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666 UPDATE: National Digital ID System For U.S. Citizens Clears Congressional Hurdle

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A national digital ID system for U.S. citizens is fast becoming a reality following a vote by the U.S. Senate Homeland Security and Governmental Affairs Committee to advance the Improving Digital Identity Act.  If digital identities are introduced in the U.S., which looks increasingly likely, they will be inextricably linked with financial services. Financial institutions, after all, are being encouraged to lead the way in the development of comprehensive digital identity solutions. Digital IDs, we’re told, will become more critical as online and mobile banking becomes more popular. Recent headlines make it easy to see why so many people, fearful of the enforcement of political/ideological conformity through financial control, are hesitant to embrace digital IDs. The banking behemoth JP Morgan Chase recently… (READ MORE)

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