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MUNICH, Aug. 1, 2023 /PRNewswire/ — IDnow, a leading European provider of identity proofing services, has achieved a significant milestone in its journey to becoming the foremost player in the digital identity market. The company’s automated IDCheck.io and videochat-based VideoIdent services have received PVID certification from ANSSI (Agence nationale de la sécurité des systèmes d’information), France’s National Agency for Information Systems Security.
PVID – A Mark of European Leadership in Digital and Financial Security
Introduced in March 2021, the PVID certification sets high cybersecurity standards for traditional finance, digital finance, trust services, and more. As defined by Europe’s Regulation on Electronic Identification and Trust Services (eIDAS Regulation), PVID certifies providers’ ability to offer remote identity verification.
The significance of this achievement bears repeating: it allows highly regulated banking or FinServ players to access a secure service offering that reduces the risk of identity fraud.
A Competitive Edge in the Digital Identity Proofing Market
As only the second private entity to acquire this coveted certification, IDnow is positioned at an advantage in the digital identity proofing market.
The company’s solutions enable banks to offer flexible and swift digital channels that enhance conversion rates through 100% remote identification —a process equivalent to face-to-face verification.
“Obtaining PVID certification is a source of great pride and validation for IDnow and a real recognition of our expertise in the digital identity market in France,” remarks Rayissa Armata, Senior Head of Regulatory Affairs at IDnow.
About IDnow
IDnow is a leading identity proofing platform provider with offices spread across Germany, United Kingdom, and France. Its vision—to make the connected world safer—is bolstered by its broad portfolio of identity verification solutions that range from automated to human-assisted from purely online to point-of-sale. All optimized for user conversion rates and security.
Backed by renowned institutional investors like Corsair Capital and Seventure Partners, it continues to chart new paths in remote identification technology.
Note: The information provided herein is for general information purposes only. It should not constitute any financial or investment advice. We advise you do your own research or consult a professional before making financial decisions.
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