For example, iDIN is accepted as a form of eIDV in the Netherlands. Unfortunately, the UK does not have the same level of eID maturity that exists in some other countries, particularly the Nordics. There is no legislation stating that data through open banking (or AIS) can be used solely for identification verification purposes today.
The data we obtain is sourced from a user’s bank account. Banks are AML-obligated entities which are required to perform checks on their users regularly such as identifying and verifying the individual and maintaining up-to-date records. At present, this on its own would not be enough to verify the identity of a UK user.
AML-obliged entities in the UK would need to verify the data we send them through their own resources, such as electronic identity verification which uses publicly available data and private databases such as electoral roll data or alternatively, obtain proof of identity/address documentation(depending on their internal procedures).
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