The German Anti-Money Laundering Act (GwG)

Based on the EU-wide Anti-Money Laundering Directive (AMLD) , the German Anti-Money Laundering Act obligates companies in the financial sector to verify identities within their KYC and KYB processes. The aim of the requirements in §§ 10 to 15 GwG is to combat money laundering, terrorist financing, and other forms of financial fraud. Furthermore, companies are required to conduct customer due diligence checks, perform risk classifications, implement transaction monitoring measures, and establish processes for reporting suspicious activities.

eIDAS Regulation (EU No. 910/2014)

On May 20, 2024, the revision of the “Regulation (EU) No. 910/2014” on electronic identification and trust services for electronic transactions in the internal market came into force through Regulation “(EU) No. 2024/1183,” known as eIDAS 2.0. A central element is the introduction of an identity wallet (EUDI Wallet), enabling individuals and companies to use valid identification both online and offline and to access authentication services securely, easily, and uniformly across Europe. It also aims to improve interoperability between national identification systems.

Digital Operational Resilience Act (DORA)

With DORA, Regulation (EU) 2022/2554 on digital operational resilience in the financial sector, the EU has created regulation addressing cybersecurity, ICT risks, and digital operational resilience. This regulation is intended to strengthen the European financial market against cyber risks and ICT incidents. Since January 17, 2025, all companies in the financial sector have been required to implement the obligations arising from DORA.

MiCA Regulation (Markets in Crypto-Assets Regulation)

The MiCA Regulation (Markets in Crypto-Assets Regulation) is the first comprehensive regulation for cryptocurrencies and related services in the EU, creating a unified legal framework to protect consumers, ensure financial stability, and foster innovation in the crypto sector. Everything about MiCA

With the EU AI Act, regulating the use of artificial intelligence (AI), another essential framework came into effect on August 1, 2024. Companies in the financial sector are also required to define and integrate appropriate measures for legally compliant implementation into their systems.

General Data Protection Regulation (GDPR)

Binding since 2018, the GDPR defines how personal data of natural persons must be processed by companies based in the EU or offering services to EU citizens, even if located outside the EU.

What is eID and how does online ID verification work?

eID stands for electronic identification and is a secure solution for online verification using an ID card. With the eID service, your customers can easily and securely verify their identity online. The identity is confirmed through the online identification process by reading the data stored on the ID card.

Security is the top priority with eID. The identification takes place via an encrypted connection to a government-certified eID server and meets the highest security standards. This ensures that your customers’ data remains protected and is used solely for authentication purposes.

Can I use eID as an online identity check for age verification?

Yes, the eID service also enables secure age verification using the ID card. This is especially useful for online services that require age verification to ensure that only authorized users gain access.

What are the advantages of online identification with eID?

Using the eID offers numerous benefits: Fast online identity verification: Your customers’ identities can be confirmed within seconds. Maximum security: Protect your customers’ data with advanced encryption technologies. Convenience: No need for additional documents, as an ID card or passport can be used. Versatility: Ideal for a wide range of online applications, from registration to age verification.

How can I activate the eID service?

To use the eID service, your customers need a valid electronic ID card with the online identification function activated and an NFC-enabled smartphone. They simply need to follow the instructions in the app to start the process.

Which services requiring online identification are compatible with eID?

The eID service is highly versatile and supported by numerous online services that require secure identity verification. For more detailed information, feel free to contact us directly – we’ll be happy to assist you!

What do my customers need to use eID?

To use eID, your customers need an ID card with the online identification function activated and a smartphone with NFC capability. They should ensure that their devices are compatible and up to date to guarantee a smooth identification process.

eID: Identity Verification via NFC Verification

How it works

VerifyIDentity reliablyVerifyIDentity reliably

eID – the digital trailblazer for identity verification: Your customers experience the identification process in just two simple steps – convenient, secure, and fast.

Quick Start with PIN Authorization Quick Start with PIN Authorization

Quick and secure authorization: Use the ID PIN to release data quickly and securely. This step integrates seamlessly into the process and provides an additional layer of security.Quick and secure authorization: Use the ID PIN to release data quickly and securely. This step integrates seamlessly into the process and provides an additional layer of security.

Easy ID Data Capture Easy ID Data Capture

With our app, digitally reading your customers' data is a breeze. Your customers simply hold their ID card against their smartphone, and the app does the rest — an efficient and reliable way of online identification that fits into any technical environment.With our app, digitally reading your customers' data is a breeze. Your customers simply hold their ID card against their smartphone, and the app does the rest — an efficient and reliable way of online identification that fits into any technical environment.

Advantages

Compliance Effectively ImplementedCompliance Effectively Implemented

Your business grows while always staying within the regulatory framework.Your business grows while always staying within the regulatory framework.

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AddOns

Revolutionary identity verification: Modular and flexibleRevolutionary identity verification: Modular and flexible

Experience simple identity verification in the all-in-one hub. No complications, no stress.Experience simple identity verification in the all-in-one hub. No complications, no stress.

SignID

Sign Digitally

Our digital SignID makes it possible: your customers can sign official documents conveniently and in compliance with the law – at any time.

TrueID

Our Fastest and Smartest Identification

Use TrueID to verify users with existing digital identities. Simple authentication via SMS-OTP ensures faster processing and happier customers.

