FB pixel

Malta’s 2025 budget previews tender for digital ID wallet

Malta’s 2025 budget previews tender for digital ID wallet
 

Malta has presented its new budget for the year 2025, announcing investments into digital identity, a new central data repository and an updated AI strategy that will feed into the country’s newly launched economic strategy Vision Malta 2050.

As part of its 2025 budget, the country is issuing a tender for a digital identity wallet next year, Silvio Schembri, Minister for the Economy, Enterprise and Strategic Projects, announced last week. The digital ID app will allow users to access government services through a single app.

The government is also planning to cut bureaucracy with a central data repository, allowing data sharing across government agencies through secure electronic wallets. The wallets will rely on AI, optical character recognition (OCR) and blockchain technology.

The system will eventually extend to private sector due diligence such as banks and notaries, The Times of Malta reports.

“No other European country currently offers such a system, making Malta at the forefront in compliance and digital efficiency,” says Minister Schembri.

Slated for mid-2025 is also an updated AI strategy that will be aligned with Vision 2050, he added.

The Vision Malta 2050 strategy was officially launched in late October. It plans to boost the Mediterranean island’s development in a range of sectors while tackling challenges such as climate change, technology upgrades, and demographic changes. The model will prioritize digital innovation, infrastructure, education, healthcare, sustainability and employment.

The government has presented the 25-year economic plan just as it faces scrutiny over an illegal identity card racket, linked to government agency Identità which has been accused of taking bribes to allow ineligible individuals to acquire Maltese IDs. After an investigation was launched in August, the country’s Chamber of Commerce said that the scandal is part of a “complete breakdown” in the country’s government, which it accused of “gross mismanagement.”

Vision Malta 2050 will be defined by the end of the first quarter of next year, including outlining key milestones to be achieved by 2035. The project is led by the Office of the Prime Minister and overseen by the Ministry for the Economy, Enterprise and Strategic Projects which will be in charge of the project’s Steering Committee (SteerCo).

Committee member and Principal Permanent Secretary Tony Sultana noted during the launch that public service will have an important role in the plan, not just in managing daily tasks but also in leading the transformation of the country.

“We must continue embracing new technologies to create a Public Service that serves a modern society,” says Sultana.

Related Posts

Article Topics

 |   |   |   |   |   | 

Latest Biometrics News

 

Biometrics and injection detection for deepfake defense a rising priority

Biometrics integrations with injection attack detection to defend the latest front in the global battle against fraud, deepfakes, is the…

 

Biometric Update Podcast looks at the road to a global standard for age assurance

Episode 2 of the Biometric Update Podcast is a dispatch from the 2025 Global Age Assurance Standards Summit, held from…

 

WEF launches new DPI initiative focused on emerging tech, including biometrics

Global Digital Public Infrastructure (DPI) initiatives are lagging behind emerging technologies such as AI, which could lead to inefficiencies, bottlenecks…

 

Odds are good for biometrics firms in the global gambling sector

Gambling has always been a vice associated with certain kinds of criminal activity, but the development of the online gambling…

 

New Zealand issues tender for digital ID services accreditation infrastructure

New Zealand’s accredited digital identity services regulator, the Trust Framework Authority (TFA), has published a request for information (RFI) for…

 

Pindrop surpasses $100M in annual recurring revenue, kicks off BU podcast

A release from Atlanta-based voice biometrics firm Pindrop celebrates a milestone: the firm has surpassed US$100 million in Annual Recurring…

Comments

Leave a Reply

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

Market Analysis

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events