Sri Lanka, Nov. 2 -- The rural towns of Sri Lanka display identical economic patterns which show thriving small businesses and active weekly markets and dedicated people who sustain their local economic base.

The country's energetic atmosphere exists alongside an unperceived financial exclusion which blocks formal banking access to millions of Sri Lankan citizens. The fast growth of digital banking and fintech innovation will not result in complete financial inclusion because all citizens require dependable digital identification systems that verify their personal identity.

The missing link: Trust through identity

Financial inclusion needs trust because users need to prove their authentication process security to access services. Digit...