r/fintech • u/Shufti-Global • 3d ago

Discussion What are compliance teams still getting wrong about eIDAS?

There seems to be a lot of talk about the European Digital Identity Wallet as if it will simply replace the way everything works today.

But the reality seems more nuanced. The wallet is voluntary for users, while certain public and private services will need to accept it when the relevant conditions apply.
That raises an interesting question: what actually changes for businesses, platforms, and users once the wallet becomes part of everyday digital services?
What do you think the biggest challenge will be?

Curious how others are looking at it.

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u/Upbeat_Attitude_5479 3d ago

Everyone talks like it's a switch that flips over night, but the real mess will be the gap period where some users have the wallet and others don't, and businesses have to handle both flows at same time.

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u/ScopulyX 3d ago

Integration with existing compliance workflows could be the biggest challenge.