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Banks spend considerable effort segmenting customers for products, communications, and risk. A mortgage customer is treated differently from a primary current account holder. A corporate treasurer has different needs from a retail savings customer. Yet when it comes to authentication, many banks still design around a single primary approach: mobile-first authentication.
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The European Digital Identity Wallet is expected to become an important part of the EU digital identity ecosystem over the coming years. As the eIDAS 2.0 framework evolves, banks and other regulated institutions are preparing for wallet-based identity, authentication, and credential exchange across digital services.
Some of today’s tech giants have already made the move toward implementing authentication via passkeys. Here’s why banks and fintech companies should do the same — plus, how Wultra’s solutions can help.
In response to the adoption of digital banking and an increase in generative AI-based attacks, iProov and Wultra have created a secure digital onboarding solution to meet the needs of modern banks and financial services providers.
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The EU Digital Identity Wallet (EUDI Wallet) is set to transform how banks, fintech companies, and regulated businesses verify customer identities, authenticate users, onboard new clients, and enable secure digital transactions across the European Union.
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We equip banks and fintech companies with a seamless, quantum-resistant digital identity solutions.
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