Mastercard tests digital identity service in Australia

Thursday 12 December 2019 11:06 CET | News

Mastercard has tested a new digital service that has the potential to verify a person’s identity immediately and securely in both the digital and the physical world.

The initial in-market pilot will take place in Australia through Australia Post and Deakin University, and it will test a new way for people to prove their identity without having to carry multiple documents. The initiative will activate a distributed model that blends information stored on an individual’s mobile device and verified by additional reference points, including an individual’s bank or participating government agencies.

The initial phase of the pilot with Deakin University featured student volunteers testing an identity verification process for student registration and digital exams. The partnership with Australia Post aims to integrate the agency’s existing Digital iD solution and expand the ability for Australians to identify themselves easily when accessing services.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: MasterCard, digital identity, Registration, identity, iD, partnership, Australia Post, Deakin University, verification, bank, government
Categories: Fraud & Financial Crime
Countries: Australia
This article is part of category

Fraud & Financial Crime