CBA to test myGov confirmation proof-of-concept – Security

The Commonwealth Bank of Australia is piloting using myGov to confirm clients’ identifications via a program led by Services Australia.

Known as depend on exchange– or TEx–, the pilot enables test individuals to make use of the myGov application to check a QR code at one of the financial institution’s Canberra branches.

Participants after that consent to share details from a “test Medicare card” online with the financial institution.

“The bank then gets government-verified information—including the customer’s name and confirmation of a valid Medicare enrolment—without receiving information they do not need, from the Medicare card, such as the Medicare number,” stated outward bound National Disability Insurance Scheme (NDIS) preacher Bill Shorten.

The TEx proof-of-concept was initially introduced by Minister Shorten in August and makes use of $11.4 countless seed financing.

The TEx complies with a comparable formula to electronic identification exchanges being advertised by the economic sector because it is “not a wallet or app or ID” yet merely a device to permit an individual to confirm that they are.

In this instance, individuals’s identifications can be developed making use of details held by the federal government.

In August, Minister Shorten stated TEx would certainly make use of an “opt-in system” yet that he wished its energy and comfort would certainly ensure take-up.

Once the screening stage is finished, the federal government will certainly “identify the following stage of this job,” the preacher stated on January 17.