21 March 2023

NatWest signs deal with OneID

Written By FinTech Alliance

NatWest signs deal with OneID

This will make new digital ID service available to businesses

IN BREIF:

- After signing the deal, Natwest’s Customer Attribute Sharing service will be available to businesses as an embedded digital ID solution

-The service will be available across a wide range of uses including e-document signing and digital onboarding

- In the coming months, NatWest will bring its Customer Attribute Sharing service to a wider range of use cases such as e-commerce

What does this mean?

Claire Melling, Head of Bank of APIs at NatWest Group, commented: “We recognise that our customers are spending more time on digital platforms and so we’re focusing on embedding our services in our customers’ daily lives. Moreover, as a trusted institution, we have a key role to play in the emerging concept of digital identity. Our new Customer Attribute Sharing service will provide our customers with a safe, secure and convenient way to verify their identity online, while enabling businesses to speed up and streamline customers’ online experiences. We’re excited that, through our collaboration with OneID, businesses and consumers are now experiencing the benefits of this service.”

Read more here.

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