Fragomen and SICPA Form Joint Venture to Build Digital Identity Platform

Global immigration law firm Fragomen and Swiss security technology company SICPA have formed a joint venture to build digital identity solutions for governments, enterprises, and individuals, combining Fragomen’s workforce-mobility expertise with SICPA’s credentialing infrastructure.

The venture, announced in Lausanne, will deliver a standards-based platform bringing identity verification, verifiable credentials, document authentication, digital wallets, and credential lifecycle management into a single ecosystem. Verifiable credentials are tamper-evident digital versions of documents such as licenses or qualifications that a holder can present and a relying party can check cryptographically, and credential lifecycle management covers issuing, updating, and revoking them over time. The companies say the platform will let governments, organisations, and individuals verify, manage, and share trusted information across borders and digital environments, targeting uses from workforce mobility and travel to education and humanitarian programs. By enabling trusted credentials to be securely verified and shared among governments, organisations, and individuals, the companies say the platform can help tackle fraud, streamline compliance, and support trusted digital interactions at scale.

The partnership pairs two established players from adjacent fields. Fragomen is one of the largest global immigration law firms, with more than 6,000 professionals across over 70 offices, and has been building technology to reduce friction in global mobility and compliance. SICPA, founded in 1927 and best known for securing the majority of the world’s banknotes, supplies secure identification and authentication technology to governments and central banks. The new company will be headquartered at SICPA’s campus in Switzerland and operate globally.

The joint venture enters a field where governments and enterprises are increasingly seeking interoperable credentials that work across jurisdictions, an ambition visible as the EU and Canada aligned their digital identity wallet work and as vendors move to connect issued credentials to wallets, with OneSpan opening early access to a digital credentials service for wallets.

“The future of mobility, compliance and digital trust depends on making identity and document verification more secure, more portable and easier to use,” said Lance Kaplan, co-chair of Fragomen. Philippe Amon, chairman and chief executive of SICPA, said combining the two companies’ capabilities would enable identity solutions that are “secure, interoperable and practical at scale.”

Sources: Fragomen

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By Cass Kennedy