AP+ announces the passage of the Digital ID Bill

According to AP+’ officials, the reforms represent a further step in Australia’s journey towards a more secure and inclusive digital future. Also, through ConnectID, businesses can benefit from knowing that their customers’ identities are verified by a trusted source and consumers can be assured they are sharing less data. By introducing a secure, unified digital identity framework, Australia can develop a more efficient and secure digital ecosystem, in which businesses can expand their operations, and consumers can navigate the digital landscape conveniently and confidently.

Furthermore, the digital identity framework is set to provide additional opportunities for productivity, as well as increased security for individuals’ data. Considering that Australia is currently advancing its digital transformation, AP+ and ConnectID aim to take part in this journey by utilising the capabilities of the digital identity system to provide increased functionality and security for consumers and businesses in Australia. As a digital identity solution, ConnectID focuses on facilitating data exchange, enabling businesses to verify their customers’ identity securely.

By providing payment services which are intended to be resilient, safe, efficient, and cost-effective, AP+ aims to meet the present and future requirements of the users of the Australian payments system, including financial institutions and payment service providers. The company also plans to facilitate the provision of low-cost solutions for retailers, other businesses, and their customers.

At the beginning of October 2023, AP+ announced the launch of ConnectID for Australia’s businesses and consumers, in a bid to minimise fraud and identity theft. The company developed the solution to enable individuals to securely verify their identity to third parties without requiring them to repeatedly share data about themselves.