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ARTICLE · 01 JULY 2022

Digital Identification In Jersey

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There have been considerable changes made to the way we do business in recent times. These changes were arguably inevitable but were accelerated as a result of lockdowns and forced home working...

JerseyFinance and Banking

There have been considerable changes made to the way we do business in recent times. These changes were arguably inevitable but were accelerated as a result of lockdowns and forced home working, challenging the finance industry to consider innovative ways to continue to offer their services. The way in which onboarding of clients and customer due diligence, in particular, is undertaken has shifted. Along with "wet ink" signatures, original identification documents or "wet ink" certified copies of identification and verification documents are less frequently requested. Face to face verification and manual paper-based checks can be costly, are inconvenient to clients and sometimes, not possible. Digital methods are ultimately becoming the default choice for the identification and verification of individuals.

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