The European Union's Digital Identity (EUDI) Wallet aims to revolutionize digital access across the #eu, offering a user-friendly solution for citizens and businesses. The initiative goes beyond payment use, promising secure connectivity in areas like healthcare, banking and public administration. Currently in its pilot stage, it aims to equip 80% of the EU's population with the EUDI Wallet by 2030. #eudirective We have dedicated the new Digest report to this theme, which should mark a major change in the fight against cyber fraud. #cyberfraud #digitalidentity #cybersecurity Patrick Desmares Leandro Seligmann Silvia Cunill Calvet Lukas Dzuroska Carlo Giugovaz
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📱💡 #EU Digital Identity Wallet: Progress and Pushback The journey towards the European Digital Identity (#EUDI) Wallet is both exciting and challenging. Recent developments highlight growing tensions and new criticisms, but also some notable wins. While the promise of a secure, interoperable digital wallet for EU citizens is undeniable, concerns about privacy, implementation, and trust continue to be raised. 🔐 This article sheds light on the ongoing debate and what it means for the future of digital identity in Europe. As digital transformation sweeps across industries, ensuring transparency and addressing these concerns is crucial for adoption. 🌍 What’s your take on the EUDI Wallet’s progress? Is it a game-changer for digital identity or are we overlooking key issues? 🤔 #DigitalIdentity #EUDIWallet #DataPrivacy #Innovation #DigitalTransformation #Signhost #Entrust https://lnkd.in/dCMfJ_dF
EUDI Wallet sees more tensions, new criticisms and some wins
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𝗩𝗶𝗲𝘁𝗻𝗮𝗺 𝗺𝗮𝗻𝗱𝗮𝘁𝗲𝘀 𝗳𝗮𝗰𝗶𝗮𝗹 𝗿𝗲𝗰𝗼𝗴𝗻𝗶𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗽𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝗮𝗯𝗼𝘃𝗲 𝗨𝗦$𝟯𝟵𝟬.💳 Vietnam's new measure to secure digital transactions with facial recognition sparks #privacy concerns amid rising #cyberthreats. With .vn ranking fifth globally for cyber-attacks in 2023, the debate between #security and privacy intensifies. Keyless' flagship Zero-Knowledge Biometrics technology does not store biometric data anywhere, protecting user privacy and delivering built-in multi-factor security with just one look at the camera. Learn more about Keyless now 👉 https://lnkd.in/dSN43Pud 🗞️ https://lnkd.in/dmmCi5Hg
Vietnam mandates facial recognition for digital payments above USD 390
thepaypers.com
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Join us in a 3 part series where we deep dive into #eIDAS2 Across this series we will be looking into: ✅ The development of the eIDAS regulation and framework ✅ Looking at the direct impact on individuals, buniesses and governments ✅ How you can start to prepare for eIDAS right now! Starting the series with: eIDAS Deep Dive: The Evolution of Digital Identity in Europe Discover how the EU's eIDAS2 regulation mandates decentralized identity and digital wallets, enhancing data control, security, and privacy for individuals and businesses. Learn how this will revolutionize digital interactions and reduce fraud. Check it out here: https://lnkd.in/e3HpTfUv #digitalidentity #verifiedcredentials #vidos #europeanunion #eu
Vidos by Mailchain | eIDAS Deep Dive: The Evolution of Digital Identity in Europe
vidos.id
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INTERNATIONAL NEWS: Switzerland takes another step towards digital ID 🇨🇭 Switzerland is moving closer to launching its national digital ID, with the Council of States recently approving the legal framework for the project. The E-ID Act still needs final approval from the National Council, especially on data protection and cybersecurity concerns, which have been major hurdles in the past. Unlike a previous plan rejected by voters, the new system will be government-controlled, giving users more control over their data. Set to roll out in 2026, the digital ID aims to balance privacy and security, with a concrete technical proposal expected by the end of the year. h/t Biometric Update #digitalID #digitaltrust #digitalgovernance #dataprotection #cybersecurity https://lnkd.in/gyyrcig9
Switzerland takes another step towards digital ID
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Digital identification is an important topic and one with large security implications if done poorly. Concerns over security of such a system and the privacy are paramount, but the move toward more digital tools such as identity and currency are not going away. The proposal outlined in this article, if done well, would continue to allow people to have more control over their digital information. An interesting read. https://lnkd.in/ggVU_bEb
The EU Digital Identity Wallet: Everything you need to know about the EU's plans for a universal digital identity system | TechCrunch
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Emerging trends in online financial transactions emphasize the importance of multi-factor authentication and biometric security to protect personal data. As the fintech industry evolves, ensuring robust data privacy is essential for maintaining user trust and security.
