Story thread · 2 reports / 2 sources

Westpac becomes first NZ bank accredited to issue digital credentials

biometricupdate.com · 4hShare

Westpac has become the first New Zealand bank accredited to issue digital credentials under the government’s Digital Identity Services Trust Framework, with support from Auckland-based identity and credentialing provider Mattr . A release says Westpac NZ business customers will soon be able to store bank-issued digital credentials in the Govt.nz app wallet (alongside the NEC-backed biometric age credential ) and share them with third parties. According to Westpac NZ Chief Data, Digital and AI Officer Russell Jones, “this means businesses don’t need to download a bank statement, redact information by hand or send documents using less secure methods such as email – saving them time and reducing the risk of fraud and scams.” “We know trust and control are very important to New Zealanders when sharing personal information online.” The release describes a use case in which someone buying a car from a dealer who banks with Westpac might ask for proof of the dealer’s bank account details. Usi

First report: Westpac approved to issue digital IDs — nzherald.co.nz, 1d