Sun Life Financial Inc. has agreed to collaborate with SecureKey Technologies Inc., a provider of identity and authentication solutions using Blockchain technologies.
In a statement, Sun Life said that this collaboration would make it easier for its clients to do business with Sun Life, "enabling them to conveniently and securely share identity information using other trusted providers, such as banks, telcos, and governments."
"As part of our relentless focus on making it easier for our clients to do business with us through new digital capabilities, we are proud to team up with SecureKey to offer an even more simplified online experience," said Mark Saunders, Sun Life's executive vice president and chief information officer. "As we take the next step along our digital transformation journey, we'll soon be able to streamline and simplify the onboarding process for new clients by using SecureKey's permission-based tools and Blockchain security to instantly verify personal information."
Sun Life expects to introduce this technology to its clients in Canada in the coming months. It said that some of the benefits include:
- Blockchain based solutions designed to make it easier for its clients to share their credentials in an efficient and secure way.
- Seamless and real-time identity verification process for new clients to streamline digital offerings.
- Quick and easy data updates to information, enabling sharing of the most current, verified client data.
"We are very excited for Sun Life to join the Verified.Me ecosystem," said Greg Wolfond, the founder and chief executive officer of SecureKey Technologies. "Through this strategic relationship, Sun Life is reinforcing its commitment to providing the best possible digital experience for its clients."
Learn more: www.sunlife.com; www.securekey.com.