Fintech collaboration on the cards for Australia’s digital identity
The Digital Transformation Agency (DTA) has been working on Australia’s digital identity system, hoping to make the way people access government services simpler and more streamlined.
The system will allow people and businesses to have a single secure way to verify their identity to use government services online, similar to a 100-point identification check, but with the addition of biometric proofing.
The DTA is delivering the program in partnership with Services Australia, the Australian Taxation Office (ATO), Department of Home Affairs, and the Department of Foreign Affairs and Trade (DFAT).
It’s been testing the system through pilots for a number of years, with the DTA revealing in March that the biometric component of its digital identity play would be ready for public testing by mid-year, and that it was ensuring the quality of the biometric would be “exactly where it needs to be” before it is pushed out to the masses.
In a submission to the Select Committee on Financial Technology and Regulatory Technology, the DTA said it has successfully connected and tested new software products that allow an individual to compare their selfie to the photo on their passport, proving that biometric digital identity is achievable.
To read more, please click on the link below…