digital identity Source: Shutterstock

Last month, Apple announced that digital driver’s licenses and state ID cards would soon be accessible via Apple Wallet for consumers in eight states: Arizona, Georgia, Connecticut, Iowa, Kentucky, Maryland, Oklahoma and Utah. The inevitable widespread adoption of digital IDs nationwide is on the horizon, but the added convenience is likely to be accompanied by new opportunities for fraud, according to a new e-book from security and identity protection company Sontiq, “Protecting What Matters Most.”

In June of this year, Utah Community Credit Union ($2.4 billion, Provo) announced it had been selected by the Utah Driver License Division and GET Group North America, which provides the mobile driver’s license (mDL) technology platform GET Mobile Administrator, as the first financial institution in Utah to test mDLs as a legal form of identification for all banking transactions. Sontiq SVP, Data Breach Solutions Al Pascual said while early adopters of digital IDs such as Utah Community will have security on their side due to working with a digital ID-focused technology provider, he is concerned about credit unions that may begin accepting digital IDs before the necessary technology has been implemented.

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Natasha Chilingerian

Natasha Chilingerian has been immersed in the credit union industry for over a decade. She first joined CU Times in 2011 as a freelance writer, and following a two-year hiatus from 2013-2015, during which time she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union), she re-joined the CU Times team full-time as managing editor. She was promoted to executive editor in 2019. In the earlier days of her career, Chilingerian focused on news and lifestyle journalism, serving as a writer and editor for numerous regional publications in Oregon, Louisiana, South Carolina and the San Francisco Bay Area. In addition, she holds experience in marketing copywriting for companies in the finance and technology space. At CU Times, she covers People and Community news, cybersecurity, fintech partnerships, marketing, workplace culture, leadership, DEI, branch strategies, digital banking and more. She currently works remotely and splits her time between Southern California and Portland, Ore.

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