Banks can help reduce online fraud (such as identity fraud) because they provide certainty about the real identity of customers. They can identify themselves at other organisations via their own bank. Banks can offer this certainty of identity because every customer of the bank has already provided the necessary proof of identity when opening a bank account. In addition, banks have more than 20 years of experience with reliable login methods with which their customers can authenticate their identity online in a secure manner.
- eIDAS (Substantial)
- Compliant with the Money Laundering and Terrorist Financing (Prevention) Act
- External review by a specialised privacy agency with a positive result
- Compliance with the General Data Protection Regulation (GDPR)
- iDIN Rules & Regulations set up by the Scheme
More information can be found on the ‘Regulations and Compliance’ page (in Dutch).