signteq is targeting UK financial institutions with EU customers or entities, pitching a single platform for identity checks and compliance across two markets with separate rules. Its approach to UK and EU identity compliance brings verification, fraud prevention and signatures together rather than leaving them with separate vendors.
Key takeaways
- signteq is focused on UK firms with EU business.
- EU-wide KYC harmonisation under AMLR starts in July 2027.
- The platform combines compliance services through a single API.
In a press release published by Finextra, the company described its presentation at Open Banking Expo 2026, which took place on October 13–14, 2026, at the Business Design Centre in Islington, London. It positioned the platform as a way for UK institutions to meet European regulatory requirements through a unified integration.
UK and EU identity compliance follows separate rules
UK banks, fintechs and payment providers serving EU customers face two regulatory regimes, with identity requirements developing separately since Brexit. The company’s target market includes institutions operating EU entities as well as those serving customers there.
Two European requirements feature in that pitch. AMLR will harmonise KYC across the EU from July 2027, while eIDAS 2.0 will require regulated institutions to accept the EU Digital Identity Wallet.
For institutions working across both markets, signteq presents its platform as an alternative to adapting separate systems for each EU requirement.
Fragmented checks leave gaps in the customer journey
Separate systems for identity verification, compliance and monitoring create points where customers abandon a process, fraud slips through and audit evidence goes missing, the company argues. Open Banking and Open Finance can spread a single customer journey across multiple institutions and payment services.
Those gaps featured in an expo panel involving Lena Miglbauer, signteq’s Chief Revenue Officer, alongside Hannah Regan of Capital One, Helena Wood of City of London Police and Simon Stokes of PaymentGenes. Their discussion covered industrialised fraud, including deepfakes and SIM swaps, and prevention before a transaction takes place.
“We don’t necessarily need more tools. We need identity verification, fraud prevention and compliance to work together,” Miglbauer said.
One integration for verification, compliance and signatures
Combining identity verification, KYC and KYB, AML screening and monitoring, qualified electronic signatures and open banking, signteq delivers a unified platform. Institutions access those services through one API, one contract and one SLA, rather than managing several vendors separately.
For UK and EU identity compliance, the company’s proposed model combines that single integration with provider independence. An orchestration layer selects verification methods and providers according to risk, country, device or availability. If a provider fails, automatic fallback routing allows onboarding to continue.
The company says identity checks extend beyond onboarding to signatures, re-authentication and monitoring, with a shared audit trail across the customer lifecycle.
signteq holds certifications under eIDAS and ETSI TS 119 461 and supports acceptance of the EUDI Wallet. Its platform covers more than 30 European markets, with all data processed in the EU.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.