Hands on modernizing onboarding and trust processes

Last week Credenco was present in Cologne for the WE BUILD Consortium workshop hosted by Bundesanzeiger Verlag GmbH, an important step in aligning how Business Wallets and the EUDI Wallet will modernize onboarding and trust processes across Europe.

Use case KYS, KYC, KYB and due diligence

Led by Bundesanzeiger Verlag GmbH and Orange Business, with Credenco contributing as part of the consortium, BU1 focuses on improving how organizations verify identities, businesses and compliance information.

Meeting on-site during this LSP phase added real value. It strengthens collaboration, accelerates technical decision-making and ensures a shared, concrete view of the work ahead. These kind of collaborations make complex challenges like eIDAS 2.0, AMLR, and interoperable digital identity achievable.

A pivotal moment for digital identity and compliance

With eIDAS 2.0 and the upcoming AMLR, Europe is transitioning away from manual, document-heavy workflows.

KYC, KYB and due-diligence processes are evolving into more secure, interoperable and efficient interactions, enabling organizations to exchange verified data with greater confidence and reduced operational effort.