Mastercard joins ID2020 Alliance to advance digital identity as a fundamental Human Right - Biometric Update

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Source link: https://www.biometricupdate.com/202005/mastercard-joins-id2020-alliance-to-advance-digital-identity-as-a-fundamental-human-right
Published by: BIOMETRIC UPDATE on 22 May 2020
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Mastercard has joined the ID2020 Alliance to further the organizations’ collaborative efforts on user-managed, privacy-protected and portable digital identity solutions. The ID2020 Alliance was launched in 2016 as a global public-private partnership bringing together stakeholders to advocate for

fund, and implement projects, provide technical support, and certify identity solutions as best-in-class. The ultimate goal is to enable all people globally to exercise their basic human rights and become economically empowered.

“Digital identity can be a powerful force multiplier to enhance social and economic opportunities for all people,” says ID2020 Executive Director Dakota Gruener. “But to fully realize that potential, governments, technology companies, financial institutions, and civil society must collaborate. We are delighted to welcome Mastercard to the ID2020 Alliance and applaud their commitment to privacy-protecting, user-centric digital identity.”

Gruener recently [...]

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Who are Biometric Update?
Biometric Update is the leading online news and research platform dedicated to the global biometrics and digital identity industries.
What is Digital ID?
A digital identity or digital ID is data stored on computer systems relating to an individual, organization, application, or device. For individuals, it involves the collection of personal data that is essential for facilitating automated access to digital services, confirming one's identity on the internet, and allowing digital systems to manage interactions between different parties. It is a component of a person's social identity in the digital realm, often referred to as their online identity. Digital identities are composed of the full range of data produced by a person's activities on the internet, which may include usernames and passwords, search histories, dates of birth, social security numbers, and records of online purchases. When such personal information is accessible in the public domain, it can be used by others to piece together a person's offline identity. Furthermore, this information can be compiled to construct a 'data double' - a comprehensive profile created from a person's scattered digital footprints across various platforms. These profiles are instrumental in enabling personalized experiences on the internet and within different digital services.
What is Biometric?
Biometrics is the technical term for body measurements and calculations. It refers to metrics related to human characteristics. Biometrics authentication is used in computer science as a form of identification and access control. It is also used to identify individuals in groups that are under surveillance. Examples of biometric include fingerprint scan, palm veins, face recognition, DNA, palm print, hand geometry, iris recognition, retina and odour/scent.
Who are ID2020?
The ID2020 Alliance is a global partnership maximizing the potential of digital ID to improve lives

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