All Insights|Future Nexus
fintechFebruary 27, 2019

Mastercard Vice Chairman Highlights the Importance of Digital Identity

While speaking with CNBC Mastercard’s Vice Chairman Ann Cairns discussed the importance of digital identity in the next few years; the bank already has your financial details and the government already has your passport information, there his no need to move the information bank and forth; instead the data can be tokenized to handle security issues and the token is then moved by the user as there identity; with more of our lives online we need to better understand how to control access to that data in a safe and secure way. Source.