Starting in 2027, financial institutions in the EU must accept the EUDI Wallet as a channel of identification. At the same time, the wallet offers the opportunity to fundamentally improve KYC processes: Verified, machine-readable identity attributes, corporate authorizations, and cryptographically secured documents replace manual checks, redundant identification steps, and costly re-KYC processes. As a central process platform, Agree&Sign is fully integrated into the EUDI Wallet ecosystem—both for individuals via the EUDI Wallet and for businesses via the future EU Business Wallet. The platform orchestrates the entire process, from wallet-based initial identification through automated data transfer to event-triggered data updates for existing customers. This can reduce costs per KYC case by up to 70%.
Integrate the EUDI Wallet as an identification channel
Agree&Sign integrates the EUDI Wallet as a fully-fledged identification channel alongside VideoIdent, eID, and Post-Ident. Customers can transmit their verified identity documents directly to the financial institution via the wallet, based on their consent—valid throughout the EU, secure, and without any disruption in the process.
Import Verified Attributes in a Machine-Readable Format
Identity attributes, role-based permissions, corporate documentation, and powers of attorney are received as cryptographically secured, machine-readable credentials. Agree&Sign automatically imports the data and validates it against KYC requirements without the need for manual data entry.
Pre-fill the onboarding journey with wallet data
Attributes already imported from the EUDI Wallet automatically populate the onboarding process. The customer only needs to fill in the information that’s actually missing, which reduces abandonment rates and significantly shortens the onboarding time.
Conduct KYC and KYB checks based on verified credentials
Since wallet credentials are issued by government-authorized providers, many manual validation checks are no longer necessary. Agree&Sign uses the verified attributes directly for identity verification, UBO identification, and compliance checks. This ensures higher data quality and reduces the need for follow-up verification.
Automate Re-KYC and Data Updates Through the Wallet
Existing customers can re-authorize their wallet credentials on a consent-based basis as part of periodic reviews or event-driven updates. Agree&Sign triggers event-based re-KYC processes and avoids complete re-onboarding by selectively approving attributes.
Ensure audit-compliant documentation and an audit trail
Cryptographically secured credentials, qualified timestamps, and the complete consent history are documented in Agree&Sign in an audit-proof manner. This provides the financial institution with audit-ready evidence of all EUDI Wallet-based KYC steps—in compliance with eIDAS 2.0 and GwG.
The eIDAS 2.0 Regulation requires all EU member states to provide at least one version of the EUDI Wallet by 2027 and to ensure its mandatory acceptance for regulated services—including financial services. Financial institutions are required to prepare their KYC processes now for wallet integration. Agree&Sign enables this with a market-ready approach that already offers fully functional EUDI Wallet capabilities today and can be scaled for future expansion phases, including the EU Business Wallet.
