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New Dimensions of Change: United Kingdom Report

– The Economist Intelligence Unit

  • Report
  • Posted by Good ID team (Good ID)
  • 14 December 2020

A survey of UK executives’ attitudes towards digital identity by The Economist Intelligence Unit

The report found that around 75% of executives surveyed believe a national digital ID scheme would be beneficial in reducing fraud. However, they are slightly less likely than members of other countries to believe citizens would feel comfortable sharing the necessary data required for a national ID with the government.

“In addition, 58% of UK executives believe a national digital ID helps give marginalised and low-income groups access to consumer services they would have previously been excluded from.”

Additionally, just as the use of contactless payments has escalated in recent years, those surveyed predict that biometrics and voice authentication will be the next major trend in consumer technologies.

Companies in the UK should understand the long-term trends and innovations affecting security, privacy and fraud, in order to successfully balance optimal customer experience with rigorous security and fraud prevention and be best positioned to succeed

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