Mastercard tests digital identity service in Australia

Australia Post and Deakin University assist the initial in-market pilot

Digital identity service

Mastercard tests digital identity service in Australia. Source: shutterstock.com

Mastercard announced its new digital service that verifies 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 two separate efforts with Our increasingly digital life – the way we transact and interact – has challenged our traditional notions of identity, trust, and privacy. We need a new model. We believe that this starts with a commitment to the responsible handling of personal information, giving consumers control over which data is used and how it is used to verify their identity
Ajay Bhalla, president of cyber and intelligence for Mastercard

The pilot program aims to allow people to prove their identity without having to carry multiple documents. Instead, it will activate a distributed model blending information stored on a user’s mobile device and verified by additional reference points, such as an individual’s bank or participating government agencies. Along with that, it eliminates the necessity for a centralized identity database.

Mastercard has entered into a separate collaboration with Australia Post to integrate the agency’s existing Digital iD solution. This way, Australians will get an opportunity to identify themselves easily when accessing services.

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