Digital ID participated in a panel discussion at Intersekt, the largest gathering of Australian Fintechs, hubs, accelerators, policymakers, regulators, investors and advisors, devoted to examining, discussing and unlocking the potential of Australia’s Fintech market. Joining Digital ID First Assistant Secretary John Shepherd on the panel to talk about digital trust were Dave Hyland, ID Partners, Stuart Stoyan, agPAY, and Tehani Legeay, Equifax.
Questions included how government defines digital trust today and also how we make sure we have a system that includes all Australians. The key messages from John were about how trust starts with knowing who you are dealing with—their identity—and additionally industry plays a role in building digital trust, not just government.
Digital ID also facilitated a very well attended roundtable at Intersekt that brought together industry leaders, service providers, and innovators to explore the benefits, metrics and transformation opportunities of Digital ID. Participants emphasised that the value of Digital ID lies in its ability to drive measurable business outcomes. Benefits include reducing onboarding costs, reduction in personal data being retained and streamlining regulatory compliance.
The insights and benefits discussed were firmly anchored in return on investment, underscoring Digital ID as not just a digital enabler, but an enabler for better commercial performance. he economy to benefit a range of consumers and businesses.
