The Future of Identity

Sarah Clark: Mastercard’s ID Network

Aug 30, 2023

Sarah Clark, SVP of Digital Identity at Mastercard, discusses Mastercard's ID network and the challenges and opportunities in the reusable identity space. The conversation includes go-to-market strategies, collaboration for a global ecosystem, use cases of reusable identity, decentralized identity approaches, and the future of digital identity in Web3.

46:30

Episode guests

Sarah Clark

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Mastercard has developed the ID network, enabling the sharing of reusable identities globally.

An industry-wide ecosystem and collaboration are crucial to support the future of reusable IDs.

Deep dives

MasterCard's ID network and the importance of identity in payments

Sarah Clark, SVP of Digital Identity at MasterCard, discusses MasterCard's ID network and explains how identity is closely related to safer and more secure payments. MasterCard has been actively involved in reusable identity and has developed the ID network, which enables the sharing of reusable identities with trust globally. The company's corporate strategy focuses on creating an ecosystem for scalable and secure identity solutions. The ID network is commercially live in Australia and Brazil, with pilot activities and plans to launch in the UK and US. Clark emphasizes the importance of an industry-wide ecosystem and collaboration to support the future of reusable IDs.

Introduction

4min

Mastercard's Involvement in the Identity Space and the Launch of the ID Network in Australia and Brazil

4min

Exploring Use Cases of Reusable Identity

13min

Exploring Decentralized Identity Approaches and Economic Incentives

3min

The Emergence of Reusable Digital Identities

18min

The Future of Digital Identity and Web3

4min

In this episode, we sit down with Sarah Clark, SVP of Digital Identity at Mastercard, to discuss Mastercard’s ID network.

As one of the world’s largest payments networks, Mastercard has been on the leading edge of reusable identity. Sarah takes us into Mastercard’s corporate strategy related to identity, plus some of the specific go-to-market strategies the company has employed in Australia and Brazil where its network is live.

The conversation continues as Sarah explains why now is the time for reusable identity to take off. We discuss the challenges relying parties and traditional identity verification companies face with the advent of reusable identity as well as how tech giants like Apple and Google will play a role.

And as always, we end the conversation by delving into why Sarah believes that digital identity is the best place to be if you want to work in the cutting edge of technology.

To contact Sarah, you can reach out to her on LinkedIn at https://www.linkedin.com/in/sarahmclark/. She is also available at sarah.clark@mastercard.com.

Reach out to Riley (@rileyphughes) and Trinsic (@trinsic_id) on Twitter. We’d love to hear from you.

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.

The Future of Identity

Sarah Clark: Mastercard’s ID Network

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

MasterCard's ID network and the importance of identity in payments

Use cases and strategies for reusable identity

Challenges and solutions in onboarding individuals to reusable IDs

The future of identity and the role of an open ecosystem

Remember Everything You Learn from Podcasts