October 4, 2019, Washington, DC – Today, FDATA North America submitted a whitepaper to Canada’s Department of Finance on digital identity and the notion that it is not a necessary component of open banking.
This paper follows a request from the Department for an assessment of the various digital identity tools available in the market today, the state of digital identity in other markets, as well as an analysis of the digital identity tools currently in the market and their availability to provide for a digital identity framework in Canada.