Innovation and Technology (CFIT) has found that more than 80 percent of Small…
UK Companies House sets a date for identity verification requirement
Companies House, the UK’s government-operated company registry, is introducing mandatory identity verification for company directors and people with significant control…
CFIT launches Digital Company ID working groups
The Centre for Finance, Innovation and Technology (CFIT) has made another step towards the creation of a Digital Company ID…
UK, Hong Kong plan digital IDs for businesses
The UK Minister of AI and Digital Government Feryal Clark says exploring a digital company ID could strengthen the country’s…
To comply or not to comply? US bins AML law, Umazi offers compliance at scale
Money laundering is an oft-cited concern for businesses seeking fraud prevention tools; hence the familiar industry shorthand for anti-money laundering,…
CFIT plans digital ID for businesses to close loopholes, cut costs
A new plan to provide digital ID for businesses could save UK businesses billions in efficiency, lost revenue and fraud…
CFIT pushes efforts on digital company ID to tackle economic crime in the UK
The UK’s Centre for Finance, Innovation and Technology (CFIT) has unveiled progress by its coalition of financial institutions, regulators, and…
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