Yerevan
Tbilisi
Moscow
Paris
Los Angeles
Beijing
English
Հայերեն Русский
Main Timeline Video Share
May the Holiday Warm Hearts: Idram and IDBank Support the Children of Heroes Beneficiaries of the "By Your Side" program at IDBank AraratBank Named Large CSR Company of the Year Idram Joins the Fight Against Food Insecurity Ucom’s Renovated Sales and Service Center in Yerevan Mall Reopens 1% idcoin instead of New Year’s suffering: practical tips Idram Junior Donated Books to Schools Big Christmas Market with Idram, IDBank and idplus Ucom Supports Wildlife Monitoring in Ararat Region IDBank, Idram, and idplus at the Big Christmas Market Converse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE Board Ucom and SunChild NGO Install a Solar Plant in Alaverdi Kindergarten
Timeline
IDBank warns of scam calls impersonating pension fundsA little corner of France in Hrazdan, with the partnership of Converse SME Idram is the general partner of the "Towards Conscious Parenting 2026" annual conference Polytechnic University Graduation Ceremony Held with the Support of Unibank Converse Bank Completes the Placement of EBRD Bonds From Financial Adventures to Great Victories: The 4th Junius Financial Online Tournament Wrapped UpThe Power of One Dram and the Armenian State Symphony Orchestra Conclude the Forest Project Launched in Shirak EBRD to Launch AMD 5 Billion Floating-Rate Bond Offering in Armenia Three-day Financial Literacy Course at the FAST Foundation’s AI Camp: Idram&IDBank Coffee, a Break, and Up to 10% idcoin with Idram&IDBank Ucom Introduces the New uMix 5000 Regional Package: 3 Services for Just AMD 5,000 per Month "Monaco glamour, Vegas energy, Macau prestige - yet uniquely Armenian." Artak Tovmasyan on how Seven Visions is redefining world-class hospitality Travel Without Borders: Ucom Introduces New uTravel Packages Artur Nakhshikyan has joined the Supervisory Board of Unibank "Your smartphone is locked": IDBank warns of cyberextortion that turns your smartphone into a "brick" “From Classroom to Orbit”: With Ucom’s Support, “Space 1.0” Is Being Introduced in 15 Schools Across Armenia AraratBank Reports Growth in its SME Loan Portfolio in 2025 Converse Bank and ADB expand access to MSME and sustainable finance in ArmeniaUnibank and "Vanq" Charity Fund Support Wheelchair Basketball Exhibition Game in Yerevan Armenia’s Largest QR Payment Systems to Collaborate: ArcaQR – IdramNet
All Timeline »
Society

Digital identity, digital authentication, and secure transactions: the imID office is officially opened

Digital identity and authentication, secure and efficient digital transactions in the modern technological world – both in the private and public sectors: imID sets a new benchmark for digital identity in Armenia.

On April 15, the official opening of the imID office – a trust service provider – took place along with the presentation of the project. The event was attended by representatives of the RA Government, state and international institutions, and partner organizations.

In the era of technological progress, digital transformation has become a top priority, and Armenia is no exception. With a national digitalization strategy, Armenia is also promoting personal data protection and enabling fast and reliable processes in the digital domain, supported by trust service providers.

With this vision and the goal of creating an effective digital identity tool, in 2024, 10 Armenian banks and 3 telecommunications companies joined forces to establish imID. IDBank is also a member of imID’s Founding Board.

According to Mher Abrahamyan, Chairman of the Management Board of IDBank, imID will allow Armenian citizens to access high-quality, secure, and affordable services in the modern digital world. "From a business perspective, imID also plays an important role: it will contribute to the fast and secure implementation of business relationships, reducing business costs and increasing efficiency," said Mher Abrahamyan.

Sergey Arakelyan, Director of Digital Banking at IDBank and member of the Board of Trustees of imID, noted that the trend of digitalization is global. “We expect Armenia to stay on track with the development of the digital economy, leveraging the technological opportunities that imID is planning to introduce in the near future,” said Sergey Arakelyan.

imID was founded in 2024 by 10 banks and 3 telecom companies in Armenia. It offers secure and reliable electronic identity solutions for individuals, businesses, and government entities. The company enables users to register electronically, log in via imID, confirm transactions, and sign any digital document online – all without the need for physical presence.

All transactions, whether for identity confirmation or document signing, are secured by robust encryption and operational protection mechanisms.

As a trust service provider, imID is shaping a new culture and standards for innovative and secure digital identity solutions.

imID’s mission is to equip people with a reliable and effective tool for digital identification, making their interaction with the digital world safer and smoother.

The company aims to become a reliable, innovative, and internationally compliant provider of digital authentication services – empowering every citizen and business to act confidently in the digital era.

IDBANK IS SUPERVISED BY THE CBA