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European Business Wallet – Your Key to the European Digital Economy

Automate onboarding, customer checks (KYC), and supply chain reviews with digital credentials from trusted sources. Achieve real-time trust and compliance using eIDAS 2.0-compliant digital identities. Stay compliant and meet Anti-Money Laundering (AML) regulations and due diligence requirements with verified data straight from the source.

Spherity EU Business Wallet dashboard

European Business Wallet Explained

Discover how the European Business Wallet simplifies business processes.

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Save Time and Money. Accelerate Operations.

Ensure secure onboarding of business partners and automatically keep your master data up to date.

Secure business partner onboarding

Streamline business partner onboarding and verify eligibility by requesting verifiable enterprise credentials.

Real-time data access

Reduce risk by obtaining up-to-date business credentials with automatic updates for accuracy and transparency.

ESG data retrieval

Prove that you and your suppliers are ESG compliant by providing verifiable ESG credentials.

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Drive Your Business Forward with Verifiable Credentials

Achieving compliance shouldn’t slow you down. Spherity’s European Business Wallet, EIDA, enables the seamless exchange of verifiable credentials across organizations. As part of the EBW framework and fully eIDAS 2.0-compliant, it streamlines operations, cuts costs, and boosts efficiency.

Now enhanced with automated business partner data validation, EIDA transforms how your business handles regulatory obligations in Germany and beyond. With enterprise-grade data automation and primary source-validated information from Bundesanzeiger Verlag, you can minimize risks, eliminate manual KYC/KYS processes, and ensure real-time due diligence. Whether you're operating in regulated industries or managing complex supply chains, our solution helps you meet obligations such as Anti-Money Laundering (AML) regulations seamlessly.

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BUNDESANZEIGER VERLAG & SPHERITY

Access Trusted Data Sources

Our trusted partnership with Bundesanzeiger Verlag gives you access to accurate, legally compliant data to reduce risks and improve the efficiency of key business processes like KYC and KYS.

Explore the possibilities of decentralized identity

Access comprehensive registers, including:​

  • Company identity & trade registry credential

  • LEI credentials for 100+ countries

  • Legal representatives and power of attorney

  • Shareholders, ownership and control structure

  • Compliance and sustainability documentation, and more!

Streamline Your Processes with Our
European Business Wallet

Whether in banking, insurance, or other industries, Spherity’s European Business Wallet, EIDA, simplifies identity verification, automates compliance processes, and ensures regulatory adherence—all within the EUDI ecosystem to enable secure and trusted business interactions.

Know Your Customer (KYC)

Transform KYC with automated data retrieval from trusted sources, minimize costs, and maximize compliance.

Know Your Supplier (KYS)

Speed up the onboarding process with direct access to verified company data from authentic sources, ensuring compliance and reducing manual checks for faster partner integration.

Environmental, Social, and Governance (ESG)

Establish trustworthiness for corporate data you share or receive in your partner ecosystem.

Share Verifiable Company Data

Speed up the onboarding process with direct access to verified company data.

Build Data Space Ecosystems

Leverage our solution to seamlessly enter trusted ecosystems, enabling the secure exchange of verified data across partners, while ensuring data integrity and compliance.

Digital Product Passport (DPP)

Assess the origin, authenticity, and life-cycle of your product throughout the supply chain, including sustainability assessments, with our comprehensive DPP solution.

Understand Issuers and Verifiers

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Verifier:

Instantly verify, automatically trust

Integrate smart verification into your workflows

EIDA replaces manual checks with instant, automated credential verification to minimize risk and maximize operational efficiency. Verify attested data with a click, eliminate costly delays, and strengthen compliance across your workflows.

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Issuer:

Build trust with every credential

Become an issuer of verifiable credentials

Empower your organization to issue secure, tamper-proof credentials fully aligned with European Business Wallets. EIDA enables cryptographically secure, interoperable, and eIDAS 2.0–compliant credential issuance - ready for seamless use by your customers and business partners.

eIDAS 2.0-compliant

We deliver an EUDI enterprise wallet that enables you to benefit from the eIDAS 2.0 ecosystem and beyond.

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Various Success Stories with Spherity’s Enterprise Wallet

Learn how our European Business Wallet, EIDA, is enhancing business operations.

