Predictions for Digital Identity in 2022
Digital identity verification continued its explosive growth as the calendar turned to 2022. ID.me recently surpassed 68 million members. That’s 68 million people taking control of their identity and gaining convenient, secure access to services they deserve.
Looking at the upcoming year, ID.me CEO Blake Hall sees three emerging and overlapping trends that point to a bright and constantly evolving future for digital identity.
- Digital Wallets Become Mainstream: The pandemic surged demand for secure digital identity systems to efficiently deliver services online. At the same time, the Federal Trade Commission (FTC) reported that identity theft tied to government benefits increased by 2,920% year over year. Digital wallets that streamline access for legitimate users and guard against attackers are the answer.
- Biometric Technology Changes Everyday Life: From boarding an airplane to entering a concert, biometric technology will increasingly replace paper based processes. This technology will save people and organizations time and spur major policy changes, too.
- National Privacy Regimes Will Emerge: The United States will establish the outlines of an overarching privacy framework, similar to the EU’s GDPR, to govern the use of AI and biometrics. This may take the form of industry alignment to existing state laws like the California Consumer Privacy Act (CCPA) and the California Privacy Rights Act (CPRA), a ballot measure approved by California voters in November 2020, to head off a fragmented ecosystem.
With people becoming ever more familiar and comfortable with digital identity verification, organizations in every sector will need to adopt secure solutions in 2022 that promise privacy, convenience, and inclusivity.
Read more about digital identity and the recent Executive Order here.