{"id":5331,"date":"2021-03-23T10:54:54","date_gmt":"2021-03-23T09:54:54","guid":{"rendered":"https:\/\/www.logalty.com\/blog\/2021\/03\/23\/eidas-caso-de-uso-sector-financiero\/"},"modified":"2021-04-05T09:51:52","modified_gmt":"2021-04-05T07:51:52","slug":"eidas-use-case-in-the-financial-sector","status":"publish","type":"post","link":"https:\/\/www.logalty.com\/en\/blog\/2021\/03\/23\/eidas-use-case-in-the-financial-sector\/","title":{"rendered":"eIDAS in Action. Use case in the financial sector"},"content":{"rendered":"

To meet these needs and the obligations of regulatory compliance and probative effectiveness, the EU-wide eIDAS Regulation came into force.<\/strong><\/h3>\n

What is the eIDAS?<\/strong><\/p>\n

eIDAS<\/strong> <\/a>is an acronym for Electronic IDentification (eID) and Authentication and trust Services (AS).\u00a0 The eIDAS Regulation<\/strong><\/a>\u00a0provides a single framework to ensure that the electronic interactions between companies, citizens and public administrations are more secure and efficient, which facilitates the provision of business services throughout the EU.<\/p>\n

Logalty has been a Qualified Trust Service Provider since July 2018 and it has provided services with which to identify clients in accordance with the KYC guidelines on money laundering.<\/p>\n

What does the eIDAS bring to the financial sector?<\/strong><\/p>\n

The financial services sector is one of the greatest potential beneficiaries of electronic identification and trust services, as they facilitate significant business opportunities and improve services among different EU countries.<\/p>\n