BDB: Krautscheid on the proposal for a Digital Identity Framework

04 June 2021

The European Commission published its proposal for a Digital Identity Framework. Its aim is to allow all Europeans to use trusted digital identities for both public and private offers

Andreas Krautscheid, Chief Executive of the Association of German Banks, had this to say about the new framework,

“It is right and high time the European Commission tackles the issue of digital identities. The lack of widely useable digital identity data has so far been holding up the digitisation of Germany and Europe. This proposal must be used to create a uniform and technology-neutral legal framework for public and private solutions. Too many business processes in companies and administrations still suffer from media discontinuity because digital identity data cannot or may not be used. Identity data that already exists, for example, at banks could be used to drive the process forward. On top of which, being able to verify a person’s digital identity will also be important for the introduction of a digital euro.”

BDB

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