Get newsletter

Be the first to receive the latest news about Numbrs.


Numbrs introduces in-house developed video identification system. SWK Bank first partner bank

Numbrs the third provider to offer a video legitimisation system

As previously announced in one of our blog posts, our teams have been working on an in-house video identification and legitimisation system. The identification system will be an integral component of Numbrs and will allow our users to visit the Numbrs Store and fully apply for their product of choice within just a few minutes and while on the go.

Now, we are excited to announce that the Numbrs video identification and legitimisation system has been completed and officially approved by several German institutes and review panels. This makes Numbrs only the third provider in the financial services industry to offer a video legitimisation system.

The full stack principle, which is about developing our most important technologies ourselves to remain in complete control over them — was a determining factor when we decided to build our own video identification system nearly one year ago. Ever since, we have made significant investments in this innovation that also poses particular technical and legal challenges.

SWK Bank the first partner

Today, we are excited to announce our first big partner bank that will be taking advantage of the new Numbrs video identification system. The SWK Bank has decided to cooperate with Numbrs in respect to video identification and electronic signatures and will start using Numbrs’ in-house developed technology beginning in March 2018.

The video identification system developed by Numbrs makes it possible for Numbrs Store customers to apply for financial products using only their smartphones. The complete legitimisation and identification processes take place seamlessly on the smartphone. This makes the application process easier for customers and significantly accelerates borrowing. At the same time, the solution conforms to the highest security standards.

What is video legitimisation and how does it work?

As a result of the digitalisation of the financial industry and the increasing relocation of banking into the digital world, smartphone-based identification systems and mobile contract agreements continue to grow in importance. A crucial factor when it comes to the banking of tomorrow is the implementation of innovative solutions that allow for location- as well as time-independent banking.

As part of the video legitimisation process, the customer holds both sides of his or her identifying document in front of the camera of his mobile device of preference. Afterwards, the authenticity of the document is verified by tilting it in front of the camera in order to test its detectable security elements in real-time.

To confirm the customer’s identity, the correspondence of the face to the picture on the identifying document is determined by way of professional profiling conducted by specially trained employees. Additionally, the customer’s behaviour is analysed and evaluated throughout the legitimisation process by using cues from criminal psychology. In total, the complete procedure only takes a few minutes and is thus significantly faster than previous approaches.

We are excited to begin offering this unique experience to our customers starting in March. In the near future, we will introduce additional partner banks that will take advantage of our new video identification system.


Juli 2021

Juni 2021

Mai 2021

April 2021

März 2021

Februar 2021

Januar 2021

Dezember 2020

November 2020

Oktober 2020

September 2020

August 2020

Juli 2020

Juni 2020

Mai 2020

April 2020

März 2020

Februar 2020

Januar 2020

Dezember 2019

November 2019

Oktober 2019

September 2019

August 2019

Juli 2019

Juni 2019

Mai 2019

April 2019

März 2019

Februar 2019

Januar 2019

Dezember 2018

November 2018

Oktober 2018

September 2018

August 2018

Juli 2018

Juni 2018

Mai 2018

April 2018

März 2018

Februar 2018

Januar 2018

Dezember 2017

November 2017

Oktober 2017

September 2017

August 2017

Juli 2017

Juni 2017

Mai 2017

April 2017

März 2017

Februar 2017

Januar 2017