ChallengeUpdated on 9 January 2026
Alternative Authentication Solutions for High-Risk Transactions
Vice President, Mobile Banking & Mobile Apps at AKBANK T.A.Ş
İstanbul, Türkiye
About
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An additional identity verification step is applied for tansactions that carry high risk in order to prevent financial fraud cases.
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Currently, encrypted identity information from the customer's chip based ID card is read via NFC technology and verified through the government-backed Identity Sharing System.
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Due to issues related to the user, the ID card, or the device, alternative authentication methods that improve accessibility, reduce operational costs, and enhance the overall experience are being considered.
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Solutions that leverage boimetric data for identity verification or device-based security enhancements will be evaluated.
Topic
- Cybersecurity/data security/cryptography
- Design / User interface / UX
- Identity Management
Type
- Co-development
- Acceleration/Incubation, mentoring and co-working spaces
Attached files
Organisation
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How to enable merchants to seamlessly accept multiple public and private digital identity wallets
- Identity Management
- Artificial Intelligence
- Design / User interface / UX
- Proof of concept/pilot testing
- Horizon Europe's project consortium
- Client-provider collaboration (commercial agreement)
Jose Maria Lopez Granados
Head of Business Development & Innovation MeTS Iberia at Worldline
Barcelona, Spain
Challenge
Cybersecurity & Risk Management
- Connectivity
- Co-development
- Identity Management
- Artificial Intelligence
- Proof of concept/pilot testing
- Cybersecurity/data security/cryptography
- Client-provider collaboration (commercial agreement)
Zakariah Awusi
Ag. Chief Bus. Sustainability & Digital Transformation at National Investment Bank
Accra, Ghana
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Digital identity and data platform for packaging
- Access to clients
- Proof of concept/pilot testing
- Client-provider collaboration (commercial agreement)
- Investment (Venture capital and corporate venturing)
- Acceleration/Incubation, mentoring and co-working spaces
Miguel Álvarez Montiel
AI Lead at Hinojosa Packaging Group
Barcelona, Spain