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connectID, Eftpos' digital identity solution, goes live

Friday 25 June 2021 12:33 CET | News

Payments company Eftpos has announced that its digital identity business, connectID is now live as a fully owned subsidiary of Eftpos and as a standalone fintech company.

ConnectID acts as a broker between identity service providers and merchants or government agencies that require identity verification, such as proof of age, address details, or bank account information. It has been designed to work within the federal government's Trusted Digital Identity Framework (TDIF) and the banking industry's TrustID framework.

Eftpos has also assured that connectID does not store any identity data.


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Keywords: eftpos, digital identity, fintech, product launch, identity verification
Categories: Fraud & Financial Crime
Companies:
Countries: Australia
This article is part of category

Fraud & Financial Crime