Corporate Vision June 2017

CORPORATE VISION / June 2017 33 What I Know, What I Have and What I Am Company: SecureKey Technologies Name: Greg Wolfond Web Address: securekey.com g “Online, the problem is much harder. Data breaches give criminals access to knowledge- based data that helps them impersonate with ease. Identity verification processes take too much time and are fraught with weaknesses. To ensure a better process, we are working on developing a platform that puts consumers in the middle, with complete control of their private information – empowering digital consumers to take back their rights to digital assets.” Greg concludes this in-depth interview by sharing his future aspirations for the firm. “Later this year, we’ll be launching a new identity network designed to provide consumers with complete control of their digital identity, to combat identity fraud and the complicated, lengthy and costly validation process that it results in, and to remove much of the friction consumers face today in trying to get things done. “The new service which recently won grants for its architecture and approach from both the U.S. Department of Homeland Security Science & Technology Directorate and the Canadian Government, which will allow consumers to use their smartphone to verify that they are who they say they are, when they want to get things done online, in person or over the phone. Using trusted sources to verify the three core elements of identity – ‘What I Know, What I Have and What I Am’ – the new service puts privacy first while making it easier and more secure to open or access accounts and services, gain access to and update personal information, control who has access to what records and when, and communicate and share information with trusted destinations and services right from a smartphone when they need to verify their identity. “It’s safe, secure, and completely under their control, and supported by an ecosystem of trusted companies – including BMO, CIBC, Desjardins, RBC, Scotiabank and TD – committed to providing a better, safer digital ID experience for users.” SECURE