Mobile ID World

Identification Revolution

Mastercard Opens Blockchain Platform to B2B Applications

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"...Mastercard said its blockchain technology will "initially" be offered for B2B applications, where it can help to track not only transactions but also supply chains, with a 'proof of provenance' capability built into the system." Mastercard is taking a big step into blockchain with its new announcement that it will open access to its own blockchain API to third party … [Read more...] about Mastercard Opens Blockchain Platform to B2B Applications

Mastercard Offers Full Support for Digital Currency in the Bahamas

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The Central Bank of the Bahamas is working with Mastercard and Island Pay to improve the utility of the country’s Sand Dollar digital currency. The partnership will specifically allow users to convert Sand Dollars to ordinary Bahamian dollars. That, in turn, will allow them to use those Sand Dollars to pay for goods and services beyond the Bahamas, since they will be able to … [Read more...] about Mastercard Offers Full Support for Digital Currency in the Bahamas

WEF Explains How AID:Tech’s Blockchain App Will Help Give Everyone a Legal Identity

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The World Economic Forum (WEF) is calling attention to a new app that uses blockchain technology to provide a legal digital identity to those without more traditional documentation. The solution was intended to raise social and financial inclusion, giving vulnerable populations a way to prove their identity when they go to vote, open a bank account, or access … [Read more...] about WEF Explains How AID:Tech’s Blockchain App Will Help Give Everyone a Legal Identity

Mastercard Joins the ID2020 Alliance

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Mastercard has joined the ID2020 Alliance, the financial services giant has announced. The latter group is a public-private partnership aimed at promoting user-managed digital identity solutions. The organization has worked with global companies including Accenture and Microsoft in support of United Nations efforts to establish recognized identity as a basic right, and has … [Read more...] about Mastercard Joins the ID2020 Alliance

Microsoft Previews Open-Source, Blockchain-Based Decentralized ID Platform

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"ION is built with Sidetree technology that will eventually be laid over the top of the Bitcoin Blockchain, though the code is still being developed..." Microsoft’s Identity Division is giving developers a preview of a new digital identification network designed to make decentralized identities more feasible on a global scale. Senior Program Manager Daniel Buchner … [Read more...] about Microsoft Previews Open-Source, Blockchain-Based Decentralized ID Platform

New Mastercard Start Path Class Spans Range of Fields

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"The 11 members of its newest class span across the fields of healthcare, blockchain, and social media-based payments. Some have already generated substantial buzz on their own, such as HYPR..." Mastercard has announced the biggest and most diverse class for its Mastercard Start Path program yet. Launched near the start of 2014, Mastercard Start Path is an accelerator … [Read more...] about New Mastercard Start Path Class Spans Range of Fields

Former CIA Deputy Director to Advise Mastercard on Digital Security

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Mastercard now has a high-profile security expert on its team: Jeanne Tisinger, the CIA's former Deputy Director, is now a Senior Advisor to the credit card company. In a statement announcing her appointment to the role, Mastercard asserted that as Deputy Director of the Central Intelligence Agency, Tisinger "was responsible for the agency’s physical and cybersecurity … [Read more...] about Former CIA Deputy Director to Advise Mastercard on Digital Security

IDEMIA and ConsenSys Team Up to Make Digital Currencies More Accessible

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IDEMIA and ConsenSys are trying to raise financial inclusion with a new solution that will ensure that everyone has access to digital currencies. The buzz around Central Bank Digital Currencies (CBDC) has grown over the course of the past year, and several countries are expected to launch such currencies to the public within the next 12 months. The problem, according to … [Read more...] about IDEMIA and ConsenSys Team Up to Make Digital Currencies More Accessible

Biometrics and Consumer Authentication: This Week’s Top Stories

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This week's roundup of Mobile ID World's most popular stories covers a range of technologies and application areas, with biometrics and consumer authentication figuring prominently as key themes. One increasingly popular area of consumer-facing biometrics is that of fingerprint scanning payment cards, so it's no wonder that Mobile ID World readers showed a lot of interest in … [Read more...] about Biometrics and Consumer Authentication: This Week’s Top Stories

IDEX Sensors to Be Used in Goldpac Digital Wallet

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The Goldpac Group has selected IDEX Biometrics as its technology partner for its digital currency project in China. The company now plans to deploy IDEX’s fingerprint sensors in a new hardware-based digital wallet that will be compatible with the country’s new Digital Currency/Electronic Payment (DC/EP) program. DC/EP refers to China’s new national digital currency, which … [Read more...] about IDEX Sensors to Be Used in Goldpac Digital Wallet

Biometric Cards, Digital ID, and Machine Learning: This Week’s Top Mobile ID Stories

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This week's roundup of Mobile ID World's top stories brings us two prominent themes: alternative approaches to digital ID, and biometric cards. The latter topic has been gaining momentum over the last several months, and this week brought the latest big development in this emerging space. IDEMIA and Mastercard have launched their first trial of biometric payment cards in … [Read more...] about Biometric Cards, Digital ID, and Machine Learning: This Week’s Top Mobile ID Stories