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Finance

Dennis Hannemann

Head of Regulatory Strategy & Digital Identity, Bundesanzeiger Verlag

Our partnership with Spherity brings a practical approach to KYC compliance. Their credentialing solution integrates seamlessly with Bundesanzeiger Verlag's primary source data, offering banks a significant reduction of operational costs and a reliable way to meet regulatory requirements.

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Finance

Mikael af Hällström

Research and Development Specialist, Finnish Tax Administration

I would really like to applaud the development approach Spherity has introduced - tying every single attribute to an underlying vocabulary. This is the way!

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Finance

Alexander Aulibauer

Deutscher Sparkassen und Giroverband

Organizational digital identity is key for Digital Building Passports. It's essential for verifying physical features and energy efficiency, especially in transforming financing for the real estate sector.

European Business Wallet:
Frequently Asked Questions

Get quick answers to key questions about data, compliance, and EU regulations.

  • EIDA is Spherity’s European Business Wallet, a secure and eIDAS 2.0-compliant identity solution for enterprises. It enables businesses to share and receive verifiable credentials—such as company data, licenses, representative rights, and power of attorney attestations—across borders and ecosystems, supporting seamless and compliant digital interactions.

  • EIDA is prepared for the European Business Wallet legislation. The EU Business Wallet is an EUDI Wallet tailored to business needs and defined by the European Commission in a dedicated legislation. Spherity actively contributes to the second phase of the EU Digital Identity Large Scale Pilots (LSP) to always stay ahead of regulations and impact how European businesses interact in the future. EIDA supports digital identification, authentication, and authorization processes for businesses, allowing them to interact securely and efficiently with authorities and partners in line with the eIDAS 2.0 regulation.

  • Our European Business Wallet solution, EIDA, enables automation and compliance in:

    • KYC / KYB / KYS (Know Your Customer / Business / Supplier)

    • Due Diligence and onboarding

    • Cross-border company data verification

    • Representative rights verification (incl. Power of Attorney)

    • Access control in Dataspaces

    • Digital Product Passport (DPP) ecosystems

    • Automation: Reduces manual verification steps in processes like KYC/KYS.

    • Compliance: Fully aligned with AMLR, Due Diligence, and eIDAS 2.0.

    • Security: Ensures data integrity and traceability with verifiable credentials.

    • Speed: Accelerates onboarding and verification processes.

    • Trust: Enables reliable cross-border collaboration with authentic data.

  • Spherity's EIDA is based on verifiable credentials and decentralized identity standards, enabling:

    • Data minimization (only verified, required data is shared).

    • Dynamic authorization (delegation of rights and role-based access).

    • Interoperability across the EU via semantic modeling and trust frameworks.

  • Bundesanzeiger Verlag, Germany’s national register publisher, is Spherity’s trusted partner in delivering verified and legally compliant company data for Spherity's European Business Wallet users—making onboarding and verification reliable and audit-ready.

    1. Automated KYC/KYS/KYB & Due Diligence using digital attestations.

    2. Verification of representative rights (natural persons or agents acting on behalf of a company).

    3. Corporate banking and account opening - based on attestation handled by the European Business Wallet

    4. Authenticated access to data spaces using business credentials.

  • Yes, our European Business Wallet, EIDA, helps establish trust in Environment, Social, and Governance (ESG) data by enabling secure, verifiable sharing of product lifecycle and corporate sustainability information across value chains.

  • The European Business Wallet (EBW) plays a critical role in enabling trusted Digital Product Passports (DPPs) by providing a secure and standards-compliant way for companies to verify the identity of DPP issuers and manage access to restricted information.

    With our EBW solution, EIDA, businesses can issue and present product credentials in line with ESPR, eIDAS 2.0, and other regulatory frameworks—ensuring each DPP is authentic, verifiable, and interoperable. This trusted infrastructure allows manufacturers, recyclers, regulators, and supply chain partners to instantly access and validate product information, paving the way for a more transparent and circular economy. See our DPP solution here.

Take the Next Step

Ready for an enterprise wallet? Click below to explore our solutions and kickstart your journey to uncomplicated, automated compliance today.

IN PARTNERSHIP WITH

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