Gaurav Sharma (guest)

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.
A Three-pronged Approach to Increasing eIDAS Trust Services Uptake

A Three-pronged Approach to Increasing eIDAS Trust Services Uptake

The last few years have been exciting for all stakeholders involved in the implementation and use of the eIDAS toolbox. Some important milestones have been reached, and new initiatives are taking off. However, to significantly increase the uptake of eIDAS-enabled services, a three-pronged approach is needed to bolster the main growth drivers. This approach is based on the feedback received from the various respondents in a recent ENISA survey and its accompanying report.

International Trade – Building Trust with eIDAS (Part 1 of 2)

International Trade – Building Trust with eIDAS (Part 1 of 2)

International trade is based on the concept of trust. In situations where there isn’t some established trust, the trading parties get their respective banks involved and use various trade finance products like Letters of Credit to ensure that both sides adhere to the terms of the trade as laid out in the contract. This trust fuels global trade and countries where it can be strengthened generally tend to become the preferred trading partners over time. The focus on trust in international trade brings us to the topic of this two-part series. This article focuses on how eIDAS can help establish trust between trading partners world across the EU and worldwide.

How eIDAS can help SMEs grow and prosper

How eIDAS can help SMEs grow and prosper

Small and Medium Enterprises (SMEs) form the backbone of any economy. In the European Union (EU), 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 vital for any country. The EU has a tradition of promoting entrepreneurship and leads the pack regarding ease of doing business, access to finance, a strong legal framework, a robust regulatory environment, and a variety of other support structures.

eIDAS and the eHealth Governance Initiative

eIDAS and the eHealth Governance Initiative

The healthcare market in Europe is valued at more than USD 2 trillion and is projected to increase due to the aging population not just in the EU but also in other countries globally. Healthcare costs vary widely and have led to the growth of medical tourism. There is also significant variation in healthcare standards and expenses within the EU. Although factors such as the number of skilled practitioners and wages contribute to the high cost of healthcare, some inefficiencies can be addressed and eliminated to reduce expenses.

eSignatures and eIdentification – Transforming Digital Business

eSignatures and eIdentification – Transforming Digital Business

A Forrester Research survey found that documents with electronic signatures reduced the error rate by 80% and improved productivity by as much as 85%. Such statistics highlight the potential disruptive power of technologies such as eSignature and eIdentification in transforming digital businesses.

The four pillars of eIDAS

The four pillars of eIDAS

The eIDAS regulation sets the standard for electronic identification, electronic signatures, and trust services. It paves the way for delivering financial, public, and other services online in a more secure and reliable way than ever before.The eIDAS document and its accompanying guidelines provide extensive coverage of the technical aspects. But what are the eIDAS guiding principles?

Digital Identity and eIDAS in Banking

Digital Identity and eIDAS in Banking

The eIDAS Regulation lays the groundwork for creating a robust digital identity framework. The idea is to provide EU citizens with a secure, robust and universal electronic identification that they can use to access private and public services anywhere within the EU.

One sector that is lapping up the new opportunities that eIDAS offers is banking. 

eIDAS and PSD2 – A perfect symphony in the digital marketplace?

eIDAS and PSD2 – A perfect symphony in the digital marketplace?

The European Union is leading the way in the move towards the creation of a single digital market. There are many advantages a digital business has over its more traditional counterparts that are only amplified when such businesses are allowed to operate seamlessly across multiple markets. 

The European Interoperability Framework And eIDAS: What Does This Mean For You?

The European Interoperability Framework And eIDAS: What Does This Mean For You?

The European Interoperability Framework (EIF) adopted in 2017 is the primary thrust in the EU’s effort to improve the efficiency of public service delivery across its member states.