| 49 أنور المفتى م نصر |
| كود المقالة : 1054-CFLASU2023-FULL |
| المؤلفون: |
|
Sherif Mohsen AbdELFATTAG Shaltout * مدیر عام بنک القاهرة |
| المستخلص: |
| Digital identification and authentication have become critical components in assuring secure and efficient digital payment processes as a result of the rapid growth of digital technology. This study explores the legal issues regarding the incorporation of artificial intelligence (“AI”) in digital identity and authentication systems, as well as the profound consequences for the Arab digital payment ecosystem. This document recognizes the growing importance of electronic Know Your Customer (eKYC) procedures as well as the general acceptance of digital identity in the banking industry.. This paper examines important conclusions, legal issues, and regulatory frameworks related to digital identity and authentication, with particular emphasis on the Egyptian banking sector. It looks at how regulatory organizations like the Central Bank of Egypt (“CBE”) and the Financial Regulatory Authority (“FRA”) might help provide safe online financial services. It is investigated if the emergence of regulatory sandboxes may promote financial innovation while maintaining compliance. To highlight the complexity of the regulatory setting, legal issues comprising identity verification difficulties, child onboarding regulations, the influence of legal capacity on digital identification, and consent management best practices are also explored. The eIDAS rule and the digital identification guidelines from NIST are offered as insights. The report ends by making suggestions for Egypt, such as boosting consent management, strengthening regulatory frameworks, encouraging collaboration, and implementing a national digital identity policy. While addressing legal issues and assuring data privacy, |
| الكلمات الرئيسية: |
| AI, open banking, Digital Identity, eKYc , Legal Capacity , SSI , GDPR , NIST , |
| الحالة : تم الموافقة على المقالة |
