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Cyprus Joins eIDAS Network: Enhancing Secure Cross-Border Transactions Within The EU

In a significant move towards digital integration, Cyprus is gearing up for full connectivity with the European eIDAS network. This ambitious step is aimed at facilitating secure cross-border transactions across the European Union. As outlined by the Deputy Ministry of Research and Innovation, eIDAS champion’s mutual recognition and usage of national electronic identification (eID) schemes, enhancing access to public digital services in participating EU states.

Impressively, Cyprus has rolled out its national eIDAS node, a crucial piece now interconnected with those from 17 other EU countries, bolstering digital cooperation and accessibility. As the process continues, completion with all eligible member states is anticipated by May 2025.

Central to these advancements is IDMe.cy, Cyprus’s own digital identity, proudly endorsed by the European Commission with a ‘High Assurance’ security stature. Such approval enables Cypriot citizens easy access to digital services within partnered member states, reciprocally opening Cypriot services to EU citizens.

The integration of eIDAS into Cyprus’s digital framework marks an epoch of heightened security, speed, and convenience across online activities.

Genikes Insurance Wins Two Global Banking And Finance Awards

Genikes Insurance received two distinctions at the Global Banking and Finance Awards 2026, winning Best General Insurance Company in Cyprus and Best Insurance Website Cyprus. The awards reflect the company’s position within the Cypriot insurance market as well as its broader digital transformation strategy focused on expanding online services and improving customer experience.

Market Leadership And Digital Transformation

Genikes Insurance has invested in developing a more modern digital platform designed to simplify key insurance services, including policy issuance and online claims management. The company said the upgraded platform aims to improve efficiency and accessibility while strengthening its position within an increasingly competitive insurance sector.

Customer-Centric Approach

Commenting on the recognition, General Manager Christiana Agrotis said the company continues focusing on reliability, innovation and customer-focused services tailored to the needs of the Cypriot market. According to Agrotis, the recognition of the company’s digital platform also reflects the trust customers place in its services and broader insurance offering.

Technology-Driven Innovation

The updated website was designed to provide simpler navigation and improved access to insurance information and digital services. Company officials said the platform forms part of broader efforts to integrate technology more closely into customer service and operational processes. Genikes Insurance added that it remains focused on strengthening long-term customer relationships while continuing investments in digital capabilities and service development.

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