The company reported that by adding ID Austria to other remote identity verification methods like NFC technology, companies can ensure they meet the requirements of eIDAS, the upcoming Anti-Money Laundering Regulation (AMLR) and local Financial Markets Anti-Money Laundering Act (FM-GWG, Finanzmarkt-Geldwäschegesetz). Austria’s high-adoption digital ID is seen as the foundation for the country’s future EU Digital Identity Wallet. According to signicat, its platform can now connect over 35 national electronic IDs and processes over 500 million transactions a year, providing a single API to manage this complexity.