Reusable business identity is moving from optional to mandatory across the UK and EU. Umazi is building its backbone.
Four regulatory shifts inside twenty-four months. Every business operating in the UK or EU will need verified business information that meets the standard. Co.ID is being built to it.
The UK Digital Identity and Attributes Trust Framework becomes statutory under the Data (Use and Access) Act. A certified register for digital verification services.
ECCTA requires verified identities for every director and PSC. Six to seven million existing records to re-verify. Co.ID is the SME-side answer.
EU Digital Identity Wallet mandatory across every member state. One wallet, every jurisdiction.
Banks and payment firms must accept wallet-based verification. Verified business information moves from optional to mandatory in every onboarding.
Cindy is a member of the CFIT Digital Verification Taskforce and a founding board member of Ayra. She founded Umazi to remove the repeated, opaque cost of business verification — turning it from an obstacle into an asset that compounds for every business that holds one.
The business of due diligence costs financial institutions £1 trillion a year. For the SME, that means waiting three to six months to open a bank account. Co.ID shortens that process. Trust should never be the barrier. It should be the bridge.
Contact us for our investor deck and we’ll be in touch to set up a conversation.