IDENTYUM Financial Agent

The problem your project solves

Due to COVID-19 crisis people are at risk when they live their homes. So possibility to identify themselves and to present their financial capacity remotely together with eSigning would enable them to get service fast without living home. At the same time companies and organisation will have a tool for quick onboarding of their customer fully compliant with AML, GDPR, eIDAS and PSD2 regulation

The solution

One side is asking information about person asking for service, and that person share under their explicit consent their identity (personal information), verified from several sources and bank transaction data (PSD2). Asking side can be confident that source of data is valid, and person has control which data are shared with asking side. Beside basic personal identity data, verified through several sources, a person can create its financial capacity score utilizing Open banking and PDS2 API to collect his transactions from bank. Also it can connect eIDAS cloud digital certificate issued from Trusted Authority to his profile so he can legally valid sign any document remotely. Complete platform has service oriented architecture )using Java Springboot, VueJS, HTML5, Kafka, Redis, Postgresql) which enables modularization and customization for different usage scenarios and building Identity strength. "Security-by-design" concept is integrated into development from day one to ensure that highest security standards are implemented into design

What you have done during the weekend

Preparing presentation and pitch

The solution’s impact to the crisis

It allows people to collect and share personal and financial data about themselves online and remotely so they would get easier access to financial services they need. During whole process personal data security and privacy is at focus.

The necessities in order to continue the project

We need additional resources to speed up development process and finish low level integration with CA Trusted Authority.

The value of your solution(s) after the crisis

This is a unique and complex platform,but in same time very adaptive to different cases when personal data sharing and KYC is needed. Although focus of project is on financial industry platform can be used in telecommunication industries, travel and tourism, event management, rentals, and for non business person to person communication.