Signicat, a provider of electronic identity and electronic signature solutions, has partnered with Belgium Mobile ID.
It will integrate the Belgian itsme digital identity scheme into its Digital Identity Platform to help Belgian financial institutions, online retailers, and other entities attract new customers and more seamlessly engage with existing customers.
This will be achieved through frictionless customer on-boarding and ongoing, advanced user authentication, improved digital customer engagement through electronic signing and preservation of legal agreements, as well as regulatory compliance of KYC and AML, GDPR and more.
Signicat allows businesses throughout Europe to accept itsme as an official mobile ID, meaning that Belgian citizens will be able to use their digital ID to access services across the continent.
As part of the engagement, Signicat will become a value-added reseller for itsme.
“Being able to on-board and keep digital customers is becoming increasingly important for businesses, especially with offerings that require a level of trust beyond a functional credit card. Our work with Belgian Mobile ID means that we can streamline customer onboarding and ongoing engagement for organisations looking to build trusted digital relationships with customers in Belgium,” said Gunnar Nordseth, CEO, Signicat.
“The integration of itsme into the Signicat platform further means that businesses across Europe can quickly and securely on-board Belgian customers, digitally, in minutes – and have trust in their identities – without any need for excessive paperwork.”
Signicat also recently signed a digital identity partnership with IT security company Verisec, the developers of Freja eID. As part of the deal Signicat will now offer Freja eID as a signing and authentication method—enabling retail, financial, and other organisations to use Freja eID to on-board and engage customers.
Freja eID is a digital identity with ‘two levels of trust’; the easily accessible basic Freja eID, and the more secure and trusted Freja eID+, which requires additional identity vetting. Freja eID can be used to sign documents in accordance with the EU’s cross-border digital identity regulation (eIDAS). It also makes it possible for those with limited access to electronic identity schemes—such as recent immigrants—to use Freja eID at the basic level.
Signicat has added Freja eID support into the Signicat Digital Identity Platform and will resell Freja eID acceptance as part of the commercial arrangement.
Nordseth added: “Signicat is pleased to be working with Verisec and to add support for Freja eID and Freja eID+ to the Signicat Digital Identity Platform. By supporting Freja eID we give our customers a new digital identity method for use in combination with all those we already support across Europe. Signicat fully supports Freja eID for authentication, customer on-boarding, and to digitally sign documents.”
Both the partnerships come a few months after Signicat secured €1.36m in phase two funding from the EU’s Horizon 2020 programme. The grant follows the completion of phase one, undertaken by Signicat and funded by Horizon 2020 in December 2016.
Copyright © 2018 RegTech Analyst
Copyright © 2018 RegTech Analyst
