THE Government’s thrust for a national identification system has received support from the head of one of the country’s largest financial players.

President and chief executive officer of the Sagicor Group Christopher Zacca says a national identification system is important for bringing more Jamaicans into the formal economy through electronic transactions, which he said is the way of the future.

“Every other country is doing that. We have gone a far way at Sagicor and in Jamaica; I think we have made progress. Some of the impediments to that are the regulations around knowing your customer. We just have to continue finding innovative ways to regulate, but at the same time freeing up the system so that smaller people can enter the formal system,” Zacca told a recent Jamaica Observer Monday Exchange.

http://www.jamaicaobserver.com/news/zacca-backs-proposal-for-national-id-system_195811