36.6 C
Bangkok
Saturday, May 4, 2024

Thailand’s NDID partners with Mastercard to connect digital IDs internationally

National Digital ID (NDID), both Thailand’s national digital identity platform for financial institutions and a private company, announces that following a successful Phase 1 of verifying natural persons it will move on to verifying legal persons beginning in 2022 as well as verifying foreign identities, reports Business Today Chronicle, via machine translation. A partnership with Mastercard’s digital identity scheme for international connectivity has also been announced by NDID.

Company Chairman Pyong Srivanich, also president of Krungthai Bank, made the announcement, saying that in 2021 more than 9 million identity requests were made via NDID. The platform has more than 100 members which have 30 million users combined. It is used for private-sector services such as bank account opening and insurance, as well as government services such as electronic filing…

Read more…

Latest Articles