Mobile identity verification technology provider InnoValor has been certified through a unique combination of security certificates for its NFC- based identity verification technology ReadID. As both customers and users of ReadID trust InnoValor with very security and privacy sensitive information, InnoValor has the responsibility to not only be secure, but also to prove that they are secure. InnoValor has therefore extended its baseline ISO27001 security with three additional certifications: ISO/IEC 27701 for Privacy Management, eIDAS module for Qualified Trust Service Providers (digital signatures), and eIDAS electronic identification (eID) at assurance level High.
Especially the latter two module certifications are unique: InnoValor is the first and the only technology provider in the identity document verification industry with a certified automated solution for qualified digital signatures and eID High. All certifications have been assessed by the well-known and accredited German/Austrian auditor TÜV.
Through their new eIDAS regulation compliancy, InnoValor can now offer customers an increased confidence in their ReadID services. It also eliminates a substantial part of the customers’ audit responsibility, saving cost and valuable time, while avoiding the risk of unexpected findings during the audit.
Both eIDAS certifications are not only relevant for trust service or electronic identity providers. Any organisation that is required to prove the identity of their end users, can now use ReadID in a proven secure and trustworthy manner. InnoValor’s eIDAS electronic identification module certification helps customers to comply with sector-specific identification and authentication requirements under legislations such as KYC, AML, and PSD2.
“In both banking and digital signatures, the cruciality of proof of security is increasingly more evident. Distinguishing between disrupting yet mature technologies, such as ReadID, and immature new technologies that can introduce important risks in vital processes is not that easy,” explains InnoValor Compliance Officer Bob Hulsebosch, CISSP. “Our module certifications prove that customers can rely on our identity verification technology as an important component in their solutions.”
“ReadID disrupts the remote identification industry, which still largely relies on OCR and video identification technologies,” ReadID CEO Maarten Wegdam adds. “Our new certification proves an unequalled trustworthiness of both our technology and ourselves as a company at the highest level of identity verification: qualified digital signatures and eIDAS eID High. This is a gamechanger for us and helps us scale out business further by reducing audit overhead.”
About ReadID and InnoValor
Originating from research at Dutch fintech company InnoValor, ReadID is the leading NFC-based mobile identity verification solution. It is rapidly adopted industries and application areas where fraud prevention is key, such as banking, e-government, border control, travel, and digital signing.
ReadID leverages what people already have: government-issued identity documents with contactless NFC chips and NFC-enabled smartphones. Reference customers include known banking institutions such as ING, Rabobank, Aion, Aegon; qualified trust service providers including the Estonian SK ID Solutions, Itsme from Belgium and Digidentity; and governmental organisations such as the Dutch police and the UK Government for the EU settlement scheme, the world’s most successful remote identity verification immigration programme.