#Germany #Munich #Identity Verification #IDnow #eIDAS 2.0

IDnow Establishes a New Benchmark in Identity Verification

In a significant stride for digital identity verification, IDnow has announced that several of its flagship products have successfully met the ETSI 119 461 v2.1.1 certification, a critical milestone recognized as the compliance standard for remote identity verification in Europe. This certification, awarded by the European Telecommunications Standards Institute (ETSI), marks IDnow as one of the pioneering providers in Europe to comply with the latest eIDAS 2.0 regulations and the forthcoming Anti-Money Laundering Regulation (AMLR).

The Importance of ETSI 119 461 v2.1.1 Certification

The ETSI 119 461 v2.1.1 certification serves as a benchmark for acceptable practices in identity verification, particularly against the growing threats of online fraud and identity theft. With the increasing sophistication of techniques such as deepfakes, particularly in sectors like finance and telecommunications, having robust metrics for biometric and security standards is critical. The certification process was rigorous, involving thorough testing conducted by the accredited body, QSCert, to ensure that IDnow's products could meet the high expectations outlined within the ETSI standards.

Armin Berghaus, the Founder and Managing Director of IDnow, expressed pride in this achievement, emphasizing that it represents a practical commitment toward enhancing digital onboarding across the most regulated industries. He stated, "This milestone not only reflects a technical success but also underscores our dedication to securing user-friendly identity verification across digital platforms."

Benefits for European Businesses

The implications of IDnow's certification extend far beyond mere compliance. The ETSI 119 461 v2.1.1 standard elaborates a detailed framework that includes essential requirements such as presentation attack detection, injection attack detection, and biometric integrity assurance. As a result, businesses that partner with IDnow can select from a range of tailored identity verification solutions that satisfy both existing and anticipated regulatory expectations.

Offerings and Future Developments

Among the innovative solutions being offered by IDnow, there are several noteworthy methods of verification:

• - Expert-led video identity verification: A quick and efficient process that allows users to verify their identities seamlessly through video.
• - Automated identity verification: Streamlining the verification process with technology that minimizes human intervention.
• - NFC identity verification: Utilizing Near Field Communication technology for fast, secure identity checks.
• - Electronic ID card (eID) verification: Enabling users to utilize their electronic IDs for verification.
• - EU Digital Identity Wallet verification: A necessary compliance as all EU banks must adopt this by 2027.

Through its robust identity verification and fraud prevention platform, IDnow blends certified biometric checks with real-time fraud detection, ensuring that clients can conduct business securely without compromising user experience. This proactive approach not only meets current compliance standards but also prepares clients for future regulatory requirements.

A Future-Ready Partner

Looking ahead, IDnow's recent certification positions it as a trusted partner for regulated industries spanning Europe. Berghaus remarks, "This latest certification reinforces our commitment to delivering a versatile and future-proof identity verification and fraud prevention platform designed for businesses grappling with complex compliance requirements." As IDnow continues to innovate and evolve, its focus on securing digital identities paves the way for enhanced security and trust in the customer journey across Europe.

IDnow operates offices in Germany, the United Kingdom, and France, and is backed by reputable institutional investors. Its diverse client base includes various sectors such as financial services, telecommunications, travel, and gaming. As the digital landscape continues to transform, IDnow remains at the forefront, empowering businesses with AI-driven solutions that enhance security and foster growth in the digital age.