Darmstadt/Frankfurt, March 9th, 2020 - The eID service from AUTHADA is now available to VisualVest customers for digital identification. Thanks to the integration, new VisualVest customers can digitally identify themselves with AUTHADA within seconds when opening a securities account. AUTHADA is a portfolio company of Frankfurt-based FinLab AG (ISIN: DE0001218063; Ticker: A7A.GR). The integration of AUTHADA's eID service into VisualVest's onboarding process enables new customers to digitally identify themselves within seconds. New investors answer several questions about liquidity, risk appetite and experience specifically with investment funds via the digital asset manager's online platform. Based on the individual preferences of each investor, VisualVest recommends a tailored investment strategy. Before a new securities account is opened, each new investor must identify himself. At this stage in the onboarding process, VisualVest now relies on AUTHADA's solution: New customers are guided through the digital identification process in a few simple steps via AUTHADA's identification portal Connect. In the end, each user can be identified within seconds via app, electronic identity card and a corresponding PIN. VisualVest was founded in 2015 as a wholly owned subsidiary of the Union Investment Group and thus combines the financial expertise of one of the leading investment companies in Germany with the flexibility and speed of a FinTech start-up. The integration of the eID solution from AUTHADA is therefore a logical further development for the digital asset manager. With the app integration of the digital identification solution, VisualVest offers its customers the fastest and safest way to identify themselves while opening a securities account. As a Robo Advisor - that is, as a digital asset manager - VisualVest takes advantage of the fact that there is a wealth of tasks related to financial consulting and asset management today that can be automated with intelligent software. Ultimately, all interactions with the customer are online and entirely digital. "With the AUTHADA-App nothing stands in the way of an even easier opening of a portfolio", Marco Zohren, Head of IT at VisualVest GmbH is convinced. "We are very happy that we can now offer our customers another identification option in addition to the Video-Ident process. This suits us and our target group, who want to manage their investments digitally and easily. With the AUTHADA app, all data from the electronic identity card is automatically transferred - which significantly speeds up the authentication process". Andreas Plies, CEO and co-founder of AUTHADA, adds, "the integration of our solution at a digital asset manager like VisualVest confirms that our fully digital identification solutions represent the future. Onboarding processes have to take place without disruption, within seconds and securely - AUTHADA meets all of these requirements". The identification solution from AUTHADA meets all requirements of the Anti-Money Laundering Act (AMLA), the German Banking Act (KWG) and the Federal Office of Administration (BVA). The AUTHADA solution also guarantees the highest level of security and is certified by the German Federal Office for Information Security (BSI). About AUTHADA GmbH:
End of Media Release Issuer: FinLab AG Key word(s): Finance
09.03.2020 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | FinLab AG |
Grüneburgweg 18 | |
60322 Frankfurt/Main | |
Germany | |
Phone: | +49 (0)69 719 12 80 - 0 |
Fax: | +49 (0)69 719 12 80 - 011 |
E-mail: | investore-relations@finlab.de |
Internet: | www.finlab.de |
ISIN: | DE0001218063 |
WKN: | 121806 |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Stuttgart, Tradegate Exchange |
EQS News ID: | 992335 |
End of News | DGAP Media |