Cult-Owned Payments Company Mastercard Wants to be a Digital ID Provider

Financial services provider Mastercard has earned one of three accreditations under Australia’s Trusted Digital Identity Framework (TDIF). The accreditation is a major step by the company which aims to be a TDIF accredited identity provider, exchange, and credential provider.

The move is part of a big push to implement digital IDs.

Related: World Economic Forum pushes digital ID system that will determine access to services

The announcement was made by Mastercard’s VP of digital identity Matt Bourne via LinkedIn.

“Last year, Mastercard announced that it had applied for accreditation under the [TDIF] in Australia for its digital identity service, ID,” Bourne wrote.

“We are thrilled to share that we have now successfully secured the first of three roles we applied for, with our accreditation as an identity exchange being confirmed earlier this month.”

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