Business account onboarding without the paperwork
A Business Wallet demo of reusable, verified credentials for KYB
Opening a business bank account with no forms, no scans, no paperwork. In this demo, Klaas sets up his company's Business Wallet and shares verified credentials straight from the source.
Opening a business bank account with no forms, no scans, no paperwork. How?
In this demo, Klaas (owner of Apex Logistics) sets up his company's digital wallet in just a few minutes. No folders full of documents, no manually retyping registration numbers. He collects verified credentials, his Organisation's Identity, Chamber of Commerce data, and Tax Registration, straight from the source, and then shares exactly what's needed. Nothing more, nothing less.
When he later applies for a business account, his company name, VAT number, and ultimate beneficial owners are already proven. The bank no longer needs to re-check what a trusted issuer has already confirmed.
This is where eIDAS 2.0 and Europe's wallet infrastructure are heading: identity is shifting from organisations requesting the same paperwork over and over to reusable, verified data that the user controls and shares themselves. For KYB, onboarding, and compliance, that means less friction, less fraud, and significantly lower costs.
The future of organisational identity belongs to you and it fits in a Business Wallet.
Want to know more?
Curious about how this applies to your organisation, or want to talk to us about a specific use case? Get in touch — we're happy to help.