Swiss Post leads digital ID JV

A joint venture (JV) led by Swiss Post is being set up to create a digital ID for Swiss citizens.

Together with SBB, Swisscom, Credit Suisse, Raiffeisen, UBS, Zürcher Kantonalbank, financial services provider SIX, Schweizerische Mobiliar and Swiss Post have signed a memorandum of understanding to establish a new company called SwissSign Group AG. This will integrate the activities of existing firm SwissSign AG from January 2018, and continue to develop the “SwissID” solution.

In a statement, Swiss Post said that the aim of the new company is “to make digital IDs more efficient, more user-friendly and simpler, and to promote their use nationally and internationally”.

Swiss Post added: “A “SwissID” will allow Swiss people to navigate safely and securely through an increasingly digital world and to use online services more easily. Data protection is the highest priority: control over the way the data is utilized will always rest with the user, and data protection will be guaranteed at all times.”
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