How it Works
Financial Services
For financial institutions, UWI helps establish trusted identity, permissions and value exchange across products, channels and partners. Reusable credentials and consent-based data sharing can reduce repeat checks, strengthen transaction controls, and support new digital services.
Where the system breaks down today
Accelerating Compliance Costs
the average a financial institution spends annually on AML and KYC operations. Manual reviews remain the largest cost driver, and that number keeps climbing as regulations grow more complex.
Unverified Authority at Payment
of credit transfer fraud losses across Europe in 2024 were borne by customers deceived into authorizing payments, with banks absorbing the rest. As rules tighten, banks that do not have adequate fraud prevention will carry more of this cost.
The Cost of Getting Identity Wrong
lost annually by financial services firms due to identity verification failures. Systems routinely reject legitimate customers and miss fraudulent ones in equal measure.
1. Fenergo, 2025 KYC Trends Report, 2025 2. EBA & ECB, 2025 Report on Payment Fraud (EBA/REP/2025/40), December 2025. 3. PYMNTS Intelligence / Trulioo, "When Good Enough Isn't Enough", 2026.
How Does UWI Help
Verified Identity
Every transaction through a UWI-connected platform is backed by tamper-evident verifiable credentials authorized by the issuing institution.
The beneficiary's identity is confirmed before the payment is sent, reducing misdirected and fraudulent transfers at the source rather than remediating them after settlement.
Reusable Compliance
UWI converts each completed KYC or KYB outcome into a portable, verifiable credential held in the enterprise's own wallet.
The same credential can then be presented to a second or third partner, rather than repeating the underlying checks, cutting duplicated effort across the network.
Consent-Based Data Exchange
When a partner requests information to complete a check, institutions only have to share the minimum required information, not the full customer profile.
This limits the data an institution holds and exposes with every partner interaction, reducing the liability and compliance burden that comes with storing or transmitting more than required.
How UWI Builds Trust in Financial Services
Frequently Asked Questions
UWI is enterprise infrastructure for creating, managing and exchanging trusted credentials, tokens and value across organizations. It connects identity, permissions and transactions through trusted digital proof.
UWI is built on open standards and designed to support institutions in meeting regulatory requirements such as eIDAS 2.0, DORA, PSD3, MiCA, and the FATF Travel Rule. Rather than adding a separate compliance burden, UWI helps make verified identity, permissions, and audit trails part of how trusted interactions work.
UWI reduces the cost and friction of trust across the customer lifecycle. By replacing repeated manual checks with reusable credentials, institutions can onboard customers faster, strengthen controls before high-risk transactions, cut duplicated compliance work, and open new revenue through consent-based data exchange and wallet-native products.
After an institution completes an approved identity or document check, it can issue the result as a reusable credential.
Customers can present that proof again across supported products and channels, reducing repeated checks and manual data collection.
UWI can help confirm the identity, mandate and authority behind a payment or high-risk instruction before it is executed.
This gives institutions stronger controls before money moves, rather than relying only on investigation and recovery afterward.
UWI supports consent management, selective disclosure and privacy-preserving exchange.
Institutions can request only the information needed for a decision rather than collecting the customer’s full record.
Yes. UWI provides SDKs, APIs, enterprise connectors and configurable workflows that can be embedded into existing mobile, web and enterprise systems.
As AI agents begin to act on behalf of customers and institutions, UWI gives them a verifiable identity, confirming who an agent represents and what it is authorised to do before an action goes ahead. The same trust infrastructure that verifies people extends to agents, so institutions can adopt agentic AI with confidence and accountability.
Get in Touch with Us
If you have any further inquiries, please contact us using the form linked below. Someone from the UWI Support team will reach out to you. We also welcome any feedback or insights regarding UWI. If you prefer to reach out to us directly, please email us at UWI.support@accenture.com.
