FinTech

FinTech regulation – between compliance & scalabilityFinTech regulation – between compliance & scalability

With their services and solutions for the financial industry, fintechs are not necessarily subject to the same regulatory and legal requirements as banks. However, with WebID’s identification solutions, fintechs can meet the stricter regulatory standards of (neo)banks and thereby lay the foundation for their expansion plans.With their services and solutions for the financial industry, fintechs are not necessarily subject to the same regulatory and legal requirements as banks. However, with WebID’s identification solutions, fintechs can meet the stricter regulatory standards of (neo)banks and thereby lay the foundation for their expansion plans.

eIDAS 2.0 Certified
AMLR-Compliant
EUDI-Wallet-Ready

Over 300+ companies trust usOver 300+ companies trust us

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All you need to proceed

KYC identity verification for fintechs. Easier than everKYC identity verification for fintechs. Easier than ever

Fintechs need to be able to rely on their identification processes being KYC- and KYB-compliant across their various target markets. WebID’s solutions are designed to reflect national differences in legal and regulatory requirements.Fintechs need to be able to rely on their identification processes being KYC- and KYB-compliant across their various target markets. WebID’s solutions are designed to reflect national differences in legal and regulatory requirements.

VideoID (Review)

Semi-Automated Identification Process

The semi-automated identification process, which includes hologram recognition and optional manual verification via agent review, is also eIDAS 2.0-certified and will therefore comply with AMLR in the future.The semi-automated identification process, which includes hologram recognition and optional manual verification via agent review, is also eIDAS 2.0-certified and will therefore comply with AMLR in the future.

CorporateID

KYB obligations in accordance with GwG/AML regulations

Efficient, fast and without the need for a second check of the company file, obligated entities benefit with CorporateID from an AMLR-compliant company identification, including legal entities.Efficient, fast and without the need for a second check of the company file, obligated entities benefit with CorporateID from an AMLR-compliant company identification, including legal entities.

AccountID

Automated Identity Verification via Online Banking

Conforme a eIDAS 2.0 en combinación con una QES y, por lo tanto, conforme a la AML, la identificación automatizada con AccountID se lleva a cabo mediante una transferencia de referencia a través de la banca online. Disponible las 24 horas del día, los 7 días de la semana, centrada en el usuario y segura.Conforme a eIDAS 2.0 en combinación con una QES y, por lo tanto, conforme a la AML, la identificación automatizada con AccountID se lleva a cabo mediante una transferencia de referencia a través de la banca online. Disponible las 24 horas del día, los 7 días de la semana, centrada en el usuario y segura.

VideoID (Live)

Agent-assisted Live Video Identification

With VideoID, identification is carried out in accordance with eIDAS 2.0 and AMLR in conjunction with a QES in person-to-person live video calls with highly trained agents – for optimum security and the highest quality standards.With VideoID, identification is carried out in accordance with eIDAS 2.0 and AMLR in conjunction with a QES in person-to-person live video calls with highly trained agents – for optimum security and the highest quality standards.

TrueID

Identification Based on Existing Personal Data

TrueID verifies using pre-existing and consent-based digital identities. Simple authentication via SMS OTP ensures extremely fast processing and smart customer experience.TrueID verifies using pre-existing and consent-based digital identities. Simple authentication via SMS OTP ensures extremely fast processing and smart customer experience.

eID

Identification Via ID Card

Needless to say, the automated processing of ID data using eID is also an identification method permitted under eIDAS 2.0 and compliant with the Anti-Money Laundering Act (AML), and it will become increasingly relevant in the future.Needless to say, the automated processing of ID data using eID is also an identification method permitted under eIDAS 2.0 and compliant with the Anti-Money Laundering Act (AML), and it will become increasingly relevant in the future.

SignID

Sign Contracts Digitally with Legal Validity

Approved in accordance with eIDAS 2.0 and compliant with GwG/AML, SignID allows important contract documents to be signed digitally in a legally compliant, quick, and uncomplicated manner.Approved in accordance with eIDAS 2.0 and compliant with GwG/AML, SignID allows important contract documents to be signed digitally in a legally compliant, quick, and uncomplicated manner.

Regulations fintechs must comply withRegulations fintechs must comply with

With their products for the financial industry – such as standard solutions for transaction monitoring or identification, cryptocurrencies, or decentralized financial services – fintech companies are at least indirectly required to comply with various regulatory and legal requirements. However, when fintechs aim to scale their business or hold a full banking license, they are subject to the same legal and regulatory requirements as banks, credit institutions, or insurance companies.

See it to believe itSee it to believe it

Experience the power of our solutions. See the future of identity verification for yourself and request your demo. Experience the power of our solutions. See the future of identity verification for yourself and request your demo.

Security

Modern Online Transactions

Experience contemporary transactions that are not only user-friendly but also fully compliant with legal standards. Rely on smooth, secure customer verification that adheres to all relevant data protection regulations.

AML compliant
User-friendly onboarding
Highest data protection standards

Solutions

WebID Solutions for Financial Service Providers

Use our specialized solutions VideoID, AccountID, SignID, and eID to offer your customers secure and efficient financial services. We conduct over 10,000 anti-money laundering compliant personal identifications daily and guarantee the protection of sensitive data as well as your customers’ identities.

Discover solutions

Keep your business tight and rightKeep your business tight and right

Customize your ideal verification system and experience lightning-fast verification.Customize your ideal verification system and experience lightning-fast verification.

FinTech regulation – between compliance & scalabilityFinTech regulation – between compliance & scalability

KYC identity verification for fintechs. Easier than everKYC identity verification for fintechs. Easier than ever

Regulations fintechs must comply withRegulations fintechs must comply with

5AMLD/6AMLD and KYC/KYB

GwG and BaFin circulars

eIDAS Regulation

MiCA

DORA

(EU) GDPR

Specific regulations for fintechs in the UK

See it to believe itSee it to believe it

Keep your business tight and rightKeep your business tight and right