Market coverage
- Global
Legally compliant: The video identification is compliant with highest regulatory standards (BaFin, TKG) and the German Money Laundering Law (GwG) and so enables the verification of users with a very high safety standard.
Strong conversion: The product allows for a process that is completed entirely online.
Cross-industry: No matter which industry, WebID’s solution is applicable.
User-friendly: WebID Video Ident is easy to use and works on all web-enabled devices.
Data protection: We at WebID care deeply about data protection and privacy. WebID Video Ident fulfils all relevant legal requirements.
- Overview
- Applications
- Endpoints
With Video Ident by WebID a safe identification via video call, which is compliant with the German Money Laundering Law (GwG), can be produced.
WebID Video Ident is available in three different product models:
- WebID Ident as a service
- WebID Dedicated Team
- WebID Ident License
With WebID Video Ident, customers can identify themselves in three easy steps. The process begins on the website of the provider, such as the bank, carsharing provider, insurance company amongst others.
- The user is directed to WebID during the checkout process of the provider.
- They begin the video call and connect to a WebID agent in the company’s high-security Video Service Center, where certified and trained video agents complete the identifications.
- If the identification is successful, the user receives a TAN, which completes the process. If fraud is suspected, the agent rejects the user and informs the provider.
Different options for integration are possible, depending on the technical environment and specific processes involved.
About the provider
WebID Solutions GmbH is one of the largest companies and innovators in the areas of digital identities (True Identity), online signature processes in conformity with the law and identification products in Europe. The company was founded in 2012. Due to its invention, WebID is a pioneer in the segment of video identification in conformity with the German Money Laundering Act (Geldwäschegesetz). The company offers its customers tailor-made solutions for online legitimisation – from age verification to video identification and online contracts.
The company is the inventor of the video identification (according to the first approval of the Bundesministerium der Finanzen (BMF), the German ministry of finance, worldwide, and based on the BaFin circular 1/2014 (GW) III. and 3/2017 (GW)) and is holder of numerous patents for legally compliant online identification products using a video call. Until today, WebID has verified more than 150 million data fields of users and identified them. WebID has around 680 employees – 600 of which verify over 10.000 users a day on 365 days of the year.
WebID products fulfil high safety standards and are in conformity with legal requirements. The global company is currently expanding into the USA and India. Some clients include: ABN AMRO (moneyou), Allianz, AMAG, Barclaycard, BAWAG-Group, BNP Paribas, Check24, Deutsche Bank, DKB, ING, MMOGA, Postbank, Santander, Sparda-Banken, Swisscom, Targobank, Trade Republic, Vodafone and many more.