3:00 PM – 3:40 PM

Customer Identity Verification, Fraud and Standards: How best to respond

40 mins
Stuart is going to talk about the MyIdentity trust scheme, which has been designed to specifically meet the needs of those involved in home buying and selling. Stuart will discuss: o What the standards are and what does it all mean? o A scheme update on the new home building sector, conveyancing/legal and mortgage lending sectors. o How it applies to estate agents and the industry. o Impacts on businesses and customers alike. o How best to respond and working with certified identity service providers (IDSPs). o How to implement the standards into your business. The UK Government has been working on customer digital identity standards and the Data Protection and Digital Information Bill (“DPDI Bill”) I expected to pass in the spring of this year. These new identity standards have been designed to improve how customer identity checks are carried out to help improve standards that we can trust and rely on.