Home > Industry > Mastercard Launches Digital ID Push In Aussie Market

Mastercard Launches Digital ID Push In Aussie Market

Mastercard has chosen Australia as the test bed for its digital identity platform, beginning with two trials, including one with Australia Post and the other with Deakin University.

Mastercard said its digital ID model allows the data to sit with the user and is activated via a “distributed model” – ie, information stored on an individual’s mobile device and verified by additional reference points, such as an individual’s bank or participating government agencies.

It said this method eliminates the need for a centralised identity database.

Students from Deakin University used the platform for the identity verification process of student registration and digital exams.

Meanwhile, a separate partnership with Australia Post will see Mastercard’s new offering be integrated into the postal service’s existing Digital ID solution.

You may also like
Christine Holgate Takes Top Job At Australia Post Rival
Christine Holgate Issues An Ultimatum To The Government
Australia Post Ex-Boss Ahmed Fahour Also Gave Out Expensive Watches, Audit Finds
LIVE: Ex Oz Post CEO Takes On PM, Brands Chairman A Liar
Aus Post Appoints Woolies Exec For Top Job Amid Holgate Firestorm