The UK government has laid out proposals for establishing a framework for the use of trusted and secure digital verification services that will allow consumers to create certified digital identities for use across a range of use cases... More
Security
Utah lets drivers create a mobile driving licence on their smartphone with a selfie
Drivers in the US state of Utah can now opt to create and store a digital version of their driving licence on their Apple or Android smartphone by scanning their physical document and verifying their identity with a selfie using biometric facial recognition technology... More
Bank of Canada reports on offline central bank digital currency design options
Developing a central bank digital currency (CBDC) system that supports offline transactions on smartphones or standalone custom devices will offer users benefits including enhanced resilience, accessibility, inclusivity and privacy, especially in remote areas without a reliable or affordable internet connection, according to the Bank of Canada... More
Nine in ten businesses to increase spending on digital identity verification
Nine in ten businesses across the finance, technology, telecoms and aviation sectors worldwide (91%) plan to increase their spending on identity verification (IDV) technology in the next one to three years, with one in three intending to increase their IDV budget by 20% over that period, an international business survey has found... More
OpenWallet Foundation announces 37 backers for open source digital wallet project
The Linux Foundation Europe’s initiative to build an open source engine that will support the development of interoperable digital wallets across use cases including digital identity, credential authentication and payments has gone live with the backing of 37 private, nonprofit, academic and government entities... More
NFC Forum explains how NFC tags and devices can be used to facilitate mobility-as-a-service solutions
KNOWLEDGE CENTRE: A new white paper from the NFC Forum that explains how NFC technology can be used to facilitate the implementation of mobility-as-a-service (MaaS) solutions by enabling appropriate levels of authentication across a range of use cases is now available to download from the NFCW Knowledge Centre... More
NatWest trials reverse vending machine that lets consumers recycle unwanted payment cards
UK bank NatWest is trialling a ‘reverse vending machine’ that enables consumers to securely recycle unwanted plastic payment, gift and loyalty cards as well as card readers and plastic bottles at locations across London... More
MEPs approve draft legislative framework for European Digital Identity Wallet
The European Union’s Industry, Research and Energy Committee has approved a proposed update to the European Digital Identity Framework that will enable the issuance and usage of the EU’s European Digital Identity Wallet and enable EU citizens to store digital identity credentials on their smartphone... More
Consortium to test digital driving licences and medical prescriptions as part of EU’s European Digital Identity Wallet pilot
An international consortium of 148 public and private sector organisations from 19 European Union member states and Ukraine is to develop and test digital identity prototypes across six use cases including digital driving licences and medical prescriptions as part of the EU’s large-scale European Digital Identity Wallet pilot programme... More
European Central Bank lays out design options for digital euro
The ECB has laid out a series of design and distribution options for a digital euro that describe how the Eurosystem and supervised intermediaries such as commercial banks would operate in order to issue, distribute and settle transactions made using the proposed central bank digital currency. More
Thailand Post uses QR codes to deliver secure digital addresses for letters and parcels
Thai national postal service Thailand Post is to launch a Digital Post ID service that will enable customers to address a letter or parcel with a QR code label rather than revealing the sender and recipient’s personal details by writing or printing them on the envelope or packaging... More
Port of San Diego adds contactless biometric immigration checks using facial recognition
Passengers arriving on international cruise ships at the US port of San Diego can now verify their identity on entry to the country using biometric face recognition technology rather than by presenting physical documents to immigration officers from US Customs and Border Protection (CBP)... More
Three in four airline passengers want biometric ID to replace passports and boarding passes
Three in four airline passengers worldwide want to use biometric data to verify their identity when they travel rather than their passport and boarding pass (75%) in order to simplify, speed up and facilitate airport processes such as check-in, security and border control, an International Air Transport Association (IATA) survey has found... More
Airports to get contactless biometric cards for secure two-factor access control
Airports in the USA and elsewhere around the world could soon begin testing biometric access control cards that use a built-in fingerprint sensor to verify the identity of employees or other authorised cardholders at points of entry to secure areas... More
Hong Kong unveils prototype two-tier CBDC ecosystem for contactless payments in stores
The Hong Kong Monetary Authority (HKMA) has unveiled a prototype two-tier central bank digital currency (CBDC) ecosystem that will enable end users to store digital HK dollars as either intermediated CBDC tokens or CBDC-backed stablecoins in a digital wallet and use them to carry out retail transactions... More
Mastercard releases first quantum-resistant contactless payment cards
Mastercard has launched the first contactless payment cards to incorporate enhanced quantum-resistant security features compliant with EMVCo’s newly released EMV Contactless Kernel Specification... More
EMVCo releases contactless kernel specification to streamline payment acceptance
EMVCo has officially launched the EMV Contactless Kernel Specification detailing the features and requirements for the software used to process transactions in payment acceptance devices such as point-of-sale terminals and ATMs that will simplify and advance global payment acceptance, enhance security, improve transaction speeds and support more reliable data transmission... More
Juniper forecasts 121bn virtual card transactions by 2027
The integration of virtual cards into digital wallet services like Apple Pay and Google Pay will drive a 340% increase in virtual card transactions, from 28bn in 2022 to 121bn by 2027, Juniper Research predicts... More
Linux Foundation launches open source digital wallet project
The Linux Foundation, a non-profit technology consortium that hosts and promotes the development of open source projects including the Linux kernel and Kubernetes, has launched a collaborative effort to develop open source software to support interoperability for a wide range of digital wallet use cases including digital identity and payments. ... More