Seamless online identification using video chat in compliance with the Money Laundering Act
With IDnow Video-Ident you verify your customers’ identity in a few minutes – easy, secure and in compliance with the law. Our EU-patented solution results in a clear increase in conversion rates compared to traditional offline procedures.
All the customer needs is an internet access, a computer with webcam or smartphone or tablet and their valid identity document. Our product IDnow Video-Ident enables identification by video chat whilst taking into account all the requirements set forth in the Money Laundering Act, data protection directives and the requirements laid down by the respective supervisory authorities (e.g. BaFin, FIAU, FINMA or FMA).
Advantages for you
- Higher conversion rate
- Highest security standard & legal compliance
- Customized integration capability
- Improved quality of your customer data
Advantages for your customers
- Anytime and anywhere
- No additional hardware
- Easy and quick in a few minutes
- Real time processing of the request
»The decisive factor for selecting IDnow was the objective of providing our customers with a 100 % digital and mobile process, that can be seamlessly integrated using the APIs in our digital infrastructure fidorOS right through to our backend systems«
Matthias Kröner, CEO Fidor
IDnow Video-Ident is as simple as this:
Many industries are faced with the challenge of digitalising their business processes. In cooperation with the end customer, in many cases it is advisable to identify this beforehand. This is beneficial for the security of both parties, particularly in the finance, insurance, telecommunications, automotive and eCommerce sectors.
IDnow Video-Ident is a solution in compliance with the Money Laundering Act. In Germany for example it is governed by the BaFin, in Malta by FIAU, in Austria the FMA and in Switzerland the Finma. We meet all legal requirements.