Canadian Banks and Telecoms Are Collaborating on a Digital ID System

Canadian Banks and Telecoms Are Collaborating on a Digital ID System

5 years ago
Anonymous $9jpehmcKty

https://motherboard.vice.com/en_us/article/wjvnqb/canadian-banks-and-telecoms-are-collaborating-on-a-digital-id-system

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.