IDnow platform will be expanded to include the eID service. In addition to video identification and the AI-based AutoIdent solution, IDnow will now also offer IDnow eID, a quick and user-friendly way to identify people using the online functionality of their ID card with their smartphone. An NFC-enabled smartphone can even be used to completely replace a card reader of any kind. The ID card is scanned and read in seconds. After entering their PIN, the user simply holds the ID document up to their smartphone and the relevant data is transmitted in a secure encrypted form. IDnow eID can be used by anyone with an ID card (available since 1st November 2010) who has activated its online ID functionality.
Read More :Montreal Fintech FlexPay Raises $6M from Impression Ventures and BMO Capital Partners
With the online ID function, AUTHADA’s eID service delivers maximum user-friendliness. For businesses, the unique identification solution also promises high conversion rates and the strictest security standards. In terms of identification, the solution is compliant with both the Money Laundering Act (AMLA) and the eIDAS Signature Ordinance (eIDAS) for the issuance of Qualified Electronic Signatures (QES) according to the European eIDAS regulation. This complies with the most stringent data protection and security guidelines in Europe.
“With our new eID service, IDnow eID, we are enabling our users to choose and switch between different identification methods on the IDnow platform,” says Sebastian Bärhold, Co-Founder of IDnow and also responsible for Partner Management. “We decided on the AUTHADA solution because we believed they offered both the best product on the market and the most convincing strategy for the future,” he continues.
Read More :Olympus Fintech Introduces Olympus Platform
“The advantages of the strategic partnership between IDnow and AUTHADA are clear: We have combined our strengths for the benefit of our customers under the motto ‘cooperate instead of compete′. This will enable a simpler and accelerated implementation of our solutions thereby strengthening our market position. At the same time, our customers are able to offer their users a choice – identification via video or using the eID service. We are very excited about the partnership and the resulting synergies.” explains Andreas Plies, CEO and Co-Founder of AUTHADA.
Matthias Taube, Head of the Department, which is responsible for ID cards with online ID function at the Federal Ministry of the Interior, welcomes the new offer: “The German government’s online ID card corresponds to the highest level of trust in accordance with the eIDAS regulation. IDnow eID is a highly secure identification solution for future-oriented industries.
Read More: Bank of America Expands Unlimited Zero-Dollar Trades to All Merrill Edge Self-Directed Clients
