Luxembourg to trial digital identity wallet as part of EU pilot

Luxembourg’s Ministry for Digitalisation and Government IT Centre (CTIE) are to test a digital identity system that allows multiple official documents to be stored and exchanged across four use cases as part of the European Union’s large-scale European Digital Identity Wallet (EUDIW) pilot programme... More



US Consumer Financial Protection Bureau proposes new rule to oversee Big Tech digital wallet and payment app providers

Consumer Financial Protection Bureau (CFPB) logo

The US Consumer Financial Protection Bureau (CFPB) is proposing to subject large non-bank companies that offer consumer finance services including digital wallets and payment apps – such as Apple and Google – to the same regulatory scrutiny and oversight as banks, credit unions and other financial institutions. More



Connectivity Standards Alliance unveils communication protocol to support interoperability and promote digital access adoption

The Connectivity Standards Alliance (CSA) has launched a new standardised communication protocol with a common credential that promotes interoperability between mobile devices, wearables and access control readers that use technologies including NFC, Bluetooth Low Energy (BLE) and ultra wideband (UWB)... More



EU agrees provisional legislative framework for European Digital Identity Wallet

European Council logo

The European Council and representatives of the European Parliament have reached provisional agreement on the legislative framework that will enable the issuance and usage of the EU’s European Digital Identity Wallet that will let EU citizens store their national ID card, driving licence and other digital credentials on their smartphone. More



Singapore pilots next generation QR mobile payments service

The Monetary Authority of Singapore (MAS) is testing an upgraded version of its SGQR unified QR payment code that will enable merchants to accept QR code payments made using a wider range of local and cross-border payment schemes through a single financial institution rather than having to maintain commercial relationships with individual payment scheme providers... More