Digital ID verification company OCR Labs, has been recognized as the first private Australian company that offers digital identity services to the private sector under Australia’s Trusted Digital Identity Framework (TDIF), a press release from OCR Labs said.
The TDIF is Australia’s accreditation framework for those providing digital Identity services. It defines the standards, sets, requirements, rules and guidelines that identity providers must practice to attain accreditation. It also ensures a nationally consistent approach to accrediting, governing and operating digital identities in Australia.
The TDIF accreditation for OCR Labs would mean that the company has met strict privacy, security and fraud controls. Customers who use its identity service in banking, finance and telecommunications would benefit from a greater trust in their identity being verified and protected. OCR Labs stated that it would need to continually demonstrate that it adheres to the TDIF obligations by undergoing annual assessments.
Australia’s Minister for Employment, Employment, Workforce, Skills, Small and Family Business, Stuart Robert, stated that privacy and security measures are critical in expanding Australia’s digital identity system and added,
“We want Australians to have confidence that their information is private and secure, regardless of who holds it. It has become increasingly important in this digital age to be able to establish trust, particularly online. ‘Digital Identity underpins the Government’s Digital Economy Strategy that will allow Australian businesses like OCR Labs, and in particular small businesses, to capitalize on the opportunities that digital technologies are creating, enabling them to grow and create jobs as part of Australia’s economic recovery.”
OCR Labs provides a fully-automated remote identity verification and fraud detection service. It will save consumers time, given they no longer need to visit branches or produce multiple forms of ID to complete an interaction with their bank, such as opening an account or making an application.
The Morrison Government’s Digital Identity Program is being delivered as part of the USD 800 million Digital Business Plan and led by the Digital Transformation Agency, the Trusted Digital Identity.
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