The EPA projects drive industry change to shape the future and present of the payments
landscape for all stakeholders. Our projects bring together more than 80 high level
volunteers from across the payments industry.
“And I think for us, and for many others, digital identity is something of a foundational element in allowing that full transition into the digital economy.”
Digital Identity is a challenge for businesses to onboard and maintain the integrity of their clients. This is particularly seen in the case of cross border digital identity which supports international payment movements. This has impacted and prohibited the interoperability of domestic payment networks across borders.
The EPA Asia Digital Identity Project is one of the key projects that will have a significant impact on citizens lives both at the national level and across borders when a cross border Digital ID system is deployed.
The Digital Identity Working Group members consist of heads of policy, government affairs, compliance, legal, regulators, fintechs and payment business executives.
EPA Asia ordinary, scale-up, patron and benefactor members are all welcome to attend this group’s monthly meeting.
The EPA Asia Digital Identity Project scope will include:
National Digital ID + Cross Border Digital ID.
It will explain the Digital ID projects done in other parts of the world
Digital ID project components will include:
Identity Proofing with eKYC, liveness detection and Biometrics
User, Device and Location Authentication (multi-factor authentication)
Fraud detection (AML/CTF/PEP and other checks)
It will also describe some of the work done by suppliers of these solutions and how an integrated approach (combining multiple vendors) could be a best-of-breed solution for a National Digital ID solution.
The EPA Asia Digital Identity Project scope will cover:
Secure Centralized vs De-centralized Digital ID data storage
Consideration about customer consent management for access to Digital ID data.
The Target Operating Model (TOM) key areas will cover the various broad aspects of rolling out a Digital ID project.
TOM will include backup and recovery options, and ability to recover Digital ID data in the event of a national disaster
Case studies looking at National Digital ID rollout
Execution of the TOM and rollout plan
Cross border Digital ID rollout
Use cases both for National as well as cross border access
Provide a roadmap for continuous innovation using Digital ID
Challenges and recommendations for National Digital ID as well as cross border rollout
Suggestions on what could go wrong and possible recommendations for a successful launch
All Members of EPA Asia are invited to apply to participate in the Digital Identity Working Group. For more information on joining the Digital Identity Working Group: email@example.com
Working Group Members
Senior Vice President, Asia Pacific at Covr Security
Chief Strategy Officer at AusPayNet
Senior Vice President, Government Affairs Asia Pacific at Citi
Chee Keong (CK) Leo, CAMS, CFE
Snr Consultant (Ptnr), Fraud, Risk & Financial Crime at FICO
APAC Principal Solutions Architect at Transmit Security
Entrepreneur in residence at eftpos Payments Australia
Desmond Lim Ching Hau
Chief Compliance Officer & MLRO
CEO & General Manager at eBay
Director General at EPA Asia