BANKID
BankID is the leading electronic identification in Sweden. It allows authentication without the need to share ID or proof of address with third parties. The BankID network includes Danske Bank, ICA Banken, Ikano Bank, Länsförsäkringar Bank, Nordea, SEB, Skandiabanken, Sparbanken Syd, Svenska Handelsbanken, Swedbank and Ålandsbanken. It was introduced in 2003 but in the last year a few bookmakers have started using it to verify their customers. It has been a common method to authorise online payments for a while, but now increasingly, it can be used to login to a bookmaker without the need to supply all your personal details.
BankID looks set to revolutionise the online gambling industry as players increasingly become aware of the many benefits including speed, safety and security. Some of the bigger gambling companies such as Betssongroup and Bethardgroup appear to be testing out the technology with their smaller brands but we expect it to become far more widespread in the next few months, especially when the new Swedish gambling regulations come into force.
BankID removed the requirement to fill in your personal details to open an account with a bookmakers. All you need to do is deposit then open your BankID and you will be able to start playing immediately.