European eID schemes provide 69% of ID information needed to digitally apply for financial services, although gaps still exist. 40% of consumers have abandoned a bank sign up process because of the time and effort needed. Financial institutions need to be able to onboard customers 100% digitally. Digital Identity Service Providers (DISP) are the key to bridging the gap. The report, The Rise of Digital Identities, is based on exclusive Innopay research and looks at how eIDs are currently used to onboard consumers to financial services across seven countries.”]