On 18 September 2014, the EPC published a blog entry on the Next Steps in the Area of Online Payments: Is Europe Ready for e-Identity? It has discussed the relationship between digital identity and the regulatory initiatives put forward by the authorities, such as the PSD2 and the SecuRe Pay recommendations and the challenges that remain for the e-identity industry to take-off.

What this means for you

The idea of e-identity in Europe is pressing but the translation of such an idea into a working reality is still a work in progress. It is hoped that the PSD2 will shed much needed light on this area for Europe’s future economic prosperity.