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Canadian Banks and Telecoms Are Collaborating on a Digital ID System

Posted on May 3, 2019 by pogowasright.org

Bryson Masse reports:

Canadian banks and telecoms are contributing data about their customers to a new, comprehensive digital ID system aimed at allowing people to access insurance and credit reporting services more quickly, and eventually other businesses, health or government services.

Launched on Wednesday, Verified.Me, an app from Toronto-based company SecureKey, is a platform that lets people verify their identity while controlling access to the personal information associated with their bank and telecom accounts. Participating financial institutions include TD Bank, Royal Bank of Canada, Scotiabank, CIBC, and Desjardins, with Bank of Montreal and National Bank of Canada support launching soon.

Read more on Motherboard.

I can think of at least one Canadian friend who is probably spitting nails over this idea.  Do you need to borrow a third-finger graphic, my friend?  🙂

Category: Non-U.S.

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