Austenaa called the Digital Identity Wallet a “gamechanger” for the financial sector, describing it as a tool that could significantly simplify customer onboarding and payment authentication across the EU. Set to be deployed in at least one form by every member state by 2026, the system is expected to become fully operational and mandatory for service providers by 2027.
https://reclaimthenet.org/eu-digital-identity-wallet-visa-warns-banks-privacy-concerns-grow
Austenaa called the Digital Identity Wallet a “gamechanger” for the financial sector, describing it as a tool that could significantly simplify customer onboarding and payment authentication across the EU. Set to be deployed in at least one form by every member state by 2026, the system is expected to become fully operational and mandatory for service providers by 2027. https://reclaimthenet.org/eu-digital-identity-wallet-visa-warns-banks-privacy-concerns-grow
RECLAIMTHENET.ORG
Visa Europe Digital ID Chief Calls EU Digital Identity Wallet a “Gamechanger” for Payments, Envisions Broader Uses Like Income Verification
Mandatory by 2027, the EU’s Digital Identity Wallet risks becoming the skeleton key to modern life without a lock on its own powers.
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