Keeping Financial Supervisory and Data Protection Requirements in FocusKeeping Financial Supervisory and Data Protection Requirements in Focus

Compliance officers in banks, insurance companies, and asset managers face almost continuous new regulations, especially in the areas of technology and data risks, consumer and investor protection, as well as risk management and governance. Here is a rough overview:

The Rising Trend of Reusable Digital IdentitiesThe Rising Trend of Reusable Digital Identities

This white paper delves into the emerging trend of reusable digital identities on a global scale, explores their evolution, benefits, challenges and the role they play in shaping the future of digital identity management.This white paper delves into the emerging trend of reusable digital identities on a global scale, explores their evolution, benefits, challenges and the role they play in shaping the future of digital identity management.

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Whitepaper: The Rising Trend of Reusable Digital Identities

Digital identity made simple

Find the industry that describes you ideallyFind the industry that describes you ideally

Banking

Tilo Hacke

Member of the Executive Board at Deutsche Kreditbank AG

“With our new feature, we are meeting market demand for a fully digital mortgage process while also realizing our own ambition for modern process automation. The digital contract signing optimizes the customer journey through efficiency and speed.”

KYC-Identitätsprüfung für Krypto-Unternehmen

Crypto

E-Commerce

Feyzi Demirel

COO

"WebID has been proving for more than ten years that innovation and high service quality can go hand in hand and therefore fits perfectly with our mobilezone service promise."

E-Government

E-Health

Entertainment

Christian Chmiel

COO

"WebID's fast and reliable verification technology is revolutionising the e-sports sector, guarantees us consistently satisfied players and is indispensable for our platform."

FinTech

Michael Herschlein

CEO

"With WebID, we have found a scalable solution that precisely fulfils all expectations and the legal framework conditions of the financial sector."

Mobility

Telecom

All-in-one

Flexible features to power your growthFlexible features to power your growth

Identification Database

Leverage our identification database for instant identity checks and benefit from our TrueID solution.

Age Verification

Automatically and easily verify your customers’ ages.

Telecommunications

Offer a comprehensive online service for SIM card registration.

Loyalty Programs

Use identifications for reward systems, brands, and companies.

Risik Management

Significantly reduce the risk of potential fraud and increase revenue.

Mobility

Online verification to avoid liability risks at electric charging stations.

Use Cases

Discover the possibilities

Marketplace security: WebID & Firstsource rely on AIMarketplace security: WebID & Firstsource rely on AI

Use Cases

Pen tests with GenAI contribute to security and trust in an online real estate marketplace for short- and long-term homestays

Marriage Registration as an Online Service of the AdministrationMarriage Registration as an Online Service of the Administration

Use Cases

Marriage Registration as an Online Service of the Administration

Fully Automated Online ID Verification with AI at the GoBIG LeagueFully Automated Online ID Verification with AI at the GoBIG League

Use Cases

Fully Automated Online ID Verification with AI at the GoBIG League

All articles

Price Wise, SurprisePrice Wise, Surprise

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

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All you need to proceed

Upgrade the identity verification processUpgrade the identity verification process

Experience easy identity verification in the WebID all-in-one hub. No complexity, no stress.Experience easy identity verification in the WebID all-in-one hub. No complexity, no stress.

VideoID (Review)

AI meets expert review

VideoID (Review) is our eIDAS compliant solution that is also AML-compliant in most countries worldwide and boosts your security level by reviewing the automated identification process by one of our ident experts.VideoID (Review) is our eIDAS compliant solution that is also AML-compliant in most countries worldwide and boosts your security level by reviewing the automated identification process by one of our ident experts.

AccountID

High-Speed Identity Verification

Identify your customers with a reference transfer via online banking. Our process is fully automated, instantly available, and compliant with AML (Anti-Money Laundering) regulations — for maximum security and optimal convenience.Identify your customers with a reference transfer via online banking. Our process is fully automated, instantly available, and compliant with AML (Anti-Money Laundering) regulations — for maximum security and optimal convenience.

CorporateID

Identification of Companies: Valid and Efficient

With CorporateID, regulated companies reduce the internal personnel costs involved in identifying legal entities, partnerships, and beneficial owners.With CorporateID, regulated companies reduce the internal personnel costs involved in identifying legal entities, partnerships, and beneficial owners.

AutoID

AI meets Identity

With AutoID, your users experience the thrill of verification — fast, efficient and secure. Stay ahead with WebID.With AutoID, your users experience the thrill of verification — fast, efficient and secure. Stay ahead with WebID.

VideoID (Live)

Security via Live-Video

Rely on VideoID (Live) for secure and personal online identification. Ideal for customers who expect maximum security and the highest quality standards.Rely on VideoID (Live) for secure and personal online identification. Ideal for customers who expect maximum security and the highest quality standards.

TrueID

Our Fastest and Smartest Identification

Use TrueID to verify users with existing digital identities. Simple authentication via SMS-OTP ensures faster processing and happier customers.Use TrueID to verify users with existing digital identities. Simple authentication via SMS-OTP ensures faster processing and happier customers.

ID Fraud Protect

ID Fraud Protect – AI-Driven Threat Assessment for Maximum ID Fraud Protection

Identify and expose weaknesses in identity verification with regard to identity theft and identity fraud: ID Fraud Protect uses pentesting, red teaming, and other AI-based tools to prevent potentially far-reaching consequences for companies.Identify and expose weaknesses in identity verification with regard to identity theft and identity fraud: ID Fraud Protect uses pentesting, red teaming, and other AI-based tools to prevent potentially far-reaching consequences for companies.

SignID