RBA payments board backs ‘digital identity’ for Australians
Board encourages payments industry to work on framework for online transactions
The Reserve Bank of Australia’s Payments System Board is urging the industry to come up with a way of granting Australians a “trusted digital identity” for making online payments.
The minutes of the board’s most recent meeting, published today (August 18), show the board discussing how a “digital identity framework” might be implemented: “Members noted the potential for a framework for trusted digital identity to make online interactions more convenient and secure, including the potential to
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