The partnership will initially focus on financial services, government, and healthcare, industries where EU-compliant private wallets are already being deployed for employees and customers. These private wallets are front-running eIDAS 2.0, a digital identity framework in the EU that mandates that member states provide citizens with a secure European Digital Identity (EUDI) wallet, and that these wallets be accepted for standardized, cross-border authentication.
Source: prfintech.com