- Signicat provides a trusted digital identity platform that integrates electronic IDs and other verification methods from across Europe
- Verimi is the leading cross-industry identification and authentication platform in Germany and will be a Strategic ID partner for Signicat in Germany
Berlin, 27.03.2019. Identification platform Verimi and digital identity solutions provider Signicat have today announced a partnership which delivers a better multi-factor identification and authentication solution across Europe. The agreement, signed today, includes the integration of Verimi’s identification platform into Signicat’s Digital Identity Hub.
Verimi is the leading ID provider in Germany and was selected by Signicat after intensive testing as a strategic ID Partner for its entry into the German market. Signicat’s Digital Identity Hub allows customers to connect once, then digitally onboard and authenticate their clients in a verified, compliant manner. The partnership means that Signicat customers can add Germany to the list of markets where they can digitally onboard customers.
The agreement enables Verimi to attract more international partners via their network and means that Verimi will be an ID provider for Signicat’s services in Germany. Signicat will integrate Verimi services into their digital identity hub so that new and existing clients can use Verimi’s identification and authentication methods. Overall, the partnership ensures that secure and effective digital on-boarding, identity verification services, and regulatory compliance offerings can be provided in an interoperable manner across Europe.
Signicat and Verimi will together provide regulated businesses with verified digital identity solutions. Verified digital identities are increasingly important to many industries, in particular for banks, financial service providers, insurance companies, and public services.
Gunnar Nordseth, CEO of Signicat, said: “Germany is rapidly becoming a digital-first nation and our partnership with Verimi means we can offer our international clients an excellent identity verification and authentication method to attract and retain new customers. Verimi’s exciting offering is opening new doors for us in Germany and we look forward to working together with them.”
"Verimi starts to gain a foothold in the European market for digital identities and Signicat is the ideal partner for Verimi to attract even more new clients in Europe. We are happy to enter into a partnership with Signicat and become the ID Provider of choice in Germany", said Roland Adrian, Spokesman for the Management Board of Verimi.
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Verimi is the European cross industry identity and trusted platform. Verimi combines a convenient central login (Single Sign On), highest data security and protection standards in line with European law and the self-determination of users regarding the use of their personal data. Verimi was founded in spring of 2017. The identity and trusted platform is supported by a network of thirteen international corporations. The shareholder network includes Allianz, Axel Springer, Bundesdruckerei, Core, Daimler, Deutsche Bahn, Deutsche Bank and Postbank, Deutsche Telekom, Giesecke+Devrient, Here Technologies, Lufthansa, Samsung and Volkswagen.
Based in Trondheim, Norway, and founded in 2007, Signicat operates the largest Digital Identity Hub in the world, offering the only complete identity platform in the market and trusted to reduce the burden of compliance in highly regulated markets. With Signicat, service providers can build and leverage existing customer credentials to connect users, devices and even ‘things’ across channels, services and markets transforming identity into an asset rather than a burden. By replacing manual, paper-based processes and replacing them with digital identity assurance, customer on-boarding is accelerated and access to services is made simple and secure. Signicat’s Identity Hub is a complete solution to that offers compliance and a route to better customer engagement. Signicat has over 500 financial services organisations as clients, connects to more than 20 schemes globally and verifies more than 10m identities per month.