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Over the past three decades, the European Union has steadily improved its framework to fight money laundering and terrorist financing (AML/CFT). So far, the EU’s action has focused on the prevention, investigation and prosecution of these harmful practices. This article elaborates on the potential effects of the EU’s legislative proposals...
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3 reasons why banks need to understand the impact of the EU Digital Identity Wallet The 2022 edition of Euroforum’s annual conference on the future of payments was held in Amsterdam on 31 March. INNOPAY’s Vincent Jansen was one of the keynote speakers at the event. In his presentation called The ‘battle of the wallets’ reignited, he outli...
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In June 2021, the European Commission announced its plans for a framework for Digital Identity Wallets. Additionally, the concept of Self-Sovereign Identity (SSI) – a new way of thinking about digital identity – has emerged in the market over the past few years. This raises the following question: To what extent is the EU Digital Identity...
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