Verimi explains European Business Wallet proposal COM(2025) 838 for businesses
The European Business Wallet ↗ · repeat of an earlier article
What happened
- Verimi published a blog article describing the European Business Wallet (EBW) and its intended use cases.
- The European Commission published its proposed regulation COM(2025) 838 on 19 November 2025.
- The article states public sector bodies have 24 months from entry into force to comply, with up to 36 months for certain functionalities.
Why it matters to Signicat
- Explainer on a business-facing wallet for KYB and onboarding overlaps with Signicat's wallet and risk-screening lines; relevance is a labeled assessment.
- Verimi's article promotes its Business-Ident product as an EU Wallet-ready route, which is vendor-stated.
Evidence from the source (5 quotes)
- “How Europe’s new digital operating system for businesses will transform cross-border trade” source ↗
- “On 19 November 2025, the Commission published its proposed regulation COM(2025) 838(2).” source ↗
- “They have 24 months from the entry into force of the Regulation to ensure compliance.” source ↗
- “KYB/KYC automation in the financial sector” source ↗
- “Identify legal entities, natural persons and authorised representatives in a single digital process.” source ↗
EUDI wallet eIDAS 2Reusable identity VCAML KYB screeningThought leadershipGlobal
3 of 3 facts verified against the source · confidence medium · claude-haiku-5-5