Swedish ZignSec launches online Electronic ID in 16 countries across Europe

With increasing competition and demands on Know Your Customer (KYC) processes and anti-money laundering (AML) checks, companies and financial institutes need to start rethinking traditional processes in registration, scanned documents, and manual processes.

Electronic ID from ZignSec, now launched in 16 European countries, is the first product that facilitates multiple ID methods and data sources in one solution and one API. As only one agreement is needed, customers can efficiently and easily integrate and maintain its service. Thanks to Zignsec’s flexible platform, companies such as online merchants are reassured to always be up-to-date with the latest technology as new solutions and sources of data are added continuously.

“Electronic ID from ZignSec is the leading solution for everyone that needs an efficient online authentication of their customers as part of their KYC processes. I am proud and excited that we are now available on markets across Europe so that companies are able to know their customers more secure, flexible, easy to use, and cost efficient” says Jonas Ingelström, CEO of ZignSec.

The countries are Brazil, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, Georgia, Latvia, Lithuania, Mexico, Netherlands, Norway, Poland, Romania, Spain, Sweden, and the UK. Electronic ID from ZignSec has previously been available in the Scandinavia markets.

Key features include:

●Strong authentication. Compliant with Anti-Money Laundering and Counter Terrorism Funding (AML/CTF) laws, and the European Central Bank’s guidelines for traceable transactions

●Online only. An all-digital process for all parties

●Fast authentication. It takes never more than 1 minute for end-users

●Mobile friendly. The authentication can always be carried out from a mobile device.

●Supports BankID in Norway and Sweden and NemID in Denmark and

●Connected to over 180 banks throughout the world

For more information, please contact:
Jonas Ingelström, CEO
jonas.ingelstrom@zignsec.com
+46 706 73 15 02