List Of Top Identity Verification Platforms 2024

Convert more users, scale faster, and take on safety and security difficulties with the powerful, all-in-one identity confirmation, service confirmation, fraud prevention and compliance system. Leading Financial Services sought to maintain customer call information updated and liquid across their 3 portfolios (private tag credit cards, customer bank, and retail bank), electronic maintenance arm, and phone call centers.

A benchmark of a terrific identification verification business is having numerous assimilation factors like APIs, SDKs, no-code devices, and widgets that satisfy various kinds of software engineering and product development processes. and needs.

It also says that from March to November, the use of its identification services rose by 59.3%. Taking into consideration the amount of use the business has seen in 2020 alone, it seems Unico is playing a solid role in identity verification in Brazil.

But no single identification confirmation option can fight all kinds of scams, which is why a multi-layered, risk-based fraud protection strategy offers the best protection and is the future of identification administration authentication.

Financial solutions saw an increase of 42% in successful scams attempts and loaning firms reported a 38% rise.2 This is a crucial indicator that scams is coming to be increasingly hard to find and prevent in these sectors, as more sophisticated defrauders are making it through fraud detection checkpoints.

Using Prove Identity Verification services Manager and Identity Verify to passively confirm their customers got rid of the demand for knowledge-based verification inquiries and led to a streamlined total customer experience, from onboarding to call facility handling.

Adjustments developed to bring in more clients and increase earnings-- including settlement mechanisms, introducing online and mobile alternatives, broadening internationally-- will produce a lot more possibilities for fraudulence if online id confirmation is not enhanced.