The online platform for Identity Verification that gives back personal data ownership to the citizens

Project description

Innovation for consumers’ data management

The management of consumers’ data is a complex process. This is especially true for the financial sector, which must ensure accurate, verified and updated data in line with the Know Your Customer and Anti-Money Laundering regulations. This complexity results in heavy, costly and time consuming onboarding processes. The EU-funded VerifiedID project proposes an identity verification platform that allows consumers to complete onboarding processes for signing up to banks with only a few clicks. The innovation also provides control and transparency over the use of consumer data, allowing to grant access to the data and revoke it when data access is no longer required.

Fields of science

• natural sciences › computer and information sciences › internet
• natural sciences › computer and information sciences › computer security › data protection
• social sciences › economics and business › business and management › business models
• natural sciences › computer and information sciences › data science › data processing
• social sciences › law

Programme(s)

• H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs Main Programme
• H2020-EU.3. - PRIORITY 'Societal challenges
• H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies

Topic(s)

• EIC-SMEInst-2018-2020 - SME instrument

Call for proposal

H2020-EIC-SMEInst-2018-2020

See other projects for this call

Sub call

H2020-SMEInst-2018-2020-1

Funding Scheme

SME-1 - SME instrument phase 1

Coordinator

NEWBANKING APS

Net EU contribution

€ 50 000,00

Address

Applebys Plads 7
1411 Kobenhavn
Denmark

Region

Danmark › Hovedstaden › Byen København

Activity type

Private for-profit entities (excluding Higher or Secondary Education Establishments)

Links

Other funding

€ 21 429,00