Electronic IDentification Digital Infrastructure · EIT Digital is supported by the EIT, a body of...
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@EITDigitalAccel eitdigital.eu/accelerator EIT Digital is supported by the EIT, a body of the European Union Scaling up European Digital Ventures Electronic IDentification Digital lifestyles and the need to provide better service have led to important changes in customer relationships. Remote digital identity verification has become a necessity for businesses and organisations, from Financial Services to Telecommunications to Public Administrations. However, as regulatory requirements tighten, meeting global KYC/AML and eIDAS regulations increases friction and makes customer conversion and interaction more complex. VideoID allows companies to provide a seamless customer experience while at the same time comply with regulations and minimise fraud. AI and Machine Learning algorithms together with computer vision and biometric facial recognition ensure that the person wishing to open an account or execute an online transaction is who they say they are. VideoID is a patented identity verification solution that combines video in streaming + Artificial Intelligence to identify customers in seconds, from any country with any ID document. It runs on any device and has the same level of technical security and legal compliance as face- to-face identification. World leader in fully compliant video identification processes Digital Infrastructure Electronic IDentification
Transcript of Electronic IDentification Digital Infrastructure · EIT Digital is supported by the EIT, a body of...
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@EITDigitalAccel
eitdigital.eu/accelerator
EIT Digital is supported by the EIT, a body of the European Union
Scaling up European Digital Ventures
Electronic IDentification
Digital lifestyles and the need to provide better service have led to important changes in customer relationships. Remote digital identity verification has become a necessity for businesses and organisations, from Financial Services to Telecommunications to Public Administrations.
However, as regulatory requirements tighten, meeting global KYC/AML and eIDAS regulations increases friction and makes customer conversion and interaction more complex.
VideoID allows companies to provide a seamless customer experience while at the same time comply with regulations and minimise fraud. AI and Machine Learning algorithms together with computer vision and biometric facial recognition ensure that the person wishing to open an account or execute an online transaction is who they say they are.
VideoID is a patented identity verification solution that combines video in streaming + Artificial Intelligence to identify customers in seconds, from any country with any ID document. It runs on any device and has the same level of technical security and legal compliance as face-to-face identification.
World leader in fully compliant video identification processes
Digital Infrastructure
ElectronicIDenti�cation
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@EITDigitalAccel
eitdigital.eu/accelerator
EIT Digital is supported by the EIT, a body of the European Union
Scaling up European Digital Ventures
• Accelerates customer onboarding and transactions
• Maximum versatility – works on any device with a camera and a browser (web-mobile)
• Universal solution: any country, any document, anytime
• Artificial Intelligence for real-time security and verification
• Legal compliance with most stringent regulation: KYC/AML5, eIDAS where video in streaming is a must requirement
• One click integration through API Services • Improves user experience, accuracy
and security from picture/selfie based solutions in lower risk security processes
• One click onboarding integrated with Salesforce CRM
• Financial Services (Insurance, Banking and Fintech)
• Travel
• Sharing economy
• Blockchain & Cryptocurrencies
• Governments & Public Institutions
• Telecommunications
• Gambling
• Europe, Latin America, Asia, Australia, U.S
Iván Nabalón, CEO e: [email protected]
t: +34 620 24 11 99
• Banks, Insurance Companies, Consumer Finance, Cryptocurrencies, Financial Services: customer remote formal identification by video for KYC / AML processes: to create new accounts, contract high risk services
• Telecommunications: end to end digital contracting for new mobile phones and SIM cards, fraud prevention in mobile terminals finance
• Governments: citizen registration in electronic sites, identity accreditation for security measures, passport and ID renewal, voter registration, border control
• Travel: automatic flights onboarding, check-in for hotels
• Sharing Economy: employees contracting, customer identity for car sharing
• More than 40 customers in three continents
• Banco Santander, KPMG, Société Générale Group (Self Bank), Nationale Nederlanden, Carrefour, Caixabank, and EVO Bank
• Named one of the top 100 most innovative RegTech companies worldwide
• Recognised by Gartner as “Cool Vendor 2017”
• 1st in Europe of top 100 influencers in digital identification by OWI
Competitive Advantages
CompanyConnect
TargetMarkets Use Cases
References
• Founded: 2013
• Founder: Iván Nabalón (CEO)
• Headquarters: Madrid (Spain)
• Location: Electronic Identification Av Ciudad de Barcelona 81, 4 28007 Madrid Spain
www.electronicid.eu /company/software-eid/
Electronic IDentification is a scaleup proudly supported by EIT Digital Accelerator
ElectronicIDenti�cation
