NFC Requirements Are Coming Soon to Austria. Are You Ready?
As of January 1, 2023
Regulatory requirements for digital KYC state that identification verification will be valid only via NFC data extraction. This is coupled with a short liveness check for biometric comparison which results in an approval or decline. Why is this important for you?
Gone are the days of cumbersome and expensive video interviews. Become frictionless!
Significantly reduce the fraud associated with a scanned or photographed document. Instead rely on government issued information!
Ease of use for customer onboarding…have an approved identity in under a minute!
Integration can be done in hours versus days/weeks. Cost of change is no longer a barrier!
Have peace of mind knowing that your identity verification is backed by a CA from the issuing police authority.
Get started today future proofing your KYC process in Austria by signing up for a free consultation from Svipe. We’re looking forward to hearing from you.