In highly regulated industries, identity verification is an indispensable part of the process. Many companies invest heavily in KYC and KYB processes – and still lose users at the crucial moment: during onboarding, registration or before signing a contract. Many of these identity processes fail not because of the technology, but because of user acceptance and operational friction.
Too much data, too much friction
The reason is simple: users are increasingly unwilling to disclose their full identity just to complete a single process – be it registration, signing a contract or accessing a platform.
This leads to two specific problems:
- Aborts in the process and falling conversion rates
- Increasing operational effort due to manual checks and support cases
The underestimated risk: data liability
At the same time, companies often collect significantly more data than necessary – and thus create an additional risk for themselves. Every stored identity means responsibility. ID data, dates of birth and biometric information are not only sensitive – they are also highly regulated in the context of the GDPR. In the event of a data leak, there is not only reputational damage, but also potentially significant financial consequences.
Attribute confirmation: The new standard of digital identity
Regulatory developments in Europe (including eIDAS) are clearly pointing in the right direction: away from collecting complete identity data and towards confirming individual attributes. This is precisely where modern technologies such as zero knowledge proofs come in. Instead of transferring complete data records, it is only confirmed that a certain condition is met, e.g:
- “Company is registered”
- “Person is authorized to sign”
- “Person is over 18”
Without disclosure of the underlying data.
sproof Ident: Minimum data, maximum business benefit
This is exactly the approach we take with sproof Ident: companies receive exactly the information they need – and no more bytes.
In concrete terms, this means
- No transfer of complete ID card data
- No storage of unnecessary personal information
- Instead: verified yes/no attributes or selective data points
sproof Ident acts as a trusted intermediary between the identity source and the service provider – using European eID systems.
Why this approach is crucial for your business
- Reduced liability risk
Less stored data means less attack surface – and lower regulatory risks. - Higher conversion and better user experience
Lean processes without “data disclosure” are completed faster and increase completion rates. - Operational relief
Automated, standardized verification reduces manual checks and support costs. - Future-proof compliance (eIDAS & GDPR)
You meet regulatory requirements without investing in data-intensive legacy models. - Scalability through integration
Numerous European identity providers can be connected via the sproof eID Hub – with support for selective data release.
Less data. More efficiency. Less risk.
Identity verification in B2B does not have to be a cost and risk factor. Those who rely on data minimization and attribute-based verification today not only reduce regulatory risks, but also improve conversion and process efficiency at the same time.
