Financial services organizations should not have to choose between security and speed when onboarding customers. When organizations strike a balance between the two, they position themselves for growth and ensure their compliance teams can meet Know Your Customer (KYC) regulatory requirements. …

Marketplaces can enhance fraud prevention, reduce customer and seller friction, and expand globally with comprehensive and layered identity verification, according to a recent Marketplace Risk webinar featuring Marc Coderre, Trulioo director of customer success, and Wale Ayantoye, Etsy director of financial crime operations. The webinar, “How to Navigate the Evolving…

Document Verification As fraud, identity theft and changing regulatory requirements create new hurdles, companies are more often prioritizing identity document verification to ensure onboarding security and efficiency. Document verification, though, can present challenges in speed, global coverage and IT resources. Companies can overcome those challenges with a global identity platform…

Identity PlatformPayments Payment service providers face a complex global market of shifting regulations, emerging fraud threats and customers who expect speed and convenience. The constant challenge of balancing those competing priorities highlights the need for sophisticated, agile identity verification. …

At first glance, identity verification might seem simple. But the layers of regulations, advanced technology and complex social patterns can quickly become overwhelming. When compliance, risk and IT professionals have an opportunity to learn more about identity verification trends, tools and nuances, they can help their businesses grow. …

Social media influencers, online marketplace power sellers and other users across platforms expect secure, convenient experiences when they encounter identity verification requirements. The requirements aren’t there for all platforms, but even those that aren’t regulated can build their credibility with strong security practices, such as identity verification. …

Document VerificationIdentity Verification Businesses that apply layered digital identity verification that adjusts to specific use cases and markets can strike the right customer onboarding balance of speed and security. Identity verification isn’t one-size-fits-all. Regulatory requirements vary across industries and countries. …

March 2, 2023 Document VerificationIdentity Verification Organizations navigating the digital economy can establish trust in customers’ real-world identities and enhance security by layering identity proofing capabilities. The “Market Guide for Identity Proofing and Affirmation” by Gartner® shows how companies face the challenge of balancing digital assurance with user experiences that…

Identity document verification adds a layer of confidence that people are who they say they are during digital onboarding and transactions. During remote onboarding, consumers provide images of identity documents — such as driver’s licenses, passports or national ID cards — and a live selfie for identity proofing. …