• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

Business and Government Leaders Endorse Digital ID Tech After G20 Summit

November 29, 2022

Business and Government Leaders Endorse Digital ID Tech After G20 Summit

Government officials and business elites have expressed general support for digital identity technology at the conclusion of the recent G20 Summit.

The official G20 Bali Leaders’ Declaration, a summation of the key points of agreement between the heads of state who gathered for the summit, expressed support for international collaboration on “trusted global digital health networks… that should capitalize and build on the success of the existing standards and digital COVID-19 certificates.” The Declaration went on to note that COVID-19 has “accelerated the transformation of the digital ecosystem and digital economy,” and underscored the importance of digital transformation in helping to achieve the United Nations’ Sustainable Development Goals.

Meanwhile, the B20, or ‘Business 20’ – the official forum for business leaders to message G20 governments – issued policy recommendations including the promotion of digital infrastructure, of which key components were listed as cloud technologies, digital identification, digital payment systems, and digital signatures.

“The G20 should support the design of policies aimed at promoting digital identities as a building block for data privacy and digital trust,” the group wrote.

To that end, the B20 argued in favor of using innovative financing models such as Multilateral Development Banks (MDBs), which source financing from the private sector with the expectation of both achieving philanthropic goals and getting a return on the investment. “The G20 should ask MDBs to support governments in developing and implementing digital identity schemes to bolster financial inclusion,” the group asserted.

There is already considerable momentum on that front. In September, for example, the Gates Foundation announced a $200 million fund for “Digital Public Infrastructure”, specifically highlighting digital ID as a tool of such infrastructure, which can low- and middle-income countries on a number of fronts including food security and disease prevention, while promoting economic growth. The Gates Foundation, announced the funding via its Goalkeepers event, which runs concurrently with the UN General Assembly in New York City.

The B20’s endorsement of digital identity goals through a business-oriented policy event that was itself a kind of adjunct to a global government meeting further illustrates that business and government leaders are coalescing around the promotion of digital ID technologies, paving the way for further rollouts and cross-border interoperability going forward.

Filed Under: Carousel, Industry News Tagged With: B20, digital ID, digital identity, digital transformation, G20, G20 Summit, Gates Foundation, Mobile ID, mobile identity, vaccination credentials, vaccination passport apps

Related News & Articles

Mastercard Survey Finds Growing Support for New Payment Options

NXP Tech Brings mPayments to Classic Watch Design

Dark Web Sees 65% Increase In Passwords for Sale: Report

Primary Sidebar

Register For the Next Virtual Identity Summit

Register now!

Tweets

Sponsored Links

facetec logo

FaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi’s product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • Thai Authorities Approve Mobile ID for Airport Boarding
  • New Yoti Solution Ties Biometrics to e-Signatures
  • Kenya’s New President Pushes for Digital ID By Year’s End
  • MDL, Digital ID Gain Momentum in State Efforts
  • Brazil-based Selfie Onboarding Startup Reports 250% Sales Jump, Global Expansion

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2023 MobileIDWorld