At this year’s Identity Week in Amsterdam, the atmosphere was buzzing with one clear message: the era of digital identity is moving from theory to practice. The European Digital Identity Wallet (EUDIW), the upcoming AML Regulation (AMLR), and the increasing use of AI in onboarding and identity verification have shifted conversations from compliance obligations to business transformation.
Namirial was proud to be at the heart of this transformation, hosting and contributing to multiple sessions that brought together leading voices from finance, technology, and regulatory domains.
Highlights from Namirial’s Participation:
- Fully booked roundtable: “From Promise to Practice: Turning Wallets and Identity Proofing into Business Value”showcased the urgency and interest across industries in converting regulatory requirements into concrete competitive advantages. The discussion highlighted the ongoing challenge for regulated entities: transforming what begins as a legal obligation into a driver of operational efficiency, customer trust, and new business opportunities.
- Panel discussion: In “Identity and KYC: Enhancing bank security and compliance in the age of fintechs”, Matteo Panfilo joined Claudia Colijn (ABN AMRO) and Navjeet Grewal (Interac) to explore how financial services can navigate the dual pressures of compliance and user experience. The discussion, moderated by Robert Kotlarz, opened with panelists sharing relevant career highlights before addressing the major challenges emerging in KYC as identity verification moves online. The panel covered the increasing threat of deepfakes and scalable fraud, the limitations of first-generation onboarding tools, and the pressing need for interoperable and secure identity solutions. Matteo contributed insights on the role of the EU Digital Identity Wallet (EUDIW) as a foundational element in future-proof KYC, and highlighted the steps the industry must take—including broader collaboration, improved orchestration, and integration of trust frameworks—to enable wallets to become reliable tools for identity assurance across diverse digital ecosystems. The session concluded with each panelist summarizing key priorities: user-centric design, secure and scalable innovation, and enhanced cooperation between public and private actors.
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Expert seminar: Our session on “European Digital Identity Wallet and Anti-Money Laundering Regulation”attracted strong interest from banking, utilities, and telecom sectors, keen to explore how trust services can simplify and secure digital onboarding. This session was designed for professionals tasked with integrating digital identity and identification verification solutions in regulated industries—particularly to meet obligations under EU Regulation 2024/1624 (AMLR) for preventing money laundering and terrorism financing. In addition to reducing fraud and onboarding drop-offs, the discussion provided a reality check on the state of play and the evolution of the European Digital Identity Framework. We also shared results from Large Scale Pilots of EUDI Wallet prototypes and explored key questions including:
– Will the European Digital Identity Wallet (EUDIW) really make a difference?
– How Electronic Attributes may accelerate onboarding and enable new use cases
– A realistic timeline for identity proofing across KYC/KYB with eIDs, wallets, and remote verification
– How AMLR will reshape the landscape from 2026 onwards
– Best practices to harmonize simplicity and compliance by 2025 and beyond.
- Engaging conversations at our stand: Throughout the event, our team had the opportunity to connect with numerous clients and partners, showcasing Namirial’s latest solutions in Onboarding and the Namirial Wallet Platform—including core components such as the Wallet Gateway to integrate multiple wallets as recently successvilly publicly demonstrated in the interoperability tests, Wallet Studio for attributes issuing and verification, Qualified Signature integration with Namirial Sign suite, Payment/SCA piloting integrations.
10 Key Takeaways from Identity Week Europe 2025:
- Process Orchestration is Crucial: As the number of identity schemes and onboarding channels grows, the need for orchestrated identity journeys is critical. Flexibility, modularity, and interoperability will define winners in this space.
- GenAI is Both Risk and Opportunity: Generative AI introduces powerful tools for onboarding and personalization but also opens new fraud vectors. Next-gen identity proofing must integrate real-time fraud detection such as PAD (Presentation Attack Detection) and IAD (Injection Attack Detection).
- The Wallet is Coming, But Fragmentation is Here: Over 35 notified eID schemes coexist with numerous national and private wallets already in use. Orchestration and federation across existing schemes and new wallets will be one of the greatest challenges.
- Citizen-Centric Identity is the Foundation: At the core of the EUDIW is the principle of empowering individuals. Governments and businesses will only succeed if users can easily and securely manage and share their identity data.
- Public-Private Collaboration is Essential: The consensus is clear—public frameworks provide trust and governance, while private providers deliver innovation, scale, and integration. Balanced hybrid models are key to successful wallet rollouts.
- Cross-Border Interoperability Remains a Bottleneck: Technical standards, legal frameworks, and user expectations vary across countries. Enabling seamless trust and identity exchanges across borders is a top priority.
- Business Models Need Clarification: Wallets must be free for users, but the financial burden of development, certification, and integration remains a puzzle. Clear business incentives are needed to engage private actors sustainably.
- The Role of Identity in Payments Is Expanding: Identity wallets are evolving into critical enablers for payments, especially under the EU’s Strong Customer Authentication (SCA) rules. Payment and identity ecosystems are converging.
- Use Cases Must Be Tangible and Frequent: Broad adoption hinges on everyday use cases. From SIM card activation to banking KYC, the wallet must embed itself in high-frequency interactions to gain traction.
- Namirial Is Ready for the Long Race: Our vision and portfolio—covering remote identification, trust services, qualified e-signatures, and identity orchestration—are already meeting real market demand. Our conversations at Identity Week confirmed it: we are on the right track.
At Namirial, we believe that identity is not just a regulatory requirement—it’s a cornerstone of user trust and business growth. We’re committed to enabling a future where secure, seamless, and interoperable identity ecosystems unlock value for every stakeholder.
Looking forward to continuing the conversation—and the innovation—in the months ahead.