10 Tips for Successful Identity Verification with iDenfy

Cybercriminals violate individuals’ privacy to make identity-related frauds. In comparison to other forms of crime, cybercrime involves low risk and is lucrative. Consequently, cyber attackers engage in this fraud game to make money quickly. Luckily, you can prevent identity theft by investing in a powerful ID verification solution.

Gabija Stankevičiūtė
Digital Identity & Customer Relationship

Digital Identity & Customer Relationship

Gone are the days when customers were loyal to one brand. Since they have many options, they can switch to your competitor anytime if you don’t provide them with an exceptional user experience. Many businesses don’t realize this, but customers are concerned about their data security and the data protection counts for user experience. So, if you want to improve your customer relationship and ensure your customers feel confident throughout their buying journey, implement a robust identity verification solution.

5 Ways Fraudsters perform Identity Theft

The Latest Ways Fraudsters Commit Identity Theft You Should Know

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.

Understanding: Machine Readable Zone

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. MRZ or Machine Readable Zone is a particular area in an identity document (passport specifically) that encloses the document holder’s personal data. Nowadays, almost […]

What is Optical Character Recognition?

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.

Identity Checks: Fast and Secure Onboarding Process

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.

What is Digital Identity?

What is Digital Identity in 2024?

A lot of people don’t know that their digital identity could be vulnerable to identity theft. Cybercriminals might use your crucial information for various illegal acts. If you want to know what digital identity is, what can put it at risk, and how to protect it, this blog post will provide you with all the right answers. 

What is Cryptocurrency or Digital Currency?

What is Cryptocurrency? Key Facts & Security Tips

More and more people are investing in digital currencies, and some are also looking to launch their blockchain-based projects. But what about security? We go into more detail about identity verification in the crypto market.

Artificial Intelligence & Identity Theft

Artificial Intelligence (AI) and Identity Theft: What it is and Why it Matters

Identity theft is a rising issue, but like many things, it has a solution. This article will guide that artificial intelligence (AI) and machine learning are ideal ways to minimize identity theft risk.

How To Choose The Best Identity Verification Provider?

How Do You Select the Best Identity Verification Provider?

How do I select the best identity verification provider for my company? What can they offer for my business? Primarily, they provide a platform for businesses to onboard customers remotely. They can also help minimize fraudulent practices, a consequence of which is the mitigation of risks that crop up during online transaction processing.

Know Your Customer: The Process and How it works

Know Your Customer (KYC): How Does It Work?

Know Your Customer or KYC is a vital customer identification tool that companies and financial institutions use during the customer onboarding process. Since its inception, KYC has become a significant tool to fight financial crimes and cyberattacks. Countering the financing of terrorism (CFT) and anti-money laundering (AML) define and constantly update their guidelines to fight financial crimes.