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Private Banking · eID · FINMA-supervised

One integration. Every European eID.

How a Swiss private bank connected to all 27 EU Digital Identity Wallets — and the Swiss eID — through a single API, eliminating CHF 1.2M in projected integration costs and cutting private-client onboarding from 11 days to 4 hours.

27+
EU countries · single integration
4 hrs
Onboarding — was 11 days
CHF 1.2M
Integration cost avoided
eIDAS High
Highest assurance level
InstitutionHelvetica Private Bank AG (illustrative)
SectorSwiss private banking · wealth management
AUMCHF 8.4 billion
Client base62% international — EU & cross-border HNWI

The challenge

eIDAS 2.0 requires all 27 EU states to issue citizens a European Digital Identity Wallet (EUDIW) by 2026 — credentials carrying eIDAS High assurance, cryptographically signed by national governments. For a private bank where 62% of clients are EU nationals, accepting them is a major opportunity.

The problem: each member state runs its own wallet, trust anchor, and credential format. Accepting all 27 meant 27 separate integrations — estimated at CHF 1.2M to build and CHF 180k/year to maintain. Meanwhile, the legacy onboarding took 11 business days, with a 28% document-rejection rate and prospects lost to faster rivals abroad.

The VerfiX solution

VerfiX Gateway is a single REST integration that accepts EUDIW credentials from all 27 EU states plus the Swiss eID. It validates each credential against the national trust anchor, verifies the signature chain and revocation status, runs AML screening in parallel, and returns one normalised identity result — regardless of issuing country.

1
Select & present

Client picks their country and opens their national EUDIW app via QR / deep link.

2
Selective disclosure

The wallet shares only requested attributes, signed by the issuing authority.

3
Gateway validates

VerfiX checks the trust anchor, signature, validity and revocation on the credential.

4
AML in parallel

SECO · UN · EU · OFAC · HM Treasury · PEP screening runs simultaneously.

5
Structured result

One identity record + Trust Score + cryptographic audit trail returned to the bank.

For physical ePassports, an optional NFC chip read validates the government's digital signature via the ICAO Public Key Directory — elevating assurance to eIDAS High + biometric confirmation.

"We evaluated four solutions for EU eID acceptance. VerfiX was the only provider offering genuine coverage of all 27 member states through a single integration — live today, not a promise. Building that ourselves was never realistic. VerfiX made it a three-day project."— Chief Technology Officer, Helvetica Private Bank AG (illustrative)

Results — six months after go-live

2,847
EU clients verified
4 hrs
Avg onboarding (was 11 days)
94%
Auto-approval rate
0
Compliance deficiencies (FINMA)
MetricBeforeAfter VerfiX Gateway
Avg EU client onboarding11 business days4 hours
AML screening time45–90 min (manual)< 3 seconds (automated)
Document rejection rate28%< 1% (guided capture)
Identity assuranceScanned document copyeIDAS High (cryptographic)
Cost per verified clientCHF 340CHF 28

Bring single-integration eID to your bank

One API. All of Europe. The highest assurance available.

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