Identity Verification in the Digital Consumer Era

The increased growth in e-commerce driven by the pandemic has seen the rapid rise of digital customers. This has resulted in two key challenges for businesses: ensuring minimum online onboarding friction while accurately authenticating client identities to protect against fraud. E-commerce accounts for trillions of dollars in revenue for companies of all sizes, and as more businesses shift online, that number is expected to rise even higher. However, there’s been a matching rise in fraud and identity theft, costing consumers and customers billions of dollars every year. For companies looking to maximise their returns in this evolving space, an identity verification system that onboards new customers and clients in a frictionless and secure way is essential. In Identity Verification in the Digital Consumer Era, we’ll explore: ● How companies can resolve the pain points involved with identity management. ● Why differentiating between the accuracy and automation claims made by identity proofing vendors is vital. ● How companies can meet the new challenges from the massive shift to digital. ● The key trends we can expect over the coming year and beyond in the Identity Management sector.