---
title: "Financial services · iDen2"
description: "Verify a customer once. Accept that verification anywhere. Let AI agents transact with bounded, revocable authority. Compliance evidence as signatures, not PDFs."
last_updated: 2026-10-10
canonical: https://www.iden2.com/use-cases/financial-services
---

Financial services

# Reusable KYC and agent-safe payments.

Verify a customer once. Accept that verification anywhere. Let AI agents transact with bounded, revocable authority. Compliance evidence as signatures, not PDFs.

[See the platform](https://www.iden2.com/platform/phenix)

Standard Bank · KYC

Verified customer

Verified

Subject

Acme Trading Ltd

LEI

5493001KJTIIGC8Y1R12

Jurisdiction

NL

AML tier

Enhanced

UBO check

••••••

Signed · SD-JWT VCdid:web:iden2

In practice

## See the credential in this industry.

Industry problem

## Every institution repeats the same verification the customer already passed.

KYC is duplicated across every account, product, and jurisdiction. Corporate onboarding runs into weeks. Agent-driven transactions have no accountable root.

* $500B+ spent annually on repeated KYC and AML processes.
* Synthetic identity fraud is the fastest-growing source of new-account losses.
* Agentic payments today rely on shared API keys, not signed authority.

iDen2 solution

## Portable KYC, verified counterparties, mandated agents.

Verified attributes travel with the customer. Institutions accept issuer signatures instead of re-running diligence. Payment agents present a signed mandate at transaction time.

* Reusable KYC across account opening, credit, brokerage, custody.
* Verified LEI and beneficial ownership for corporate flows.
* Signed agent mandates with scope, spend cap, expiry, and revocation.
* Full audit trail signed at every step.

Real use cases

## How reusable financial trust is used.

Reusable KYC

One bank verification accepted across brokerage, custody, and merchant onboarding.

Corporate onboarding

LEI and beneficial-ownership credentials cut onboarding from weeks to hours.

Agentic payments

AI treasury agents transact under signed, bounded mandates.

Account opening

A customer presents verified attributes instead of repeating the same diligence pack.

Credit underwriting

Income and employment proofs arrive as signed credentials, not PDFs.

Sanctions screening

Status is checked against a live credential, not a stale snapshot.

Correspondent banking

Institutions accept each other's KYC signatures under a shared trust list.

Wealth transfer

Source-of-funds and identity travel with the transaction across custodians.

Insurance claims

Policyholder identity and coverage are verified without a manual back-office chase.

Outcomes

## Measurable results in weeks, not quarters.

\-90%

KYC re-verification cost

hours

corporate onboarding

from weeks

100%

signed audit trail

0

shared API keys

for agents

Next

## Bring iDen2 to your financial services stack.

See a live workflow tailored to your systems, or explore the developer sandbox.

[Developer docs](https://docs.iden2.com/)[All applications →](https://www.iden2.com/use-cases)

## Sitemap

- [Sitemap](https://www.iden2.com/sitemap.md)
- [llms.txt](https://www.iden2.com/llms.txt)
- [HTML version](https://www.iden2.com/use-cases/financial-services)