Verifiable credentials: a valuable tool in the fight against rising ID fraud?
US Financial institutions face a critical challenge. Suspicious account records are on the rise despite innovations in identity and verification (ID&V) technologies. Can widespread adoption of High Assurance Identity Verification by financial institutions be the answer? Banks need to establish a reasonable belief of a customer’s identity during account opening, while minimizing risk. Cryptographically verifiable […]
Adoption now and ahead: mDL Day ‘Voices of the Future’ panel
On July 14, 2025, OpenID Foundation’s Executive Director Gail Hodges was delighted to moderate the ‘Voices from the Future’ panel at the Federal Mobile Driver’s License (mDL) Industry Day | GSA, which included leaders from five US States and the American Association of Motor Vehicle Administrators (AAMVA) on the use cases driving mDL adoption and […]