digital identity

A digital identity is information on an entity used by computer systems to represent an external agent. That agent may be a person, organization, application, or device. ISO/IEC 24760-1 defines identity as "set of attributes related to an entity".

Source: en.wikipedia.org

Skyfire CEO Says AI Agents Need New AI Payments Rails
Skyfire CEO Says AI Agents Need New AI Payments Rails
August 22, 2024  |  artificial intelligence

A new startup is addressing a significant challenge in artificial intelligence: enabling AI agents to independently manage financial transactions. San Francisco-based Skyfire has announced $8.5 million...

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Samsung-IDEMIA Partnership Brings Mobile IDs to Iowa Drivers
Samsung-IDEMIA Partnership Brings Mobile IDs to Iowa Drivers
July 22, 2024  |  Identity

Biometrics firm IDEMIA has teamed with Samsung to bring mobile IDs to Iowa. The collaboration, announced in a news release Monday (July 22), allows Iowa...

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Skipify’s Shrauger on Moving Past Wallets to Digital Identity as Payment Credentials
Skipify’s Shrauger on Moving Past Wallets to Digital Identity as Payment Credentials
July 15, 2024  |  Payments Innovation

Consumers want what they want, how they want it. Consequently, when it comes to payments and commerce, businesses that can adapt to their needs and...

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EU Continues Testing Digital Identity Wallets
EU Continues Testing Digital Identity Wallets
June 23, 2024  |  Digital Identity

The European Union (EU) is getting closer to rolling out its digital identity wallet. As the European Commission (EC) noted on its website recently, the...

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State Dept. Tests Online Passport Renewals as Digital IDs Gain Traction
State Dept. Tests Online Passport Renewals as Digital IDs Gain Traction
June 14, 2024  |  Identity

The U.S. State Department recently announced it is beta testing a public-facing program that enables would-be travelers to renew passports online. As of this week,...

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Digital IDs and Biometrics Upgrades Define Future of Transaction Security
Digital IDs and Biometrics Upgrades Define Future of Transaction Security
June 11, 2024  |  Authentication

The interlinked future of digital identity and biometrics is already starting to transform payments. As digital wallets increasingly gain traction, the security features driving their...

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Will FinCen’s Customer Identification Program Burden Banks and Consumers?
Will FinCen’s Customer Identification Program Burden Banks and Consumers?
May 24, 2024  |  Regulation

The fight between financial institutions and fraudsters is an eternal one, and a key battlefield remains identifying customers at the initial point of interaction and onboarding. In short, making...

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Mastercard and African Development Bank Group to Provide Digital Identities
Mastercard and African Development Bank Group to Provide Digital Identities
May 24, 2024  |  Digital Identity

Mastercard and the African Development Bank Group formed an alliance to provide digital access to critical services to 100 million people and businesses in Africa over the next 10 years....

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Worldcoin Ordered to Stop Iris-Scanning Operations in Hong Kong
Worldcoin Ordered to Stop Iris-Scanning Operations in Hong Kong
May 22, 2024  |  Biometrics

Worldcoin, the eyeball-scanning digital identity startup co-founded by OpenAI CEO Sam Altman, has been ordered to cease its operations in Hong Kong. Hong Kong’s Office of the Privacy Commissioner for...

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