What it means to be a certified MitID broker

The ZignSec Group invested early in becoming a MitID broker. ZignSec, as its certified entity backed by the group's strategic added values, constitutes an attractive MitID offering. Any company choosing ZignSec as their MitID broker also has access to additional SaaS solutions and can employ market-leading technology for worldwide identity and access management, KYC compliance, and more – all via a single API or user interface.

ZignSec - a certified MitID-broker with added value

As with traditional ID documents, an eID (electronic identity) is a set of verified attributes relating to its holder. Thus, an eID can be viewed as the digital equivalent of the physical forms of ID we use in the real world – but far more secure, user-friendly, and versatile. In 2010, NemID was introduced as part of Denmark's digitisation strategy, making it one of Europe's first electronic IDs (eID).  However, after a decade of use, updates became necessary. The result was MitID - a more resilient eID solution for Denmark's digital infrastructure.

As MitID replaces NemID, online service providers must integrate with their choice of MitID broker to maintain operations. The broker concept has been introduced to increase security in MitID and to make integration easier for service providers. MitID brokers are certified by the Danish Agency for Digitisation and must meet very high standards in security, business management, reporting, data processing, and support. Still, brokers must offer more than their certification to stand out, especially since their pricing differences are generally negligible. ZignSec’s aggregation model constitutes exactly such added value.

MitID as part of the Nordic eID landscape

ZignSec enables companies worldwide to integrate with the national eID systems of Sweden, Denmark, Norway, and Finland. In the Nordics, eID is a part of everyday life and used to access banking services, interact with government services, sign up or log in to other online services, electronically sign contracts and agreements, authenticate when logging in to make purchases, sign up for new services, interact with the government, manage healthcare services and prescriptions, and practically any other digital interaction that requires authentication.

As a result, the Nordic countries routinely top digital competitiveness lists, often outperforming far more prominent and resource-rich nations. For example, the eID coverage across Norway, Sweden, Denmark, and Finland sits at 80-90% of the population, and the number of transactions processed via eID is well into the billions. With ZignSec as their MitID broker, companies worldwide can boost their conversion of online consumers from Nordic countries by granting access to their platform or services using a personal national eID.

Going beyond MitID, with aggregation

ZignSec has long been a digital identity broker in other European countries and Asia. As a seasoned RegTech vendor, ZignSec brings added strategic value to the operations of international companies. Integrating with ZignSec as a MitID broker includes access to a global array of SaaS solutions for online identity verification, customer onboarding, due diligence, monitoring, and more - via the Portal or a single API. By using the same connection for all eID and KYC (Know Your Customer) solutions, ZignSec's clients avoid the hassle of searching for multiple RegTech providers and manage several service agreements to fulfil cross-border compliance. Instead, ZignSec offers a comprehensive selection of compliance products, allowing organisations to dynamically select the ones they need and scale up their SaaS use according to need.

This is a competitive advantage in the event of regulatory changes or when it comes to the expansion of operations across borders since ZignSec clients can quickly and easily optimise their compliance processes without needing complex development work to keep operations compliant with regulations. For ZignSec, this added value continuously attracts customers who need MitID and additional identification solutions or KYC tools to run their business efficiently and meet regulatory requirements in multiple markets and across jurisdictions, making MitID an ideal jumping-off point into ZignSec’s compliance product portfolio