In today’s environment, the notion of having a trusted framework is often taken for granted by most consumers. Whether they are completing a simple payment transaction, remotely logging into their computer network, or using biometrics for authentication into their mobile device – all of these transactions require a lot of forethought related to ensuring each point of the transaction is secure.
For most of us in the technology industry, it’s something that we think about on a daily basis. How do you ensure the issuing party is taking all steps necessary to protect your identity? How does the relying party know that the credential or transaction is valid? It’s a constant game of ‘cat and mouse’ with individuals who are looking to take advantage of the system. As I mentioned in the February newsletter, it’s a constant state of innovation.
During our first virtual U.S. Payments Forum meeting of 2021, we were able to explore the many facets of providing a trusted framework for the payments industry and gave some unique insights around how that framework could be used for other parts of the identity industry, including potentially mDLs. There were a ton of great insights, dialogue, and education for those of you who attended from both the Forum and the Alliance. I’m happy to report that overall registration and attendance were the highest we’ve seen since we moved to virtual events last year due to the pandemic. It speaks to the dedication of our members and their willingness to move the industry forward.
Thank you for your efforts and I look forward to seeing everyone again in July.