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Identiq Summit Brings Together Global Brands for the First Time to Advance Customer Privacy, Safety and Trust Challenges

Singapore's Volopay raises $2.1m

Identiq announced a virtual summit, that for the first time, brought together 17 of the biggest names in payments, retail, ridesharing, online marketplaces, apartment-sharing, gaming and financial services – including Blackhawk Network, Eventbrite, Gett, Green Man Gaming, Intuit, PayU, Plastiq, Udemy and Via – to discuss ways of boosting online trust and privacy while battling fraud and increasing safety. The Identiq Member Summit took place online on March 31, 2020.

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The companies who took part in the Summit demonstrated a commitment to go beyond current norms to fight identity theft, help the ‘unbanked’ population and build customer trust, all with privacy as the center of discussion. They explored how to reimagine identity validation by collaborating to build better trust among business peers while reducing data exposure.

New technologies mean that companies can collaborate directly on an entirely new level, without sharing any personal user data at all. These businesses are looking at innovative ways to pull techniques from the sphere of academic mathematics and use them to make users’ lives smoother and safer.

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“This first sounded almost too good to be true,” said Vlad Branin, GM Global Business Operations at Gett. “As I learned more, I came to the conclusion that this really is possible; I was hooked. The combination of network effect and anonymization should provide a very, very high level of confidence for business decision-makers. I can’t wait to see the possibilities of Identiq realized.”

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