Advances in digital identity verification

Today, technology is enabling organisations to snap, onboard and go. To thrive in a digital-first world, success for regulated organisations includes achieving higher pass rates with quality customers, international identity verification capabilities, fraud and identity crime prevention at the eKYC phase, omnichannel integration, higher performance, reliability and security, and end to end digital onboarding automation.

Digital identity verification is not only making it easier to tap into more government and independent data sources and data intelligence to verify more consumers accurately, there are phenomenal advances in AI-powered biometric technology for organisations to satisfy their eKYC obligations while reducing abandonment rates by 50%.