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Payment solutions provider Mastercard and telco Singtel Optus have entered into a partnership to provide digital identity verification both online and in-store.
A statement from the two companies said the Mastercard digital identity service would be progressively made available to all Optus six million customers who have downloaded the My Optus app.
“Optus’ partnership with Mastercard provides our customers with the option to embrace the benefits of a digital identity, not only when they interact with us, but with other organisations too,” said Vaughan Paul, Optus vice-president, Digital Consumer.
“ID solves pain points for our customers, such as protecting their identity, while at the same time simplifying the verification of their identity, giving them more control over their personal information and streamlining transactions.”
The ID service is claimed to help in tackling SIM-related fraud such as SIM swapping, which research suggests has increased by 400% since 2015 in some countries.
“By using ID to verify a customer’s identity for such requests, Optus joins a small group of proactive, multi-national organisations that are implementing biometrics to safeguard SIM registrations,” the statement said.
“Mastercard and Optus are working closely to engineer a truly unique experience for customers that will better protect their personal identity information while enhancing their seamless onboarding and checkout experience,” said Richard Wormald, division president, Mastercard Australasia.
“Bringing Optus, one of Australia’s most trusted telco brands, into the ID ecosystem is an exciting step in Mastercard’s digital journey. The partnership is a testament to the trust industry leaders and innovators are placing in Mastercard’s global framework.”
Ajay Bhalla, president, Cyber and Intelligence at Mastercard, said:.”This collaboration builds on Mastercard’s commitment to improve how people manage and use their digital identity, providing a more efficient way to interact with businesses and service providers in the physical and digital worlds.
“Collaborating with trusted technology providers, such as Optus, is critical for Mastercard as we advance the delivery of a globally scalable digital identity service.”
Now’s the Time for 400G Migration
The optical fibre community is anxiously awaiting the benefits that 400G capacity per wavelength will bring to existing and future fibre optic networks.
Nearly every business wants to leverage the latest in digital offerings to remain competitive in their respective markets and to provide support for fast and ever-increasing demands for data capacity. 400G is the answer.
Initial challenges are associated with supporting such project and upgrades to fulfil the promise of higher-capacity transport.
The foundation of optical networking infrastructure includes coherent optical transceivers and digital signal processing (DSP), mux/demux, ROADM, and optical amplifiers, all of which must be able to support 400G capacity.
With today’s proprietary power-hungry and high cost transceivers and DSP, how is migration to 400G networks going to be a viable option?
PacketLight’s next-generation standardised solutions may be the answer. Click below to read the full article.
WEBINAR PROMOTION ON ITWIRE: It’s all about webinars
These days our customers Advertising & Marketing campaigns are mainly focussed on webinars.
If you wish to promote a Webinar we recommend at least a 2 week campaign prior to your event.
The iTWire campaign will include extensive adverts on our News Site itwire.com and prominent Newsletter promotion https://www.itwire.com/itwire-update.html and Promotional News & Editorial.
This coupled with the new capabilities 5G brings opens up huge opportunities for both network operators and enterprise organisations.
We have a Webinar Business Booster Pack and other supportive programs.
We look forward to discussing your campaign goals with you.
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