A digital ID is a digital representation of a physical identity document
According to Juniper Research, the number of users of digital IDs will exceed 6.5 billion by 2026, from 4.2 billion in 2022.
This over 50% expansion has been accelerated by the pandemic and reflects the growing importance of digital identity in sectors such as government services.
The new research revealed that ease and equality of access are critical factors for the use of digital identity in government services. T
Besides, digital ID cards, where digital details are loaded onto an identity card, will be used by over 4 billion people globally in 2026, from 2.5 billion in 2022.
This ongoing digitisation is a prerequisite for many digital initiatives within eGovernment and will allow significant digital enablement over the next five years.
The research found that while eCommerce fraud has been rife, government services must not be ignored from a verification perspective. As government-issued documents are critical to identity processes, any compromising of these documents is very risky.
Therefore, governments issuing digital identity documents must work with verification vendors who offer a variety of different verification scenarios across use cases, or they will fail to secure this high-risk fraud avenue.
We’ve reported that BlueSnap launched embedded payments suite globally.