Innovate Finance has published its submission to the Home Affairs Committee pointing out the benefits of Digital ID for combatting financial crime, streamlining services and fostering innovation. The submission looks at the various benefits of Digital ID in both preventing crime and enhancing security as well as detecting it, but calls for a unified fraud data-sharing system.
It would like to see a new National Anti-Fraud Centre to co-ordinate data sharing, and a secure, Government-backed Digital ID framework.
