Tag: identity verification

Report: ID.me Lied About Pretty Much Everything While Providing Identification Services To The Government

Tina Marie (Ms. Cat)

ID.me made its disastrous news cycle debut as COVID-19 continued to wreak havoc worldwide. With ID verification and other government services mostly still being handled remotely, multiple governments continued to wrestle with these unprecedented logistical problems.

Report: ID.me Lied About Pretty Much Everything While Providing Identification Services To The Government

Federal Reserve System Takes First Step Toward Creating Its Own Digital Currency

Tina Marie (Ms. Cat)

Federal Reserve System Takes First Step Toward Creating Its Own Digital Currency

While the Paper examines the potential benefits and risks of a U.S. CBDC, it is not intended to advance any specific policy outcome, nor is it intended to signal that the Fed will make any imminent decisions about the appropriateness of issuing a U.S. CBDC. However, the Paper undoubtedly is the Fed’s first step toward central bank digital currencies via a public discussion with its stakeholders.

Apple is sticking taxpayers with part of the bill for rollout of tech giant’s digital ID card

Tina Marie (Ms. Cat)

Apple is sticking taxpayers with part of the bill for rollout of tech giant’s digital ID card

The agreement, obtained through public record requests from CNBC and other sources, mostly portrays Apple as having a high degree of control over the government agencies responsible for issuing identification cards.

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Apple has “sole discretion” for key aspects of the program, including what types of devices will be compatible with the digital IDs, how states are required to report on the performance of the effort, and when the program is launched, according to the documents. Apple even gets to review and approve the marketing that states are required to do.