Gaurav Sharma (guest)

Gaurav Sharma has been working as an independent financial and business consultant and strategist for the past three years. He works with fintech startups, wealth management firms, international banks, consulting companies and multi strategy investment funds. Gaurav assists his clients with financial strategy and investment analysis, drawing on his experience of managing a diverse array of Fortune Global 500 clients from across the globe. He also loves to write about innovations and cyber-security in financial technology and banking. Gaurav has six years of international banking experience (Standard Chartered Bank and Citi). He has covered the entire gamut of banking products with experience in corporate finance, trade finance, derivatives, risk management and so on. Gaurav is a Certified Financial Risk Manager and a CFA Level III candidate. He holds an Engineering Degree in Computer Science and an MBA from the Indian Institute of Management in Kozhikode.

How eIDAS can help SMEs grow and prosper

Small and Medium Enterprises form the backbone of any economy. In the European Union, SMEs represent 99% of all businesses and account for an astounding 85% of job growth. Providing the best environment for these SMEs to thrive and prosper thus becomes pivotal for any country. The EU has a tradition of promoting entrepreneurship and leads the pack when it comes to ease of doing business, access to finance, having a strong legal framework, a robust regulatory environment and a variety of other support structures. 

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Leading the Digital Change, Part 3 – Successful Collaborations

In Part 2 of our series on the success of electronic IDs in the Nordic countries, we looked at what has made these schemes so successful with near universal adoption rates. We continue along the same vein in this final piece on collaboration. Collaboration comes across as the key theme when analyzing what made the Scandinavian eID initiatives click. It was such a key factor leading to the success of eID schemes in the Nordics, that it deserves a brief case study in its own right.

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Leading the Digital Change, Part 2 – Turning eIDs into universal tools

In our previous article on eID schemes in the Nordic countries, we looked at some of the data showcasing the remarkable adoption and engagement rates for such schemes. A robust electronic identification and signature mechanism provides the foundation over which digital service delivery platforms are built.

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Leading the Digital Change – eID and eSignatures in Scandinavia

The Nordic countries have led the world in digital adoption and innovation for some time now. They often top most digital competitiveness rankings like the 2017 Digital Evolution Index.

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eIDAS – Digitisation of the on-boarding process Part 2 - The Process

In Part 1 of this series, we looked at the objectives or motives behind having an eIDAS enabled digital on-boarding process. In Part 2, we look at the actual process that is followed currently and a few examples of the nifty tools and tricks that some banks, financial institutions and even independent app developers are using to digitize the customer on-boarding process. The process can be further simplified using tools provided by eIDAS for electronic identification and authentication.

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eIDAS – Digitisation of the On-boarding Process Part 1 - Objectives

The initial client on-boarding is a critical process for banks as well as their clients. For banks, the efficiency and speed of the process can leave a lasting impression in the mind of the customer. It can dictate how amenable the relationship would be in the coming months and years. A cumbersome process can make the customer doubt the technical capabilities of the bank and its ability to service their needs efficiently in the future.

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A Brief Analysis of the Market and Stakeholders for eIDAS Enabled Solutions

The ultimate aim of regulations like eIDAS is the creation of a true Digital Single Market (DSM). eIDAS plays its role by providing the necessary authentication and trust service tools to address the needs of the DSM. In order to succeed, however, it is necessary to know what exactly each stakeholder in that market needs.

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The Uniform User Management and Digital Signatures Project – How eIDAS is helping improve EU’s customs interface

With each passing year, the volume of international trade in goods and services keeps rising. With all of this trade, however, comes an associated cost. This not only involves some unavoidable components like shipping, but also costs incurred due to inefficiency in other systems like customs clearances and trust between the trading parties.

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European Citizen’s Initiative – How eIDAS is Enabling Participative Democracy in the EU

The last few decades have seen more countries adopt a democratic form of government than ever before in history. For the most part though, citizens do not directly participate in day-to-day governance but rather elect representatives like Members of Parliament or Senators to do that in their stead. These MPs decide on the issues that are most relevant to society and then these issues are debated on and legislation may follow.

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