While speaking with CNBC Mastercard’s Vice Chairman Ann Cairns discussed the importance of digital identity in the next few years; the bank already has your financial details and the government already has your passport information, there his no need to move the information bank and forth; instead the data can be tokenized to handle security issues and the token is then moved by the user as there identity; with more of our lives online we need to better understand how to control access to that data in a safe and secure way. Source.
