More than two million Australians have created digital identities through the government my.Gov portal in order to access digital services, a statement from two ministers says.
Debit card provider eftpos has launched a FinTech advisory committee in collaboration with FinTech Australia, designed to give fintechs a direct say in how they can access and leverage the eftpos payments network for the “betterment” of Australia’s digital economy.
The Digital Transformation Agency's digital ID program has been described as insecure and unfit for purpose by security researchers who last year found vulnerabilities in the government's COVIDSafe app.
Payment solutions provider Mastercard and telco Singtel Optus have entered into a partnership to provide digital identity verification both online and in-store.
Australia Post's Digital iD services has been accredited by the government as an trusted identity service provider under the Trusted Digital Identity Framework.
The author of a detailed analysis on the Federal Government's proposed identity scheme, GovPass — a trial of which is scheduled to begin this month — says he worked closely with the Digital Transformation Agency while preparing it, but ultimately disagreed with the agency on its implications.
Australia's digital identity program, GovPass, will receive $92.4 million to be taken to completion, beginning in 2018-19, the Federal Budget papers show.
Digital identity company ThreatMetrix is the only leader in multiple categories in Javelin Strategy and Research's Identity Proofing Platform Scorecard.
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