Page 73 - ITU-T Focus Group Digital Financial Services – Technology, innovation and competition

ITU-T Focus Group Digital Financial Services
Technology, Innovation and Competition

Figure 11: Anonymity between agents and mobile money providers

The hub would facilitate anonymity between the mobile money operators and agent network services whilst
providing assurances that each party was genuine during transactions. Reconciliation of funds and electronic
float would be managed by the hub between master accounts and subdivided by either the mobile money
operator or agent network manager as appropriate. Liability for each party would lie with the identities they
manage.

However, concerns relating to this model include the potential for the conventionally government-operated
hub to track usage between parties. Depending on the data recorded the integrity of the service could be
undermined by a lack of privacy for both agents and consumers.

A.4.2 Brokered identity model summary

Brokered IDP model
Description Involves a number of IDPs undertaking identification and authentication services and sharing
data with service providers via a central hub.
Strengths • Enables cost savings through the use of shared resources;

• Facilitates competition and consumer choice;
• Privacy enhancing.

Weaknesses • Privacy benefits are dependent on the storage of transaction data by the
central hub;

• Competition among IDPs has to be carefully regulated.
Examples UK Verify, US Connect.gov

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