IDnow to target regulated industries in the German market with a product that allows document signers to verify their identity and complete agreements using just their smartphone. The main selling point of the automated identity verification and electronic signatures product is that it enables customers to remain compliant with the country’s anti-money laundering law, known as Geldwäschegesetz, or GwG. The product is based on Germany’s electronic ID (eID) and designed for onboarding and agreement processes in sectors such as finance, insurance and public administration.