How FinTechs can benefit from the European eIDAS Regulation

The financial services sector has always been an early adopter of technology. This is not surprising considering the nature of the industry with high volumes, the need to complete transactions as quickly as possible, mountains of data, minimum tolerance for errors and multiple points of failure. A zero-tolerance compliance/regulatory environment, coupled with considerable inertia in the banking system further necessitates the need to use tech tools to their full potential. This reliance on technology by the financial services sector is perhaps why the FinTech start-ups are in so much demand.

Read more

eIDAS and Trade Finance

Trade is the lifeblood of the global economy. And Trade Finance is what greases the cogs of international trade. The last few decades of globalization have meant that supply chains have become global.

Read more

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. 

Read more

Trends in Cryptography Part 3 – HSMs and Cloud Computing

In this final part of the series, we look at how cloud computing will impact the use of cryptography and at the future of HSMs; and finally, we reflect on what you can do to be ready for the advances in cryptography that lie ahead.

Read more

Trends in Cryptography Part 2 – Blockchain, IoT and Quantum Technology

As part 2 of this 3-part series, here we look at new applications such as blockchain and IoT, as well as the impact of quantum technology.

Read more

Trends in Cryptography Part 1 – Algorithms and Encryption

Cryptography has come a long way since ancient times, and the pace of development has been especially quick over the last 2 decades. Indeed, many fundamental aspects of our modern world – finance, communications, e-commerce, national security – are built on the bedrock of cryptography.

Read more

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.

Read more

Achieving High Performance and Scalability with Remote Electronic Signatures

National digital signature schemes that utilize remote signing technology can achieve very high usage rates, whereas Trust Service Providers and Banks (who might use the schemes) also tend to reach millions if not tens of millions of signatures per year - with peaks exceeding hundreds per minute. In this article we discuss the key elements for designing a scalable architecture to deliver a digital signing service under a high Service Level Agreement (SLA) with high throughput and low latency.

Read more

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.

Read more