Digital identity and financial services: driving adoption by aligning policy, practice, regulation and fraud prevention
10.30am – 1pm2 March 2026
London
techUK, 10 St Bride Street, London, EC4A 4AD
As financial services continue to evolve, digital identity has moved beyond a supporting role to become a critical enabler of a modern, resilient sector. Digital verification is playing a central role as firms increasingly turn to technology to meet rising customer expectations, combat financial crime and adapt to regulatory change. From fraud prevention and streamlined AML compliance to faster, safer and more inclusive customer journeys, embedding trusted digital identity across the financial ecosystem will be essential to maintaining the UK’s position as a leading global financial centre.
With an estimated 40% of global illicit financial flow passing through the City of London and the Crown Dependencies, the potential impact of stronger fraud prevention in the UK is significant. The digital identity and verification sector is both capable and ready to support this effort. Research identifies 239 UK-based digital ID companies, 85% of which are engaged with customers within financial and professional services. This demonstrates not only market maturity, but a synergistic opportunity between digital identity solutions and the sectors most exposed to financial crime.
Now is not the time for incremental progress. The UK has the foundations in place for greater adoption. Policymakers and industry must act together to embed digital identity at the heart of financial services- moving decisively from capability to widespread adoption.
Clear regulatory language, timelines, and a shared long-term vision can unlock sector-specific use cases across AML compliance, customer onboarding, and fraud prevention, giving firms the confidence to invest and scale.
Join techUK as we bring together regulators, policymakers, and industry leaders from across digital identity and financial services to identify the barriers to adoption, align on priorities, and set out the practical steps needed to deliver a more secure, efficient, and trusted financial ecosystem.
Insights from this roundtable will inform a techUK briefing to regulators and government departments, setting out where greater clarity, coordination and targeted policy intervention are needed to embed digital identity more fully across financial services.
We’ll explore:
What real world benefits are digital ID providing financial services today? And how does adoption look in practice?
Where do solutions currently exist, which are not being fully capitalised upon?
What policy barriers currently exist, preventing greater adoption?
Why has adoption remained patchy despite mature technology and clear fraud risks?
Should digital ID be an explicit priority within existing regulatory roadmaps- and if so, where?
Agenda
10:30
techUK Intro
10:35
Keynote 1: Office for Digital Identities and Attributes | DSIT
10:45
Keynote 2: Financial Conduct Authority
11:00
Roundtable: How can we drive further adoption of digital identity across financial services
12:00
Networking
Elis Thomas
Programme Manager, Tech and Innovation, techUK
Elis Thomas
Programme Manager, Tech and Innovation, techUK
Elis joined techUK in December 2023 as a Programme Manager for Tech and Innovation, focusing on Semiconductors and Digital ID.
He previously worked at an advocacy group for tech startups, with a regional focus on Wales. This involved policy research on innovation, skills and access to finance.
Elis has a Degree in History, and a Masters in Politics and International Relations from the University of Winchester, with a focus on the digitalisation and gamification of armed conflicts.
Digital identities will provide a gateway for citizens and SMEs into the digital economy. techUK members demonstrate the benefits of digital identity to emerging markets, raise their profile as thought leaders, influence policy outcomes, and strengthen their relationships with potential clients and decision-makers. Visit the programme page here.
techUK Digital ID Report
Following the UK Government’s announcement on the introduction of mandatory digital ID on 26 September, techUK has published a new report outlining a clear roadmap to support the successful and trusted rollout of digital ID across the country.
Our members develop strong networks, build meaningful partnerships and grow their businesses as we all work together to create a thriving environment where industry, government and stakeholders come together to realise the positive outcomes tech can deliver.
Sue leads techUK's Technology and Innovation work. This includes work programmes on AI, Cloud, Data, Quantum, Semiconductors, Digital ID and Digital ethics as well as emerging and transformative technologies and innovation policy. In 2025, Sue was honoured with an Order of the British Empire (OBE) for services to the Technology Industry in the New Year Honours List. She has also been recognised as one of the most influential people in UK tech by Computer Weekly's UKtech50 Longlist and was inducted into the Computer Weekly Most Influential Women in UK Tech Hall of Fame.
A key influencer in driving forward the tech agenda in the UK, in December 2025 Sue was appointed to the UK Government’s Women in Tech Taskforce by the Technology Secretary of State. She also sits on the UK Government’s Smart Data Council, Satellite Applications Catapult Advisory Group, Bank of England’s AI Consortium and BSI’s Digital Strategic Advisory Group. Previously, Sue was a member of the Independent Future of Compute Review and co-chaired the National Data Strategy Forum. As well as being recognised in the UK's Big Data 100 and the Global Top 100 Data Visionaries in 2020, Sue has been shortlisted for the Milton Keynes Women Leaders Awards and has been a judge for the Loebner Prize in AI, the UK Tech 50 and annual UK Cloud Awards. She is a regular industry speaker on issues including AI ethics, data protection and cyber security.
Prior to joining techUK in January 2015, Sue was responsible for Symantec's Government Relations in the UK and Ireland. Before that, Sue was senior policy advisor at the Confederation of British Industry (CBI). Sue has an BA degree on History and American Studies from Leeds University and a Master’s Degree in International Relations and Diplomacy from the University of Birmingham. Sue is a keen sportswoman and in 2016 achieved a lifelong ambition to swim the English Channel.
Associate Director - Technology and Innovation, techUK
Laura Foster
Associate Director - Technology and Innovation, techUK
Laura is techUK’s Associate Director for Technology and Innovation.
Laura advocates for better emerging technology policy in the UK, including quantum, future of compute technologies, semiconductors, digital ID and more. Working alongside techUK members and UK Government she champions long-term, cohesive, and sustainable investment that will ensure the UK can commercialise future science and technology research. Laura leads a high-performing team at techUK, as well as publishing several reports on these topics herself, and being a regular speaker at events.
Before joining techUK, Laura worked internationally as a conference researcher and producer exploring adoption of emerging technologies. This included being part of the team at London Tech Week.
Laura has a degree in History (BA Hons) from Durham University and is a Cambridge Policy Fellow. Outside of work she loves reading, writing and supporting rugby team St. Helens, where she is from.
Elis joined techUK in December 2023 as a Programme Manager for Tech and Innovation, focusing on Semiconductors and Digital ID.
He previously worked at an advocacy group for tech startups, with a regional focus on Wales. This involved policy research on innovation, skills and access to finance.
Elis has a Degree in History, and a Masters in Politics and International Relations from the University of Winchester, with a focus on the digitalisation and gamification of armed conflicts.