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ATB Ventures’ Oliu Becomes First Canadian Organization to Achieve Digital ID Certification

March 12, 2024 by Robert Lewis Leave a Comment

In 2022 ATB Ventures, the research and innovation arm of leading Alberta-based financial institution ATB Financial, launched Oliu, a suite of digital identity products.

ATB Ventures announced today that Oliu has achieved certification from the Digital ID and Authentication Council of Canada (DIACC), making it the first organization to get certified for DIACC Pan-Canadian Trust Framework (PCTF).

Oliu is a blockchain-identity management solution that makes it easy for businesses to issue, manage and verify digital credentials. Built on open (W3C) standards, Oliu leverages identity frameworks such as the Pan-Canadian Trust Framework (PCTF) and National Trust and Identity Fundamentals to make mobility and interoperability between identity systems possible.

RELATED: Q+A with ATB Ventures’ Chandra Rink on Strengthening Digital Identity in Canada

“Being recognized as the first Canadian organization to achieve DIACC certification is exceptional validation for Oliu™, highlighting the strength and security of our platform,” said Azim Esmail, Head of Venture & Product at ATB Ventures.

“The certification underscores our dedication to providing secure and reliable digital identity verification solutions that meet the highest standards of quality and integrity. It also reflects our commitment to enhancing trust and confidence in the Canadian digital economy.”

Earlier this year Oliu and Montreal-born Flinks, a provider of financial data connectivity, announced a partnership that will see the two platforms integrate features to enable a frictionless digital ID verification using bank connectivity.

Filed Under: News Tagged With: ATB Ventures, Oliu

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