15 September 2022

Digital ID pilot launches across EU

Written By FinTech Alliance

Digital ID pilot launches across EU

A digital identity pilot is being launched across the European Union with banks and technology firms involved. 

In Brief:

A consortium of companies from Denmark, Germany, Iceland, Italy, Latvia and Norway are involved. 

It's being led by Nobid (the Nordic-Baltic eID Project). 

The project aims to deliver a large-scale cross-border payments pilot with the digital ID wallet as a top use case. 

What does this mean?

This is part of a wider EU aim to streamline cross-border payments, and will look at payments as a top use case for how digital ID can be combined across borders and currencies. 

Read more here. 

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