Payment provider Mastercard is seeking to become a trusted digital identity provider and, to this end, has applied for accreditation under the Australian Government's Trusted Digital Identity Framework.
Debit card system provider eftpos says it is on track to bring large-scale payments competition to Australia’s online retailer sector in November, with a range of additional security features now available to the payments industry.
Debit card processor eftpos hasn't given up the fight against its multinational rivals. Its Product Roadmap 2021 Update outlines plans for mobile wallets, ecommerce, digital identity, APIs and fintech access, and QR codes.
With the claim of "cutting edge biometric and document verification", the Australian founded identify verification solution, greenID, has been seriously upgraded.
Debit card provider eftpos has announced an updated digital product and technology rollout scheduled for the next two years which it claims will create greater value, ease and security for consumers and businesses by enabling “compelling innovations” for members, Fintechs and retailers that enhance the digital commerce experience.
Payment solutions provider Mastercard has completed the second pilot of its digital identity service, ID, with Deakin University and Australia Post.
Digital identity provider Okta has won a contract with the South Australian Department of Education to use its technology for its new EdPass project, following a competitive tender.
Digital identity apps in use will exceed 6.2 billion in 2025, up from 1 billion in 2020, according to a new study.
The use of unique mobile identifier services, which provide identity verification through SIMs, will generate over $7 billion globally for mobile operators in 2024 – up from an expected $859 million in 2019, a growth of over 800%, according to a newly published analyst report.
The government has kicked off a pilot of its myGovID identity solution on the last day of October, with the trial open to people who have iPhones at the outset as a private, beta app is available for this operating system only. An Android app is expected to be issued next year and a Web interface to be provided after that.
Australians are more comfortable using digital identities to engage with government than with commercial entities or financial service providers, citing data security concerns and not feeling in control of their own identity as the top barriers, according to a new research report.
While Australia put paid to the concept of a national identity card in 1986, Singapore boldly went forth and established its SingPass (Singapore Personal Access) system in 2003. Now, the innovative little nation of four million is taking a step further with plans to give every citizen an online digital identity.
The Federal Government intends to ask Australians to have a single ID check and then create something known as Govpass to prove their identity when dealing with any government agency.
Blockchain deployments will enable banks to realise savings on cross-border settlement transactions of more than US$27 billion by the end of 2030, reducing costs by more than 11% per on-chain transaction, according to a newly released global report.
When the Federal Government begins its trial of the identity solution Govpass in October, it will be both a proud and a nervous time for Rupert Taylor-Price, the man behind Vault Systems, the company providing the cloud infrastructure for the solution.
Cryptocurrency marketplaces, designed to facilitate trading on the full range of digital currencies, are experiencing a range of fraudulent activity, according to a new report from digital identity company ThreatMetrix.
Digital identity company ThreatMetrix is the only leader in multiple categories in Javelin Strategy and Research's Identity Proofing Platform Scorecard.
Mapping the ‘foundation for global shared intelligence,’ ThreatMetrix says its ‘data science innovation maps billions of identity associations and gets stronger with every transaction.’
With an 80% increase in fraud attacks detected and stopped year-on-year, Threatmetrix’s detailed 33-page report is a must-read cybercrime thriller.
Digital identity company ThreatMetrix has made 16 cybercrime predictions for 2016, with four main themes that all revolve around digital identities.
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