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Has the UK finally cracked digital identity?
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Has the UK finally cracked digital identity?
The UK bank ID scheme seeks to transform remote KYC, but who pays, and what happens when something goes wrong? PSE Consulting Managing Director Chris Jones examines the issues in detail. On 25th June 2026, UK Finance confirmed that major UK banks have completed proof-of-concept testing on a voluntary service that allows customers to verify their name, age or address straight from their banking app. This is a substantive achievement, and the mode…
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