What benefits would accrue to IdPs? 80 WORLD ECONOMIC FORUM | 2016 IDENTITY PROVIDERS Defined risk and liability 2. Defined risk and liability •Liability guidelines would be clearly defined and communicated; IdPs would be clear about their liability in the event of data loss or breach, or contravention of the standards for identity provision Competitive positioning 3. Competitive positioning •IdPs would be able to forge a strong relationship with users and position themselves as a critical part of the digital economy, given their unique insight into users and their established position of trust 1. Revenue growth •IdPs would complete identity transactions for RPs; this would allow them to monetise identity‐as‐a‐service through per‐transaction fees or other business models Revenue growth 4. Improved products and services •IdPs would have increased access to detailed and reliable user information that would allow them to better tailor processes, products and services •IdPs could begin to draw on non‐standard user attributes to better manage and evaluate risk (e.g., health records) •Secure digital identity protocols and digital attribute transfer would improve user experience and expand the number of services that IdPs could securely provide online Improved products and services
