Advancements in digital wallets and identities are driving new credentials that change everything from how to provision a credential, how to manage them, and how to interact with the physical world to gain access to rooms, spaces, and buildings. In the shorter term, mobile wallet-enabled credentials will continue to be more prevalent as more big tech investment comes into the space. Security professionals should be thinking about and planning the impact this could have on their organizations and be ready for both the technical and cultural impacts of digital and mobile wallets.
Convergint partners with HID to deliver transformative mobile access solutions, including programs that make use of digital wallets. A digital wallet is a technology that can be used on NFC enabled smartphones which allows the user to securely store information like banking data or passwords to make safe transactions online, in apps, or via peer-to-peer payments.
Digital wallets offer individuals a new way to authenticate their identities conveniently and seamlessly, including storing, organizing, and verifying the identities needed in daily, digital interactions. Digital wallets can help people not only to transact safely, but to travel freely, and work productively.