6 C
Brussels
Monday, December 23, 2024
EuropeProtecting customers’ data UK-Based Nuggets Joins the ID2020 Alliance

Protecting customers’ data UK-Based Nuggets Joins the ID2020 Alliance

DISCLAIMER: Information and opinions reproduced in the articles are the ones of those stating them and it is their own responsibility. Publication in The European Times does not automatically means endorsement of the view, but the right to express it.

DISCLAIMER TRANSLATIONS: All articles in this site are published in English. The translated versions are done through an automated process known as neural translations. If in doubt, always refer to the original article. Thank you for understanding.

Newsdesk
Newsdeskhttps://europeantimes.news
The European Times News aims to cover news that matter to increase the awareness of citizens all around geographical Europe.

Frustratingly, 2020 was the worst year on record for data breaches, signalling a seismic shift in consumer attitudes towards privacy,”

Alastair Johnson, CEO & Founder of Nuggets

LONDON, UNITED KINGDOM, January 28, 2021 /EINPresswire.com/ — The ID2020 Alliance is delighted to welcome U.K.-based Nuggets as the newest member of its vibrant community. The Alliance is made up of public and private sector organizations who share a common commitment to good ID for all.

The Nuggets proposition could not be clearer, proclaiming boldly that “privacy is a fundamental human right” and signalling an immediate alignment with the ID2020 Manifesto – the statement of principles that guide the Alliance’s work.

“We are always excited to welcome organizations who so wholeheartedly embrace our values,” said ID2020 Executive Director, Dakota Gruener. “When we talk about complex issues, such as identity and data ownership, we know that transparency is essential to building trust – with customers, partners, and users. We could not be more excited to welcome Nuggets to the Alliance as we work together toward a future with good digital identity for all.”

Nuggets offers a robust decentralized self-sovereign ID and payments platform, that enables consumers to retain control of their personal information and businesses to protect their customer’s data. Their solution leverages biometrics for verification, strong customer authentication, and cryptographic proof of identity to facilitate customer onboarding (KYC & KYB), single sign-on with biometrics, omnichannel payments, age verification, contactless delivery and verified two-way communication transactions through a scalable, decentralized digital ID.

Founded in 2016 by Alastair Johnson and Seema Khinda Johnson, Nuggets is available in Europe and Australia and is expanding its platform into new verticals including financial services, which has been advanced by a significant partnership with LexisNexis Risk Solutions, one of the largest protectors of private and confidential data in the world.

Nuggets has already won numerous awards for its industry leading FinTech offerings, including most recently from Deutsche Bank. As part of their recent growth, Nuggets has established commercial partnerships with global companies such as LexisNexis Risk Solutions, LatPay, QFPay and a variety of other organizations.

“Frustratingly, 2020 was the worst year on record for data breaches, signalling a seismic shift in consumer attitudes towards privacy,” said Alastair Johnson, CEO & Founder of Nuggets. “On this Data Privacy Day – held annually on January 28 to create awareness about the importance of respecting privacy, safeguarding data and enabling trust – it feels particularly timely for Nuggets to join forces with ID2020 and the other brand leaders that are helping to make protecting customers’ data a top priority in this increasingly data-driven digital world.”

The ID2020 Alliance also continues to grow at a healthy pace, welcoming organizations from the public and private sectors that share our commitment to user-managed privacy-protecting, and portable digital ID. As an Alliance, we are only as strong as our members and we are thrilled to add Nuggets to the partnership as we move–together–towards providing good ID for all.

- Advertisement -

More from the author

- EXCLUSIVE CONTENT -spot_img
- Advertisement -
- Advertisement -
- Advertisement -spot_img
- Advertisement -

Must read

Latest articles

- Advertisement -