Online identification for all your products & services
Financial Ident Verification by Qwist
Financial Ident Verification allows customers to seamlessly verify account ownership through real-time access to an end user’s bank account, ensuring swift and secure customer onboarding.
Recognize your counterpart
Seamlessly verify account ownership
The digitalization of our everyday lives increases anonymity: difficulty in verifying customer information poses security risks and hampers end-user experience by relying on traditional methods, that are time-consuming and prone to errors.
Smoother onboarding for customers
With real-time access to bank account data, our solution offers seamless verification and unparalleled peace of mind. Get ready for smoother onboarding, enhanced end-user trust, and accelerated business growth. Please note that Financial Ident Verification cannot be used solely for AML compliant KYC identifications.
Increased conversion
Increase conversions by offering a streamlined onboarding process, reducing time and effort.
Reduced fraud
Avoid cases of fraud by securely retrieving and verifying data from end-users’ real bank accounts.
Improved UX
Improved end-user experience with a fast, reliable, and hassle-free verification flow.
How the Financial Ident Verification works
Easily cross-checking financial information
The Financial Ident Verification service enables you to easily cross-check the end-user name in your systems with the account holder name that they registered with their bank. This ensures that the person on your application has indeed entered the correct name. Additionally, you can also use the Account Verification service to check if the IBAN provided by the end-user is actually held in their name, preventing fraud.
The Financial Ident Verification product exposes four Tiers of Affinity, indicating how precisely the provided and fetched name match – these are: Very High, High, Medium, Low.
Financial Ident Verification
Tech Documentation
Dive deeper and find more information in our API documentation.
- Overview
- How it works
- Prerequisites
Demo Financial Ident Verification
Want to learn what the process and user flow will look like? Get in touch!
Existing customer requests
We kindly ask our existing customers to use the Zendesk Support Portal, which you received during your onboarding, if you have support queries or need to talk to us. Thank you very much!