Technology and financial companies, including JPMorgan Chase & Co., Mastercard Inc., and Microsoft Corp., are pushing to accelerate digital identification systems, hoping to eradicate massive data breaches and overreliance on Social Security numbers.
The Better Identity Coalition, a coalition of the companies advocating for the technology, has nudged policymakers and floated possible measures for government action for months.
A new House bill, introduced Friday, would encourage development by creating an interagency task force, technology standards, and grants. Colorado also is leading the way, unveiling a state-authenticated, digital driver’s license stored in a mobile app.
Paperwork and aid applications for ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.