Author: Brian Rodriguez
-
The European Union’s Digital Identity Wallet will transform banking KYC & AML processes
Regulation (EU) 2024/1183 (eIDAS 2), which entered into force on 20 May 2024, introduces EU Digital Identity Wallets (EUDI Wallets), which will be digital wallets in the form of mobile apps, which will allow citizens to identify themselves, contract, sign, and digitally store and manage electronic declarations of attributes. Here we tell you the keys…