Therefore, identify verification without physical contact as well as the integration of online signatures for contract execution is currently a significantly increasing trend in the DACH region. Thanks to the cooperation of CRIF with the German company WebID Solutions GmbH on the Austrian, Swiss and soon to follow German market, this modern digital solution is now available for our clients.
WebID Solutions GmbH is a leading global provider of legally-compliant online products for contract execution and identification, as well as a global pioneer in the Face2Face online identification segment, compliant with the Money Laundering Act. Now companies as well as their customers are able to perform business transactions easily, securely, and paperlessly by means of video conference and online signatures. This brings a number of advantages not only for customers, but also for companies, such as increased process efficiency and a reduction in internal costs. Moreover, fraud and misuse can also be prevented by faster and more reliable authentication. The WebID identification process is officially patented and meets the highest technical security standards.
Identification and signatures, independent of time and place, via video chat
Video conferences for personal identification are already officially recognized by the regulators in some European countries and are therefore increasingly used by companies. In Germany, along with leading banks, credit card companies and insurance companies, other sectors also use the modern, location-independent and uncomplicated solution from WebID Solutions. Credit applications, for example, can be submitted, assessed, granted and completed within a few minutes using this new technology. Identification is independent of time and place, and is made via smartphone, tablet or another web-compatible device with webcam. After the customer has entered his/her personal data into an input screen there will be a video chat with a staff member of WebID Solutions. During the ID check, the customer will hold his/her identity card towards the camera and enter, among other information, the serial number of the ID document. The customer will receive a transaction number (TAN) which needs to be entered into the transaction screen to confirm the identity check. Video authorization can be completed in just three to five minutes and data security is ensured by encryption methods.
What’s more, contracts can now be signed online thanks to the Qualified Electronic Signature (QES) launched by WebID Solutions. As market leader in the field of contract execution using QES, the WebID Solutions’ system is among the most reliable, simple and secure methods for the online execution of contracts without changing the media format.
Identification and signatures, independent of time and place, via video chat
Video conferences for personal identification are already officially recognized by the regulators in some European countries and are therefore increasingly used by companies. In Germany, along with leading banks, credit card companies and insurance companies, other sectors also use the modern, location-independent and uncomplicated solution from WebID Solutions. Credit applications, for example, can be submitted, assessed, granted and completed within a few minutes using this new technology. Identification is independent of time and place, and is made via smartphone, tablet or another web-compatible device with webcam. After the customer has entered his/her personal data into an input screen there will be a video chat with a staff member of WebID Solutions. During the ID check, the customer will hold his/her identity card towards the camera and enter, among other information, the serial number of the ID document. The customer will receive a transaction number (TAN) which needs to be entered into the transaction screen to confirm the identity check. Video authorization can be completed in just three to five minutes and data security is ensured by encryption methods.
What’s more, contracts can now be signed online thanks to the Qualified Electronic Signature (QES) launched by WebID Solutions. As market leader in the field of contract execution using QES, the WebID Solutions’ system is among the most reliable, simple and secure methods for the online execution of contracts without changing the media format.
Success Stories
In Austria the service is already live with BAWAG, Paybox and Österreichische Post (Austrian Post). Other business cases are Deutsche Bank for account opening, Barclay Card for Credit Cards, Vodafone for SIM Cards, Mercedes for the Connected Car, West Lotto for the Gambling Industry and Allianz for Secure Customer Login.
In Austria the service is already live with BAWAG, Paybox and Österreichische Post (Austrian Post). Other business cases are Deutsche Bank for account opening, Barclay Card for Credit Cards, Vodafone for SIM Cards, Mercedes for the Connected Car, West Lotto for the Gambling Industry and Allianz for Secure Customer Login.
