IDNOW WALLET
Reuse verified identities to make identity verification faster and more efficient. Use our digital identity wallet to grant your customers instant access to your services or enable them to make legally valid signatures faster than ever before.
Even more than identity verification.
Why you should not miss out on the next generation of digital identity.
Benefit from increased conversion rates and optimized customer acquisition costs. Identify your customers just one time for recurring use cases or skip the ident process and reuse a verified identity in their wallet.
Grant instant access with an existing identity. Let the customer identify in a few seconds with authentication processes they know and prefer such as biometric authentication, anywhere and anytime.
Our digital identity wallet can store all sorts of identity information and documents. Look beyond the basic ID and benefit from richer and more complete identities. Enrich identities even faster by joining our digital identity ecosystem and extensive network of existing clients.
Store identities and credentials with all levels of assurances (LOA) in our digital identity wallet. From low-level scenarios, like age verification, up to highly regulated use cases such as bank account openings.
Profit from an easy integration with proven security. Our digital identity wallet is based on open standards, such as verifiable credentials, decentralized identifiers (DIDs) and OpenIDConnect. Data is secured with the secure element of the customer’s smartphone.
The IDnow Wallet can not only be used for initial identification but also for everyday authentication, logins and even Open Banking and PSD2 account information services. Convenient and secure.
HOW IT WORKS
Instead of requiring your customers to identify themselves repeatedly, you can simply rely on the stored identities in their digital identity wallet from IDnow.
Your customers can simply save identity documents and access them whenever
– and wherever – they need them. Our digital identity wallet can store identities which are verified using any of our products, such as AutoIdent or VideoIdent.
By joining the IDnow ecosystem and our extensive network of existing customers, you benefit from cost and time savings by accessing a European pool of already verified identities right from the start.
INDUSTRY USE CASES
Financial Services
Speed up account opening by reusing existing verified identities. Improve KYC and fraud protection through richer identities.
eGovernment
Increase efficiency and reduce manual processes by reducing in-person appointments. Automate data exchange between government agencies.
Travel & Hospitality
Digitalize customer check-in and registration. Speed up processes and reduce manual labor through increased automation.
Mobility
Automate customer onboarding and speed up driver license verification. Benefit of a European standard that works for various markets.
Telecommunication
Speed up registration for prepaid cards by using existing verified identities. Improve fraud detection through richer identities.
eHealth
Store health information and access other relevant information. Increase efficiency through reduced data handling and GDPR compliance.
EUROPEAN REGULATION
eIDAS 2.0 – the next frontier for digital identity in Europe.
With eIDAS 2.0 entering into force, all EU member states will be mandated to provide their citizens with access to digital identity wallets within 12 months following the release of eIDAS 2.0.
In June 2021, the EU Commission presented a draft of the eIDAS 2.0 regulations and with that, a plan for a European digital identity wallet standard. The goal is to create a pan-European and most importantly, an interoperable ecosystem.
With eIDAS 2.0, the European Commission aims to expand the basic digital identity and enable their citizens to not only identify themselves but also to digitize and store identity documents and further information, such as driver licenses and tax information. As a result, digital identity wallets could serve as catalyst for the digitalization of many industries.
With eIDAS 2.0, the European Commission will pave the way for the next generation of digital identity. For the first time, identity wallets will allow us to save and reuse previously verified identities. With the IDnow Wallet, we will enable our clients to leverage faster and more cost-efficient identity verification than ever before.
– Armin Bauer, CTO & Founder IDnow
FREQUENTLY ASKED QUESTIONS
Everything you need to know to prepare yourself for the next generation of digital identity.
Identity Wallets
Like a digital purse, identity wallets allow you to store identity documents, like ID cards, driver licenses, social security details, all in one place on your smartphone. Most importantly, identity wallets allow you to reuse previously verified identities.
eIDAS 2.0
In June 2021, the European Commission presented a first version of the eIDAS 2.0 regulation. While still a draft, eIDAS 2.0 will introduce a standard for identity wallets and pave the way for the next generation of digital identity in Europe.
Self-sovereign identity (SSI)
The concept of SSI has been existing for years, with many of them using Blockchain technology. However, the problem most SSI concepts have in common is the lack of legal acceptance. Identity wallets are here to change that.
Quality Trust Service Provider (QTSP)
A QTSP is certified by its national supervisory body to provide qualified trust service (QTS) in accordance with eIDAS 2.0, such as the issuing of a Qualified Electronic Signature (QES) or saving identity attributes to an identity wallet.
Digital verification via video-chat, backed by AI-technology. Our AML-compliant solution meets high security requirements.
Automated, AI-powered identity verification for users all over the world – anytime, anywhere. And AML-compliant.
Our automated instant identity verification is based on Artificial Intelligence and Machine Learning. It’s simple, secure, and available anywhere, at any time.
Identity verification is in the process of being certified by the ANSSI and complies with the Anti-Money Laundering Directives (AML-CFT) and meets high security requirements.
NFC-based solution for the electronic German identification card. Our identity verification solution with easy data scanning via smartphone. AML-compliant.