Digital identity is one of the most significant technology trends to exist today. It has transformed public and private institution interactions. Increased digital and online interactions, customer demand for seamless identification across applications, demand for security and privacy, financial and reputational risk of identity theft and fraud, government digitization activities, and rising regulatory requirements are driving interest in digital identity. Several fintech startups in India contribute to the growth of this industry by seamless identity verification for banks and other financial institutions.

In our panel discussion,¬†eminent¬†speakers will address the significance of digital identity solutions in fintech and the issues driving digital identity in today’s world.

Key Takeaways:

  • Digital Identity plays a vital role by making onboarding secure and easy to consumers. If an identity issued in one country gets accepted in another country, then it becomes a powerful driver of economic growth (also known as cross-border identity).
  • Citizens get contactless, anytime-anywhere service delivery with Artificial Intelligence, Machine Learning, Deep Learning, and IoT (Internet of Things), thereby improving the digital identity landscape.
  • All the tech companies working on digital identity are trying to establish a layer of trust when consumers interact for biometric verification.
  • A balance between privacy, consent, and citizen convenience services is the key for more innovations in the digital identity ecosystem.

Speakers

Rajat Maheshwari

Vice President, Digital Identity & Biometrics at Mastercard

Rajat Maheshwari is Mastercard’s Vice President of Product Management in the Asia Pacific, based in Singapore. In his current role, he is responsible for our Identity business for regional governments, which includes creating an Identity ecosystem that can help expedite and accelerate identification procedures, decrease the cost of onboarding, manage customer risk, and prevent fraud.

G.T. Venkateshwar Rao IRS

Commissioner ESD & MD TSTS, Govt. of Telangana

Shri G.T. Venkateshwar Rao, IRS, is on deputation as Commissioner (Electronic Service Delivery), Special Commissioner (e-Governance), and Managing Director, Telangana State Technology Services in ITE&C. He was the first officer from the Income Tax Department to serve as First Secretary (Economic) in Singapore from 2010-13 and win the Prime Minister Prize for Excellence in Public Administration in April 2010 for 360-degree profiling to detect tax evasion.

Moderators

Vamsi Kotte

CEO at Syntizen

Vamsi Kotte, Syntizen’s Co-Founder and CEO, has over 8 years of experience in biometric and digital identification solutions. Syntizen is an Indian-registered startup company incubated in India’s T-Hub, the country’s largest government-backed startup incubator. It is also a member of India Stack and a part of NASSCOM 10K Startup.