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GLEIF Launches Global Business Identity Initiative to Boost Financial Inclusion for African SMEs

GLEIF Launches Global Business Identity Initiative to Boost Financial Inclusion for African SMEs
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Global Digital Business Identity Initiative Launches To Boost Financial Inclusion For African Businesses - LSEG (London Stock Exchange Group), Zimbabwe's NMB Bank Limited, GLEIF, Cenfri And Cornerstone Unlock Access To Trade Finance And Boost Economic Potential For SMEs

Global Digital Business Identity Initiative Launches To Boost Financial Inclusion For African Businesses - LSEG (London Stock Exchange Group), Zimbabwe's NMB Bank Limited, GLEIF, Cenfri And Cornerstone Unlock Access To Trade Finance And Boost Economic Potential For SMEs
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GLEIF Confirms J.P. Morgan as First Validation Agent in the Global LEI System – Bankless Times

GLEIF Confirms J.P. Morgan as First Validation Agent in the Global LEI System
The Global Legal Entity Identifier Foundation (GLEIF) this week announced J.P. Morgan has become the first validation agent in the Global LEI System.
The Validation Agent Framework, announced by GLEIF in September 2020, enables financial institutions to improve their customer experience, accelerate client lifecycle management and reduce costs by using ‘business-as-usual’ know-your-customer (KYC) and anti-money laundering (AML) onboarding procedures to facilitate LEI issuance for their clients.
J.P. Morgan and LEI issuer Business Entity Data B.V. (BED), a wholly owned subsidiary of The Depository Trust & Clearing Corporation (DTCC), have together issued the first LEI under the new validation agent model, via BED’s GMEI Utility service. ....

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GLEIF Welcomes China Financial Certification Authority Advances – Bankless Times

GLEIF Welcomes China Financial Certification Authority Advances
The Global Legal Entity Identifier Foundation (GLEIF) has welcomed the first commercial demonstration of legal entity identifiers (LEIs) embedded within digital certificates by the China Financial Certification Authority (CFCA). Simultaneously, GLEIF confirms CFCA, which is a member of the GLEIF Certification Authorities (CA) Stakeholder Group, is the newest validation agent in the Global LEI System and the inaugural CA to sign up for the validation agent role.
These developments by CFCA follow the recent launch of the GLEIF CA Stakeholder Group, created as a platform for GLEIF to collaborate with CAs and trust service providers (TSPs) on the coordination and promotion of a global approach to LEI usage across digital identity products. CFCA’s advances are significant because they are the earliest reported successes aligned to the direction of this industry initiative, which is aimed at achieving a critic ....

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GLEIF Welcomes Pioneering Advances by China Financial Certification Authority (CFCA) Which Pave the Way for Increased LEI Usage in Mass Market Digital Identity Products

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CFCA launches first commercial demo of LEI usage in digital certificates and becomes the first Certification Authority to act as a Validation Agent in the Global LEI System, streamlining LEI issuance with digital ID product and service provision
The Global Legal Entity Identifier Foundation (GLEIF) has welcomed the first commercial demonstration of Legal Entity Identifiers (LEIs) embedded within digital certificates by the China Financial Certification Authority (CFCA). Simultaneously, GLEIF confirms that CFCA, which is a member of the GLEIF Certification Authorities (CA) Stakeholder Group, is the newest Validation Agent in the Global LEI System and the inaugural CA to sign up for the Validation Agent role. ....

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