Identity Verification: Why It Is Needed and How It Can Benefit the Business
How to balance security and convenience during customer onboarding
The COVID-19 pandemic has transformed the way customers engage with brands and led to increased digital interaction. But this has increased the incidence of fraud during the account creation process. As a result, businesses now face the challenge of verifying customer identity and verifying that those entities interacting with their brand are human and who they claim to be.