Digital Mobile ID: What Banks Criticize About the d-you Wallet

The German government’s digital wallet, d-you—developed in accordance with the EU’s eIDAS 2.0 Regulation—is intended to simplify the process of opening bank accounts and enable digital verification starting in January 2027, with its core functions available for use on smartphones at any time. Banks generally support the initiative but still see gaps in the draft legislation regarding liability and payment authorization…