Secure, quick and easy banking transactions with the online ID card

Since the introduction of online banking, it has been possible to check your account status or make transfers conveniently from home or on the move. However, it has not yet been possible to carry out all banking transactions online. The focus here is on the word "was", because: With the online ID card, citizens can carry out their banking transactions securely, quickly and easily. The digital legitimation check takes place in real time and the often error-prone manual entry of data is no longer necessary, as the data is automatically transferred to the form to be completed after identification. Digital proof of identity for banks and savings banks, e.g. when opening an account, is easier than you might think: citizens can install the federal government'sAusweisApp on their smartphone, hold their ID card up to the device, enter their PIN and that's it. The online ID card has been around for many years and already solves identification problems at the highest level of security. Especially for sensitive and critical data, such as account movements and balances, the need for the highest level of security is essential. This minimizes the risk of fraud and forged bank accounts.

Advantages of the online ID card

As mentioned above, every business relationship between banks or savings banks and customers begins with an identity check. The Money Laundering Act (GwG) states that customer due diligence begins with the identification of customers. This can take place digitally via the online ID function or on-site at the branch - both with the help of the data stored in the chip of the ID card.

Does a document require a signature? That's no problem either, as electronic signatures are legally valid, the effort is also less for both parties. For example, applications can be signed online. Identification with the online ID card is less cost-intensive and less prone to abortion than the video ID procedure, for example. The eID procedure is also much more secure; gematik has banned this procedure for the healthcare sector, for example.

Good to know: Digital account opening is also possible with an electronic residence permit and EU citizen cards.

eID solution from Governikus

Banks and savings banks already have the option of integrating the eID solution from Governikus into their infrastructure. This can be done either on premise, as an eID service or via AusweisIDent.

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