Two and Signicat have partnered to tackle one of the biggest obstacles in B2B e-commerce: verifying in real time that a buyer is authorised to purchase on behalf of their company.
According to Finextra, the collaboration is designed to address what the firms describe as a persistent weakness in the British and wider European B2B commerce landscape. While consumer digital identity verification is well established through national schemes such as BankID and MitID, and corporate credit checks are routine, merchants still struggle to confirm whether an individual has the legal authority to commit their company to a transaction.
This gap often leads to manual reviews, delayed transactions, elevated fraud risk and abandoned sales.
Two provides a B2B payment and risk platform that enables merchants to offer deferred payment terms and manage credit exposure in online trade. Its infrastructure is designed to help sellers extend net terms to business buyers while maintaining control over underwriting and fraud prevention.
Signicat delivers digital identity solutions across Europe, supporting electronic identification, authentication and compliance. Its platform connects to national eID schemes and provides electronic identity document verification, biometric checks and access to official company registry data, helping organisations meet regulatory obligations and strengthen customer due diligence processes.
Through the partnership, Two’s platform will integrate with Signicat’s identity infrastructure to orchestrate multiple verification methods in a single workflow. The process combines personal identity proofing, ranging from national eID authentication to biometric document checks, with real-time lookups in official company registries. When a business buyer logs in and authenticates, the system simultaneously verifies their identity and confirms their legal authority to transact on behalf of the company.
The timing is significant. Global B2B e-commerce sales are projected to reach $36tn by 2026, as more trade shifts online. However, fraud and compliance friction continue to slow growth. According to Signicat’s 2025 research, 54% of European FinTechs reported rising fraud levels, with many cases exploiting the disconnect between personal and corporate identity verification.
For merchants, the new integration is expected to reduce reliance on manual credit applications and enable immediate payment terms for verified business buyers. For buyers, it promises a consumer-like checkout experience combined with access to business credit.
Two CEO and co-founder Andreas Mjelde said, “We call it the authority gap. A British distributor can instantly verify that a buyer is a real person named Maria García. They can check that García Industrial S.L. is a legitimate Spanish company. But can Maria commit García Industrial S.L. to net-60 terms on a five-figure order? Until now, answering that question meant days of back-and-forth with documents and phone calls. We’ve collapsed that to seconds.”
Signicat head of growth Sven Richard Samdal said, “The fraud isn’t sophisticated. Someone claims to represent a company, you can’t verify it quickly, so a commerce either rejects the sale or accepts the risk. We built an infrastructure that lets Two verify authority the same way Nordic banks verify identity at scale and meet its AMLR obligations while confidently expanding. This is the infrastructure that enables secure, cross-border commerce at scale.”
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