A Survey on Digital Identity Management Models in Digital Banking

Digital banking is a new paradigm that provides a lot of materials for the
bank and increases productivity and profitability for the benefit of the bank
and the customer. In digital banking, due to the storage of the user's identity
characteristics in determining the identity, users will lose their physical and
traditional control over their personal identity information, and therefore, in
order to widely accept digital banking, customers must be sure that their
identity Will not be kidnapped. In order to solve the problem of multiple
user identities, digital identity management systems have been proposed.
Digital identity management system is a set of policies, rules, methods and
systems that manage authentication, access control and audit operations
based on digital identity. The most practical identity management models
are classified into 5 categories, separate model, centralized model,
dependent model, user-oriented model, and mixed management. In this
article, an overview of different models of digital identity management in
the field of digital banking is presented and the advantages and
disadvantages of each are presented.