Payments NewsDigital ID Archives - Payments News

French Government to Let Citizens Scan NFC EID Cards to Access Secure Online Services

September 15 2021

in
Digital ID

“French citizens will soon be able to verify their identity when accessing a range of secure online services — including opening a bank account, filing a tax return and paying for their health insurance — by scanning their updated Carte Nationale d’Identité Électronique (CNIE) eID card with their NFC-enabled smartphone. The French government is introducing […]

Companies

Apple Reveals First US States Working to Adopt Digital Apple Wallet IDs

September 2 2021

“After first announcing that iOS 15 would bring support for digital IDs via Apple Wallet back at WWDC in June, the first US states that will lead the adoption of the new standard have been named. There are 8 states announced for now that are committed to using Apple Wallet IDs and interestingly, they’re probably […]

Security

Eftpos Rolls Out Secure Digital Identity Exchange for Australian Consumers

June 30 2021

in
Digital ID

“Australia’s Eftpos national debit card system has launched a digital identity exchange solution that enables consumers to share personal information held by trusted digital ID providers in a wide range of use cases, from opening an online account and making online payments to accessing government services or providing proof of age. Eftpos ConnectID allows users […]

Security

US Credit Union to Let Customers Authenticate Banking Transactions With Mobile Driving Licence

June 30 2021

in
Digital ID

“Utah Community Credit Union (UCCU) is to become the first financial institution in the US state to let its customers use Utah’s mobile driving licence (mDL) as a legal form of identification for all banking transactions. The Utah mDL enables users to provide digital proof of their identity by tapping their mobile device on an […]

Companies

You’ll Soon Be Able to Use Your IPhone As ID at the Airport

June 8 2021

“Apple has announced a forthcoming update to its Wallet app that will allow you to use your iPhone as digital identification in select US airports. The company showed how you’ll be able to scan your driver’s license or state ID in participating US states, which will then be encrypted and stored in the iPhone’s secure […]

Deals

Capital One Ventures Invests in Socure Digital Identity Analytics | Biometric Update

June 7 2021

in
Digital ID

“Socure has boosted Capital One’s digital identity trust to increase card approval rates and slash false positives for its U.S. card team, leading the financial institution’s venture arm Capital One Ventures to make a strategic investment in the company. Socure recently became the latest unicorn biometrics with a $100 million funding round that included several […]

Security

EU set to unveil digital wallet fit for post-Covid life

June 1 2021

in
Digital ID

“The EU is set to unveil detailed plans for a bloc-wide digital wallet on Wednesday following requests from member states to find a safe way for citizens to access public and private services online. The digital wallet would securely store payment details and passwords and allow citizens from all 27 countries to log into local […]

Security

Payments Pioneer’s Vision: Use AI to Link Digital ID, Banks

February 1 2021

in
Digital ID

“Will Graylin’s new company OV Loop wants to use artificial intelligence — including the platform it just inherited with its PayFi acquisition — to connect digital ID to in-app payments, making it easier for banks to work with third-party wallets.”

Security

French Government Selects IDEMIA for the National Digital ID Program

September 9 2021

in
Digital ID

“The updated French national eID card (CNIe) was launched in August 2021, and will enable French citizens to complete online transactions using their smartphone. Citizens will receive an authentication request on their smartphone. They will then place their CNIe on the back of their phone, which will communicate using Near-Field Communication technology. The mobile app […]

Companies

Mastercard to Acquire Ekata to Advance Digital Identity Efforts

April 19 2021

“Trust is the key ingredient to conducting digital commerce. Central to creating trust in a digital world is the ability to prove your digital identity – who you are, whether you are interacting in person, online or in app. Today, Mastercard (NYSE: MA) took steps to advance its identity verification efforts with the acquisition of […]