Guangzhou pilot lets consumers use WeChat to create an official digital ID

WeChat poised to become China’s official electronic ID system — South China Morning Post — “The WeChat ID programme was co-developed by the research institute of the Ministry of Public Security and Tencent’s WeChat team, and supported by various banks and several other government departments. The project is expected to help deter online identity theft, as facial recognition technology is used to verify applicants before their virtual ID cards get authorised. Those verified will be able to use their WeChat ID to register in hotels and apply for government services without the need of bringing their physical ID cards.”


Federal Trade Commission to investigate Equifax data breach

FTC probes Equifax, top Democrat likens it to Enron — Reuters — “The US Federal Trade Commission said on Thursday it was investigating Equifax Inc’s massive data breach, and a top Democrat suggested the credit monitoring company’s corporate leaders might need to resign… Senate Democratic leader Chuck Schumer compared Equifax to Enron, the US energy company that filed for bankruptcy in 2001 after revelations of a widespread accounting fraud.”






Obama signs chip and pin law

US President Barack Obama has signed an executive order “directing the government to lead by example in securing transactions and sensitive data” by adding chip and PIN security to payment cards... More




One in three in the UK now aware of NFC

YouGov

Just over a third of British adults (35%) are aware of NFC-enabled mobile devices, with 9% saying they know that their personal device is NFC-enabled and 22% of those having used NFC to make a payment, a YouGov survey of 1,501 people has found... More




Feed for stories about Identity theft.