From Wallets to ID Wallets: How Digital ID Will Transform Payments [Live Event]

Mobile driver’s licenses (mDLs) are available in 18 U.S. States and coming to 6-8 more in 2025. But what do they mean for banks, payment providers, merchants, and everyday in-person and web transactions?
In this live panel, we’re joined by Leonard Botezatu, Director of Product & Service Design for Identity at Mastercard, and David Kelts, Co-Chair of the mDL Jumpstart Committee at the Secure Technology Alliance, to explore how mDLs are reshaping user experiences in banking, payments, and broader commerce.
(00:00) – Intros
(06:06) – Learnings from the mDL Showcase event
(13:22) – Is mass adoption coming?
(14:14) – Mastercard’s reasons for supporting mDLs
(16:00) – Identity verification in payments: today vs. future
(18:03) – How mDLs improve user experience
(26:02) – Key mDL use cases in payments
(33:18) – How banks and merchants are getting involved
(35:16) – Why now is the right time to start
(41:06) – Agentic AI and digital ID
(44:00) – Advice for financial institutions
(46:12) – Audience Q&A

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