Digital ID
Mastercard gains certification as digital ID service provider
Mastercard has been officially certified as a digital identity service provider under the UK government’s Digital Identity and Attributes Trust Framework (DIATF). The certification enables Mastercard to expand its revenue opportunities offering its digital ID service,...
Dutch Consortium provider IDEMIA deploying a European digital travel credential pilot between Canada and the Netherlands
IDEMIA, the global leader in identity technology, is partnering with a Dutch Consortium consisting of the Ministry of Justice & Security, Ministry of the Interior, Ministry of Defence/Royal Netherlands Marechaussee, Amsterdam Airport Schiphol and KLM Royal Dutch...
NatWest offers digital ID services
Amid banks being urged to stake out an active role in digital trust economy, NatWest Group has partnered with ID provider OneID to offer its new Customer Attribute Sharing service as a digital ID solution. OneID will provide verification and authentication services to...
Entrust survey: More than half of population consider passwords a thing of the past, in favour of digital IDs for convenience
Some insights can be gleaned from Entrust's report on the 'Future of Identity' which reveals that customers are the native decision makers reshaping digital identity trends of the future, corroborating Finextra's findings into customers spearheading innovation in...
Launch of Web3 ID Coalition
Image: Cointelegraph The Web3 ID Coalition has officially formed as a nonprofit organisation advocating identity ownership for all to inform government policy. The member-based alliance operates several functions to promote, advocate, program and research Web3 to...
Digital verification services framework to be passed before parliament in data bill
Being passed before Parliament members this week is the government’s Data Protection and Digital Information Bill which will include a drafted framework governing consumer-permissioned digital identity verification services used by firms. Nfcw.com reported the...
London Stock Exchange firm and Mastercard share tools to unlock digital transformation
GIACT - a London Stock Exchange Group business - is looking at forming a collaborative partnership with Mastercard to mutually share its digital identity verification solutions with Mastercard’s open banking capabilities. The partnership will pursue faster and more...
3 months to go until Identity Week Europe!
There are exactly 3 months until the opening of Identity Week Europe 2023 in Amsterdam - the first upscaled edition to reflect the size and magnitude of this industry's innovation. Our exciting move to Amsterdam is to primarily upgrade a suitable venue to house the...
The future of Digital Banking will be open, North America lagging behind European regulation
Finextra’s report summarises the certain future of digital banking for North America which the banking sector is hurtling towards due to growing customer demands. In the report, young generations and millennials are described as the native consumers of digitalisation...
Lloyds bank invests in Yoti’s reusable digital identity proposition
Lloyds Banking Group has heavily invested £10 million in digital identity to create safer customer experiences onboarding, authenticating and making transactions where fraud remains a top challenge. Digital identity company Yoti received the tender and this latest...
Myanmar deactivates incorrectly registered SIM cards
The junta Department of Communications have set about deactivating accounts of SIM card holders in Myanmar whose registrations mismatch databases provided by the Ministry of Immigration and Population. A cut off deadline was set for 31 January 2023, encouraging...
Bahrain bank launches campaign with cash prize for onboarded customers
Al Salam Bank in Bahrain is launching a campaign offering a cash incentive if new customers digitally onboard, after acquiring and migrating customer services from AIthmaar Bank. In November 2022, the bank's annual financial report was published indicating end of year...
OIX criticises UK govt’s centralised digital ID system
The Open Identity Exchange opposes a government centralised digital ID system for citizens in favour of a decentralised private model, which typically hands back control to users over their personal data and digital credentials. Chief strategist Nick Mothershaw has...
Panel announcements – Identity Week Europe 2023!
With Identity Week Europe 2023 fast approaching we want to highlight some of the inspiring and industry leading panel sessions we have lined up.Register before midnight on Friday 10th March to reserve your place and save 40% on conference passes before the price goes...
ICO approves fourth UK GDPR certification scheme
The Information Commissioner's Office (ICO) has approved a fourth GDPR certification scheme aimed at training and qualification providers following the success of other schemes looking at areas including children's data privacy and age assurance technology. The...
91% of firms increasing their expenditure on ID verification
New research shows that 91% of businesses recognise the value of increasing their expenditure on identity verification in the next 1-3 years to secure their data and alleviate identity fraud, 43% admitted. Identity verification is already embedded into ensuring...
Webinar analysis: Demystifying the EUDI Wallet Architecture Reference Framework
The European Commission is inching closer to unveiling the interoperable European Digital Identity (EUDI) Wallet Solution for all Europeans accepted by member states. The webinar digs deep into the recently published Architecture and Reference Framework (ARF) by the...
First 40 speaker announcement for Identity Week America 2023!
Identity Week America 2023 is returning to the Walter E. Washington Convention Center, Washington D.C. on October 3-4 2023!As the largest identity event on the continent, we will be welcoming thousands of senior industry representatives, alongside over 250+...
Mastercard and Vesta fraud management partnership – Asia
Mastercard and fraud management platform, Vesta are combining their products in a partnership to forward state-of-the art fraud resistant solutions for merchants in Asia. Mastercard is offering its Cyber & Intelligence products which will be utilised with Vesta's...
Mobey Forum forms expert group, diversifying payment solutions for digital wallets
Mobey Forum, which represents players in the financial sector, is forming an expert group on digital wallets to explore use cases and commercial opportunities for participation in beyond payment solutions. Customer-focused payment demand has led to innovation from...
Follow us!