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Identity has been on a journey in the last 20 years. Rewind the clock and identity started as a thing we did face-to-face – trust was established on a human-to-human basis. For example, opening a bank account involved meeting your banker in person. You trusted the banker because you could meet them in the flesh, and they trusted you as a customer by meeting you in branch. This was identity 1.0.
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Imagine the frustration of knowing you have overdue bills and a government stimulus check headed your way, but you can't immediately access the funds because you don't have an account tied to automatic deposit with a functioning debit card. Step in – Instant issuance. Preserving access to cash and...