Case Study: Credit Unions Adopt Decentralized Identity Successes, Challenges and Lessons Learned from MyCUID Pilot Programs

Data security, particularly around identity, has become a major concern for consumers everywhere due to ongoing data breaches and waves of identity. In the financial industry, digital identity protect …

Data security, particularly around identity, has become a major concern for consumers everywhere due to ongoing data breaches and waves of identity. In the financial industry, digital identity protection is especially crucial. Innovative credit unions have collaborated to develop CULedger, a credit union service organization offering MyCUID, a consumer-focused global digital identity solution.Join CULedger and leaders from credit unions currently utilizing MyCUID to learn about the lessons learned during implementation, how success was defined throughout the pilot programs and key takeaways that can be applied to any SSI initiative. Attendees will also hear how this technology has helped credit unions better manage Know-Your-Customer regulatory requirements, expedite identity verification in-person, on the phone and online, and enhance the overall security and protection of credit union members.