CALGARY, AB, March 28, 2024 /CNW/ - ATB Ventures, the
research and innovation arm of ATB Financial, today announced a
collaboration between Oliu™, its digital trust platform, and the
Government of Alberta. The
collaboration will see Oliu™ further expand its identity
verification capabilities, offering fast, efficient and secure
verification for Albertans with an Alberta.ca Account.
Alberta.ca Account, originally introduced in 2015, caters
to individuals with a valid email address, while verified accounts,
launched in 2017, are available to Alberta residents with a valid driver's
licence or identification card issued by the province. With over
3.5 million active Alberta.ca accounts, 2.1 million verified
accounts, and more than 1 million actively used accounts, the
platform has become integral for Albertans accessing online
government services, akin to presenting an ID card or driver's
licence in person.
Organisations using Oliu™'s digital trust platform will be
able to enhance and streamline the identity verification process
for Alberta-based customers,
quickly onboarding those who have a verified Alberta.ca Account.
Customers choosing this method of identity verification when
opening a new account with an organisation that has integrated the
Oliu™ platform will be prompted to sign in to their existing
Alberta.ca Account. By doing so, their verified status is logged by
the new service provider without copying the user's personal
information, ensuring a fast, efficient, and highly secure
onboarding experience.
"This project empowers Albertans to choose how they want to
identify themselves when accessing online services. It's a great
show of confidence that ATB is taking advantage of the secure
Alberta.ca Account to deliver value to its customers," Nate Glubish, Minister of Technology and
Innovation.
Adding customer identity verification using existing Alberta.ca
login credentials further expands the Oliu™ platform's utility for
its customers. Using Oliu™, organisations now have an even greater
number of options to quickly and securely verify their customer's
identities resulting in seamless onboarding experiences.
"At ATB Financial, we are proud to partner on this initiative
which aims to deliver a safer and more efficient online environment
for Albertans. Enabling Albertans to leverage their verified
Alberta.ca Account for secure identity verification, enhances
digital access while prioritising their privacy," stated
Dan Hugo, Chief Financial and
Strategy Officer at ATB Financial.
As a component of the collaboration with the Government of
Alberta, Oliu™ completed a
thorough PIA (Privacy Impact Assessment) which was submitted
to, and gained acceptance from, the Office of the Information and
Privacy Commissioner of Alberta
(OIPC).
ABOUT OLIU™
Oliu™ is a digital trust platform that makes it easy for
businesses to issue, manage and verify digital credentials. Built
on open (W3C) standards, it offers real-time layered identity
verification, privacy and control over personal identity data, and
protection against fraud and identity theft - all
while enabling fast, efficient, and secure customer experiences.
Oliu™ is the first Canadian company to achieve the PCTF
certification through DIACC.
To learn more about Oliu™, please visit https://oliu.id/
About ATB Ventures™
ATB Ventures is the research and innovation arm of ATB
Financial, a leading Alberta-based
financial institution. Driving growth at the edges and exploring
opportunities beyond financial services, ATB Ventures focuses on
helping companies bridge the gap between consumers' increasing
concerns about privacy and security, and their desire for more
advanced personalised experiences. To learn more about ATB
Ventures, please visit https://atbventures.com/
About ATB Financial
With $60.2 billion in assets, ATB
Financial is a leading financial institution that started in
Alberta with the focus of putting
people first. Our success comes from our more than 5,000 team
members who love to deliver exceptional experiences to over 800,000
clients across our Personal and Business Banking, ATB Wealth
Management and ATB Capital Markets businesses. ATB provides expert
advice, services and products through our many branches and
agencies, our 24-hour Client Care Centre, four entrepreneur centres
and our digital banking options. ATB powers possibilities for our
clients, communities and beyond.
SOURCE ATB Ventures