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IDnow receives ANSSI’s safety approval for PVID certification for its id proofing providers and VideoIdent Acquire US

The PVID certifications issued by ANSSI for the automated id proofing service and the videochat-based VideoIdent mark a brand new milestone within the id proofing service supplier’s need to turn out to be the main European participant on the digital id market.

MUNICH, Aug. 1, 2023 /PRNewswire/ — IDnow, a number one id proofing platform supplier in Europe, has obtained the distant id verification certification known as PVID (prestataire de verification d’identité à distance) on the extent “substantial” for its Identification Proofing Service and VideoIdent Certified Digital Signature. A logo of the fruits of months of collaboration and involvement of all groups, this certification demonstrates the corporate’s need to supply its clients options which are secure, compliant, and totally in keeping with the laws in France.


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PVID – European management in digital and monetary safety

In a society the place transactions have turn out to be significantly digitized and at the moment are principally performed remotely, the danger of id theft has elevated, notably within the banking and monetary sector. That is why the Nationwide Company for the Safety of Info Methods (Agence nationale de la sécurité des systèmes d’data, the ANSSI) established a brand new framework defining stricter necessities of id verification suppliers. The brand new normal leads the way in which for choose id suppliers to successfully battle in opposition to fraud – a singular objective throughout rigorous Anti Cash Laundering (AML) legal guidelines in France and all through Europe. PVID raises cybersecurity requirements for conventional finance, digital finance, belief providers, and past.

Launched in March 2021, PVID certifies suppliers the flexibility to supply id verification as outlined by Europe’s Regulation on Digital Identification and Belief Providers, eIDAS Regulation. The place eIDAS establishes European ranges of safety to satisfy the equivalence of a face-to-face verification for varied use instances, PVID implements these ranges of safety to allow compliant digital onboarding for banking and different monetary providers in France. The certification, issued for 2 years, permits extremely regulated banking or FinServ gamers to entry a strong, safe service providing, thus enabling distant identification whereas lowering the danger of id fraud.

France is the primary nation within the European Union to have established an efficient coverage for distant id verification, and was adopted by the work of the European Telecommunications Requirements Institute (ETSI) on the ETSI TS 119 461 normal, which pursues an identical objective.

An plain aggressive benefit within the digital id proofing market

As solely the second personal participant to acquire the coveted certification, IDnow has a serious benefit within the digital id proofing market. The licensed Identification Proofing Service and VideoIdent Certified Digital Signature supply clients a trusted onboarding course of that meets the safety necessities of the ACPR (Autorité de contrôle prudentiel et de decision) and helps the battle in opposition to cash laundering and fraud. The options enable banks to supply versatile, easy, and quick digital paths to enhance conversion charges by means of 100% distant identification, equal to a face-to-face course of.

“Acquiring PVID certification is a supply of nice pleasure and validation for IDnow and an actual recognition of our experience within the digital id market in France,” feedback Rayissa Armata, Senior Head of Regulatory Affairs at IDnow. “Because the regulatory panorama goals to increase its attain to extra digital providers throughout Europe, PVID affords nationwide regulators an instance of a constant framework that locations privateness and safety at its forefront. Past France, PVID represents yet one more step for IDnow in its ambition to supply its clients probably the most safe options licensed by reference organizations, equivalent to ANSSI. Requirements like PVID or TS 119 461 have the potential to be constructing blocks for future onboarding laws throughout geographies and functions, like digital id wallets. The expertise gained from PVID or our contribution to writing TS 119 461 will show invaluable, and few firms will be capable of advise clients in addition to IDnow on navigating on this sphere,” provides Rayissa.

About IDnow

IDnow is a number one id proofing platform supplier in Europe with a imaginative and prescient to make the related world a safer place. The IDnow platform supplies a broad portfolio of id verification options, starting from automated to human-assisted from purely on-line to point-of-sale, every of them optimized for person conversion charges and safety.

In 2021, IDnow acquired the French market chief for id expertise, ARIADNEXT, and the German id Belief Administration AG, enabling IDnow to supply its clients one of many broadest identification options by means of a single, built-in platform.

The corporate has workplaces in Germany, United Kingdom, and France and is backed by famend institutional traders, together with Corsair Capital and Seventure Companions. Its portfolio of over 900 worldwide shoppers spans a variety of industries, and contains main worldwide gamers, equivalent to Uni Credit score, Telefonica, Sixt, Crédit Agricole, BNP, and Munich Re, in addition to digital champions like N26, Solarisbank, Younited Credit score, Boursorama, Klarna and Tier mobility.

Press contact IDnow:

Katherina Riesner
[email protected]
+49 89 41324 6030

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IDnow receives ANSSI's safety approval for PVID certification for its id proofing providers and VideoIdent Acquire US Obtain US

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