[Openid-specs-fapi] The War of the Wallets is Imminent

[Anders Rundgren]

https://openwallet.foundation/
👉 The mission of the OWF is to develop an open source engine to enable secure and interoperable multi-purpose wallets anyone can use to build solutions 👈

https://eudiwalletconsortium.org/
👉 Using the EUDI wallet for payments will be a major step forward in facilitating secure eCommerce for all parties 👈

https://www.mastercard.com/news/press/2022/november/j-p-morgan-and-mastercard-modernize-account-based-payments-with-innovative-pay-by-bank-solution/
👉 At checkout, consumers select “Pay-by-Bank,” where they will be prompted to find their bank, verify themselves using their own bank’s familiar authentication process 👈

https://fido-web-pay.github.io/specification/fido-wallet-whitepaper.pdf
👉 The authorization system builds on an enhanced EMV® concept, where a card can represent any account based payment scheme, including the international card networks and SEPA👈