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.
Examining the Impact of eIDAS - Part 2

Examining the Impact of eIDAS - Part 2

In Part 1 of our series exploring the wide footprint of the eIDAS regulation, we looked at things like PSD2, the European Citizen’s Initiative, and the eHealth Governance Initiative. However, these are just a few examples of the many applications of the eIDAS mechanisms. In this part, we examine some other interesting applications, including Social Security and the prevention of Money Laundering.

How eIDAS is Levelling the Playing Field for Small Businesses

How eIDAS is Levelling the Playing Field for Small Businesses

SME’s are the backbone of any economy. They provide jobs to a broad cross-section of society and strengthen the economic foundation of nations. The EU has numerous regulations in place to help SME’s grow and prosper and uplift the local communities that they operate in as well. However, no matter how friendly the regulations may be, the biggest challenge for SME’s remains their small size. They just don’t have the resources, the manpower or the capital to compete head-to-head with their larger counterparts. 

But is it possible to level this playing field a bit? Can we change some things that can reduce transactional costs to a non-prohibitive level for SMEs? Let’s take a look at just how the eIDAS regulation can help level the playing field by alleviating, at least partially, some of the main SME pain points.

EBA’s opinion on elements of Strong Customer Authentication under PSD2 – Part 2 – Possession and Knowledge

EBA’s opinion on elements of Strong Customer Authentication under PSD2 – Part 2 – Possession and Knowledge

Financial institutions and solution providers are busy implementing the requirements of Strong Customer Authentication (SCA) under the Revised Payment Services Directive (PSD2) and the Regulatory Technical Standards (RTS).

EBA’s Opinion on elements of Strong Customer Authentication under PSD2 – Part I - Inherence

EBA’s Opinion on elements of Strong Customer Authentication under PSD2 – Part I - Inherence

A fundamental objective of the Revised Payment Services Directive (PSD2) has been to reduce the risk of fraud to the maximum extent possible and ensuring security for electronic payment transactions.

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

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. To succeed, however, it is necessary to understand the precise needs of each market stakeholder.

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

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

In the last few decades, we 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 most important topics for society, which are subsequently debated and legislation may follow.

eIDAS and Trusting the Internet of Things

eIDAS and Trusting the Internet of Things

The Internet of Things (IoT) is a broad term for the billions of connected physical devices, including vehicles, appliances, and other electronics that can communicate and exchange data with each other. These devices are everywhere; by 2020, there are likely to be anywhere from 3 to 7 connected devices for every living person!

Connecting Europe - eInvoicing and eIDAS

Connecting Europe - eInvoicing and eIDAS

The EU has launched a number of initiatives to realize the aim of creating a unified Digital Single Market. The Connecting Europe Facility (CEF) is a funding instrument that provides the primary thrust for this initiative. The CEF uses certain underlying building blocks (known as Digital Service Infrastructures) to achieve this objective of providing an interconnected and unified marketplace.

eIDAS and the eSignature Standards Driving Digitization in the EU

eIDAS and the eSignature Standards Driving Digitization in the EU

The world is slowly but surely moving away from its centuries-old obsession with paper. With the very real threat of man-made climate change, it is a welcome sign that the world is moving towards electronic means for recording and communicating information which is reducing the pressure on our forests. In addition to the trees saved, this also reduces the carbon impact of having to physically ship those documents around – usually via the least carbon-efficient modes like airplanes.