Accelerated digital transformation experienced over the past few years has seen companies and consumers struggle with the successful authentication of real world identities online. This has negatively impacted businesses and consumers alike, with frustrated consumers opting out of the onboarding process thanks to poor user experience and delays caused by the need for secure online identification.

As the digital sphere continues to grow, the days of physical documents such as social security, passports, and driving licences are behind us. The rapid growth of ecommerce and online transactions requires a new approach to identity verification and identity management. How can we balance the rate of transformation, with the need for stringent security?

Join us in this session as we discuss:

- Why the concept of identity needs to change
- What are digital identities and how will they evolve? 
- How consumers can gain more control over their identity 
- The impact of increasing regulations on the use of personal information, and why companies must be aware of this 
- What benefits will digital identities bring to consumers and organizations? 
- Why AI-based solutions are well positioned for this fundamental change in the concept of identities 
- How Au10tix is using AI and its verification role in the eco system to adapt its products to work seamlessly in recognizing and authenticating digital IDs

The Future of Digital Identities and Identity Management

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.

Identity Verification in the Digital Consumer Era

The rapid growth of online transactions has left organizations vulnerable to a host of new challenges. This not only impacts companies trying to, safely and secretly, onboard new and existing clients into their digital ecosystems, but also the vendors offering identity management solutions.

While companies struggle to meet the needs of their customers in terms of providing a secure, frictionless onboarding experience, many ID management vendors oversell their solutions even though they are in fact unable to meet the developing requirements of their customers.

Join Au10tix in the final instalment of our series as we discuss: 

-  Solutions and products available that meet existing and evolving challenges
-  The key challenges that identity management can help solve
-  The rapid growth of ecommerce, and how to stay compliant 
-  Protecting the privacy and data of your customers
-  And much more!

How Au10tix is Meeting the Evolving Challenges of Identity Management

Identity Management

IT Security

Cyber Security

Cyber Attacks

Privacy

Data Protection

Data Privacy

Ecommerce

Compliance

Digital Transformation

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How Au10tix is Meeting the Evolving Challenges of Identity Management

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