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A single digital identity could unlock billions in economic opportunity

Our systems for verifying identity online have failed to keep up with the digitisation of the economy – or the expectations of consumers.

Frustration, a lack of control and inefficiency is costing Australia’s economy up to $11 billion in missed opportunity.

What’s the solution?

Our 2016 research into digital identity, in conjunction with the Boston Consulting Group (BCG), reveals:

  • Consumers want to be in control of their identity but are happy to share data if it makes life easier
  • For business, a single digital identity could increase conversions and reduce the cost to serve and risk of fraud
  • Increasing uptake in an opt-in system is challenging, and will depend on private and public sectors working together.
 

Our white paper, A frictionless future for identity management . shares the findings of this research and reveals how we can make every digital interaction safer and simpler for all Australians.

Please provide your details to download the white paper now.

 
 
 
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