Wirecard sells communication services arm to German start-up IDnow
IDnow will keep the majority of the arm’s 150 employees.
IDnow will keep the majority of the arm’s 150 employees.
Customers include Commerzbank, solarisBank, N26, and UniCredit.
Verification firm plans to use fresh cash to open new locations.
Austria’s Erste Bank und Sparkassen can now verify new customers’ IDs via video. The functionality has been developed with specialist provider IDnow and introduced just a few weeks following the approval by the country’s Financial Market Authority (FMA).