FB pixel

EU pilot funded to test biometric payments from digital wallets

EU pilot funded to test biometric payments from digital wallets

The European Commission has announced that it will fund a multi-national and multi-company consortium as part of a larger pilot project involving an ambitious regional digital wallet program.

Many European Union leaders have wanted to see created an ID wallet, particularly one that transact payments. The pilot – one of four — is due to launch in March.

The consortium will be led by Nobid, also known as the Nordic-Baltic eID Project. Funding will come from the EU Commission’s Digital Europa Programme.

Technology players in the project include Thales and iProov.

iProov CEO Andrew Bud says in a company announcement that the project will prove that Verifiable Credentials and biometrics can address emerging challenges in payments.

Nations participating in the consortium will be representatives and business leaders from Norway, Latvia, Denmark, Germany, Iceland, Italy and Latvia.

Financial companies, including banks, in Germany, Norway, Denmark, Italy and Iceland will part of the effort. But members will be from seemingly far afield. Latvia State Radio and Television will participate, for example.

This pilot and the other three will work with the European Digital Identity Wallet, integrating into national electronic ID programs in the EU.

Nobid has a running start on this project. It is already part of the Nordic Council of Ministers’ effort to harmonize digital IDs in eight Nordic and Baltic nations. Others in the pilot will build on Nobid’s infrastructure.

Article Topics

 |   |   |   |   |   |   |   | 

Latest Biometrics News


Biometrics deployments expand protection against fraud and lying about your age

Biometrics are protecting against false claims of all sorts in several of the most-read articles of the past week on…


UN says law enforcement should not use biometrics to surveil protestors

Law enforcement agencies should not use biometric technology to categorize, profile or remotely identify individuals during protests, the United Nations…


How to explain the EUDI Wallet? Industry and citizens discuss Europe’s digital ID

The European Digital Identity (EUDI) Wallet is well on its way towards becoming a reality. To explain the major impact…


Decentralize face authentication for control, stronger protection: Youverse

The implementation method of biometric face authentication has become increasingly important in recent years due to the limitations of traditional…


Researchers develop display screens with biometric sensor capabilities

Traditional display screens like those built into smartphones require extra sensors for touch control, ambient light, and fingerprint sensing. These…


Meta, porn industry and Kansas governor weigh in on age verification

As Europe mulls how to restrict access to certain content for minors, Meta offers its own solution. Meanwhile, U.S. states…


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Read From This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events