Pilot builds on previous Deakin Mastercard tests and integrates with Australia Posts Digital iDPaves the way for a simple secure and scalable approach to verifying identity digitallyAs a result of the pandemic people and businesses have increasingly adopted a more digital life particularly for shopping and sending money. But the opportunities for greater convenience and security dont stop with payments.This month Mastercard Australia Post and Deakin University expanded tests of ID Mastercards digital identity service to verify students taking exams online. The platform represents an opportunity to create new ways for people to confirm their identity without having to handover any physical documents when completing an application accessing benefits booking accommodations and more.This latest pilot builds on previous tests1 at Deakin University now exploring how ID can securely connect and integrate with services from other providers like Australia Posts Digital iD. Connecting with these trusted third-party platforms extends the value and use of the service to more providers and partner organisations in Mastercards ID network.The rising demand for and myriad challenges of premium online education is accelerating the implementation of new solutions for the global higher education sector said William Confalonieri Chief Digital Officer at Deakin University. Being able to pilot this emerging digital identity technology with our students aligns with Deakins digital-first strategy and keeps us at the forefront of the innovation wave to deliver a superior experience for students while bolstering the integrity and confidence of identity verification systems that are safe secure and accurate.Making it Simple and SecureThe pilot saw students create a digital identity in Australia Posts Digital iD app and use it to gain access to Deakin Universitys exam portal. Integrated into both organisations platforms ID successfully orchestrated the sharing of verified identity data between the two parties sending only the specific personal information required to permit entry using its highly secure network.As the number of online transactions grows so does the need for individuals and organisations to have access to a safe convenient and uniform way to verify a persons identity in both the physical and digital worlds said Christian Seely General Manager Identity Products and Services Australia Post. By collaborating with other industry leaders such as Mastercard we can help grow adoption of digital identity in Australia tackle fraud and improve trust in online interactions.Digital identity must be built on a framework of trust partnership and consumer choice. Demonstrating this level of interoperability points to the huge potential for more partners across more sectors such as telecoms retail banking and government to provide greater value and impact. Integrating with IDs highly secure network enables these services to extend the reach of their existing offering while enabling consumers to stay in complete control over where their identity data is stored and how it is used said Richard Wormald Division President Australasia Mastercard.Creating New OpportunitiesID offers businesses governments and educational institutions an end-to-end solution for creating validating and using a digital identity. The expanded Deakin pilot program is the latest development for the platform as the university explores potential uses both on and off campus.Mastercard also recently announced a partnership with Optus one of Australias most trusted telco brands to provide its customers a simpler and more secure way to prove their identity online and in-store. Elsewhere Mastercard has partnered with The Government of the Republic of North Macedonia to design a new national digital identity service to help advance the countrys digital economy aspirations.As a leader in secure technology Mastercard is focused on creating a digital identity service that is global in scope sensitive to local needs reusable and interoperable between institutions and sectors while ensuring that consumers are the guardians of their own data. Mastercard has announced partnerships with national and international technology players including Samsung and Microsoft and will continue to collaborate with like-minded organisations in developing digital identity solutions around the world.
🔍 Key Information
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Tender Reference No.
458331337
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Publication Date
26 Nov 2020
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Sector
Banking, Finance, Insurance and Securities (BFIS)
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Notice Type
News
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Location
Australia
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Documents & Downloads
No documents found
🏷️ CPV
No CPV found
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