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Identity Verification Blog
November 3, 2020
Top 3 Benefits of Flexible Identity Verification
Since identity theft cases are growing rapidly, every business needs to set up an advanced verification solution to ensure that only authentic people are using their platform. The verification is essential from your view’s user experience point. Read more.
October 26, 2020
Identity Verification in the Travel Industry
Due to technological advancements, the travel industry has seen numerous changes over the years. It has become easier for travel companies to sell their services and improve customer experience. However, technology has also increased the risk of different types of fraud in the industry. Data breaches, stolen security credentials are a few common threats to the industry. If used properly, the role of identity verification can prove useful to eliminate these risks to a great extent.
October 20, 2020
GDPR – Data Protection & Privacy in the EU
GDPR, or General Data Protection Regulation, is one of the most stringent security laws globally. It was implemented in 2018 to set guidelines for collecting and processing personal information from people living in the European Union. The GDPR applies to all the businesses operating in the EU and those delivering services to European customers.
October 12, 2020
Digital Identity and Customer Relationship [KYC Guide]
Explore the key ways companies collect, verify and use digital identities to onboard users and build secure customer relationships online.
October 5, 2020
Identity Verification in the Telecommunication Industry
Since telecommunications is closely linked to critical services like national security and healthcare, identity verification is especially important in the telecom industry. In this blog post, we’ll explore the importance of Know Your Customer (KYC) checks in terms of the telecom industry, exposing security vulnerabilities and compliance issues.
September 28, 2020
Top 5 Ways Fraudsters Commit Identity Theft in 2024 [Updated]
Every year, numerous businesses worldwide get hit with billions of dollars in losses due to identity fraud. They even don’t realize how they become the victim of identity theft. In this blog post, we’ll make you familiar with common ways fraudsters commit identity theft and solutions to prevent it.
September 21, 2020
The Role of Identity Verification in Retail and E-Commerce
Discover the crucial role of identity verification in the thriving retail & e-e-commerce industry. Learn how businesses can enhance security, build trust, and combat fraud with advanced verification solutions.
September 13, 2020
Understanding: Machine Readable Zone
Wondering what is a machine-readable zone (MRZ)? Do you want to know its role in identity verification? If the answer to these questions is “yes.” Read this blog until the end.
September 6, 2020
What is Optical Character Recognition (OCR)?
Optical Character Recognition is revolutionizing the businesses of almost all types. In every industry, it plays a crucial role in improving productivity, accuracy, customer experience, and data security. Wondering what exactly it is? Read this post.
August 31, 2020
Identity Verification in the Sharing Economy
The sharing economy has many benefits – from minimizing environmental effects to offering self-employment opportunities to developing business possibilities. However, this industry has some challenges, as well. In this blog post, we will discuss those challenges and discover how identity verification can help them. Tune in!
August 26, 2020
Identity Checks: How to Build a Fast and Secure Onboarding Process?
Identity checks are essential in modern times for any business. Not only do they help you determine if the information provided to you by your clients or customers is legit or it relates to a real person but also ensure that your prospective clients are not engaged in any fraud activities. Additionally, you avoid hefty fines for not complying with KYC and AML directives. If you want to know more about identity checks, here is the complete guide for you.
August 16, 2020
Understanding: Customer Due Diligence
CDD or Customer Due Diligence is an ideal way to determine whether or not a potential customer is worthy. It is a crucial element of managing your risk and protecting your business against financial crimes. If you want to know everything about Customer Due Diligence, read this post until the end.
August 10, 2020
A Guide to Identity Verification for Financial Services
Identity verification is more relevant than ever for financial services. Not only its ideal solution to keep the identity-related frauds at bay but also prevent the fines for non-compliance with KYC/AML. Read this post until the end if you want to know more about the financial services industry, its challenges, and how identity verification solutions can help businesses cope with those problems.