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Fintech

Signicat and TrustTech target reusable ID in European wallets

The partnership aims to help regulated organisations use private digital wallets for identity verification, compliance checks and signatures across Europe.

Rafael Ortiz

By Rafael Ortiz · Fintech Correspondent

· 2 min read

Signicat and TrustTech have formed a partnership to help regulated businesses build reusable digital identity processes through private wallet ecosystems, the companies said on 3 July 2026. The collaboration targets a growing operational burden for banks, public bodies, healthcare groups and pharmaceutical companies: repeated identity checks, password-based access and duplicated signing procedures across multiple systems.

The companies said the arrangement combines Signicat’s digital identity platform with TrustTech’s infrastructure for identity verification, reusable compliance checks and trusted signatures. The joint offering is designed to connect initial identity proofing through to final signature under eIDAS 2.0 standards, the European framework for electronic identification and trust services.

Under the model described by the companies, an individual’s verified identity and related trusted information can be established once and then reused across systems, organisations and borders. Private digital wallets can store and present those verified credentials, allowing an enterprise to reduce repeated checks when customers, employees or partners move between onboarding, access, partner screening and signing workflows.

Private wallets before public rollout

Signicat and TrustTech said the initial focus will be on financial services, government, healthcare and pharma. They said organisations in these sectors are deploying EU-ready and compliant private wallets for employees and customers rather than waiting for government-mandated wallet systems to mature.

That approach is intended to support faster onboarding, passwordless security and fewer repeat checks across internal systems, partner networks and supply-chain processes, according to the companies. In practice, a private wallet-driven flow can let a user prove identity or present trusted attributes without going through a fresh verification process for each service, subject to the rules set by the organisation using the system.

Thijs Vink, chief of enterprise for Central and Southern Europe at Signicat, said regulated organisations now handle identity across more points of interaction, including customer onboarding, employee access, partner checks and digital signing. He said private wallets provide a way to bring those processes together while the broader public wallet ecosystem develops.

Rens Pennings, chief commercial officer at TrustTech, said customers, employees and partners should not have to repeatedly prove their identity, while institutions face costs when they rebuild trust for each transaction or process. He said the partnership is intended to move enterprises from one-off verification toward reusable identity across private wallets, sector wallets and the wider European identity ecosystem.

The companies did not disclose financial terms, customer names or a deployment timetable in their announcement. The partnership sits within the broader shift in European digital identity from isolated credentials and passwords toward reusable, standards-based identity and trust services.

This story draws on original reporting from Finextra Research.

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