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In the "Challenges with New Payments Adoption" fireside chat at the Women in Payments Australia 2024 Symposium, we’ll explore the evolving obstacles in the adoption of new payment technologies. Co-hosted by Anne A'Speculo (ANZ), Teresa Connors (Payment Matters), and Simone Joyce (Paypa Plane), this session will delve into the complexities of integrating new technologies with existing infrastructure, addressing cybersecurity threats, and managing the shift from cash to digital payments. This fireside chat will provide valuable insights into balancing innovation with robust security and accessibility for successful payment adoption in Australia. #WomenInPayments #WIPAUS2024 #GrowthPoweringPayments #Australia #Payments #Fintech #WomenLeaders
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🛡️ A Milestone for Digital Europe: eID's Secure Digital Wallets! Discover how the EU's new digital identity framework, announced on a press release on March 26th, 2024 by the Council of the EU, paves the way for secure, universal digital wallets. 🚀 EU's Digital Transformation: The EU adopts a legal framework for a secure digital wallet, ensuring full control over personal data. 📱 Mobile Identity Verification: Easily prove identity and share documents using mobile digital wallets across the EU. 🔒 Enhanced Security & Privacy: Truvity's solution aligns with EU's focus on security, offering users control over their digital identity. Do you think the new EU digital identity will boost online security and user control? Share your thoughts! Read the full press release here: https://lnkd.in/dwSeKXzX #DigitalIdentity #eIDAS2 #EUDigitalWallet
European digital identity (eID): Council adopts legal framework on a secure and trustworthy digital wallet for all Europeans
consilium.europa.eu
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🆕The Digital Governance Standards Institute (DGSI) is proud to announce the publication of CAN/DGSI 120:2024: Use of Biometrics for Authentication, a groundbreaking national standard that addresses the pressing need for guidance in biometric authentication processes. In an era marked by technological advancements and digital transformation, the need for robust authentication mechanisms has never been more critical. Biometric technologies offer numerous advantages for verification and authentication, providing a secure and convenient method of ensuring digital trust. However, these technologies also pose challenges and risks, including privacy concerns and the potential for misuse. The standard provides a comprehensive framework for the implementation of biometric authentication systems. It ensures consistency, reliability, and security across various applications and sectors, ranging from border control to financial transactions and mobile device security. 🔗For more information on CAN/DGSI 120:2024 visit: https://lnkd.in/d2bKZYQn
CAN/CIOSC 120: Guidance for Authentication of Remote Biometrics
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Exciting news: EU Launches Digital Identity Wallet 🚀 The European Union unveiled its latest innovation - the Digital Identity Wallet, revolutionising how citizens, residents, and businesses interact in the digital landscape. Empowering individuals with control over their personal data, this initiative offers a secure and convenient method for managing their digital identity. 🔒 Find out more about how this new digital wallet will simplify processes and enhance security, in the article below 👇 https://lnkd.in/eJ5h3NTP #digitalidentity #digitalwallet #cybersecurity #iam #accessmanagement
EU introduces digital identity wallet for citizens and businesses
thepaypers.com
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