What are eIDs, how did they get here, and what do they do?

Jarek Sygitowicz


eIDs are becoming more prevalent as businesses not only look to comply with mandates such as eIDAS 2.0, but to enhance security around identity verification. However, many still have questions. Jarek Sygitowicz, our Co-founder and Chief Strategy Officer, sat down to address some of the broader questions in the latest edition of FinanceX Magazine.
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Remember that you give up things when you use e-IDs in your KYC/KYB process.
Things like blurry photos, manual work, low conversion rates, fake IDs and countless fraudsters.
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