Find the full Press Release here: M2020_PR_Zignsec_2017.
Swedish RegTech company ZignSec launches first multi-method Electronic ID solution in sixteen European countries to let online merchants know their customer’s real identity more easily and secure.
Copenhagen, Denmark, 2017 – 06 – 26. For more information about Money20/20 Europe, visit: http://www.money2020europe.com
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
ZignSec’s media contact:
Jonas Ingelström, CEO
+46 706 73 15 02
About Zignsec: ZignSec is a leader in regulatory technology solutions. Based in Solna, Sweden, and with customers in 27 countries, ZignSec provides verification and authentication capabilities for banks, financial institutes and merchants to know their customers seamlessly and in real-time. www.zignsec.com
About Money20/20: Founded in 2011 and acquired by Ascential plc in 2014, Money20/20 creates destination events where the most innovative people in payments, FinTech and the broader financial services industry connect. Famed for their high-impact networking, the Las Vegas (October) and Copenhagen (June) editions are widely considered unmissable by the industry they serve. The new Asian edition will debut in Singapore in March 2018. Money20/20 is the space where the industry’s smartest visionaries and innovators come together to create the future of money. Money20/20 is an Ascential event. www.money2020.com