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Digital Identity

5 Ways Identity Verification can help Airlines to ensure seamless operation and digital transformation

Digitalization is not a new term anymore, and it’s surely never going to fade away as it has etched its space in every sector. The optimistic business transformation it brought compelled almost everyone to incorporate digitalization processes into their business operation. Every industry realized that to proceed with the ongoing business profit and to compete in the market, they must adapt to the latest digital technology.

What do you mean by Identity Verification? Why is Identity Verification an important process?

Ever since the digital transformation in banking, we have seen a giant shift towards digital onboarding in financial services. Technologies like liveness and identity verification solutions have started to be a prominent step in intelligent digital onboarding. ID verification software with the capability to onboard customers quickly and remotely have helped in this shift towards digital customer onboarding.

Aadhaar Verification Online: How do Paperless eKYC APIs work?

Verifying Aadhaar has become a crucial process for businesses and financial services alike. But we see a lot of customer churn due to failed verifications. The integration of Digital Aadhaar Verification can help stop revenue losses caused by these failed verification processes and the following customer drop-off.

Buy Now Pay Later (BNPL): Prevent fraud using AML and KYC checks

Buy now and pay later (BNPL) services are the latest trend in the market, which is catching up with consumers and retailers quickly. Unfortunately, even the perpetrators are increasing in this system which have a potential to cause harm to a raising solution in finance. This blogs discusses how BNPL fraud can be prevented using Digital Verification Solutions like Identity Verification, AML screening, Digital Onboarding and Document Verification.

What is Digital Onboarding? Why is it transformative for businesses?

Few things are more crucial for internet businesses than the Digital onboarding procedures for user online. You invest a lot of money into getting people to visit your website, and many companies dedicate entire departments to optimizing it so that visitors turn into customers. Nothing could be further from the truth: the onboarding phase is essential not only for your customer journey but also for fraud and risk reasons.

How is Document verification used to verify the authenticity of an Identity document?

Before the world transitioned to digital-first onboarding due to cellphones, high-speed internet, and a pandemic; Banks, financial institutions, and other organisations could verify identities by physically comparing a person’s face to a photo ID. Of course, one could hardly just accept the certification at face value—no pun intended.

Consolidated Identity Protection in a Unified Security Platform Is a Must-Have for the Modern SOC

As cyberattacks continue to grow relentlessly, enterprises have to continue improving their cyber defenses to stay one step ahead of the adversaries. One area that CISOs have recently started paying more attention is identity threat protection. This is not surprising considering 80% of modern attacks are identity-driven leveraging stolen credentials. In fact, identity threat detection and response is highlighted as one of the top trends in cybersecurity in 2022 by Gartner.

Identity Verification for Telehealth: A New Boon To The Medical Industry

Telehealthcare Sector is one of the best innovations that could have happened to the healthcare industry. The way it fulfilled the need of the ailing person and health care providers during the pandemic in 2019 is ineffable. For the first time, everywhere in the world, people realized the power of Teleconsultation for doctors and medicines. And it continues to grow and expand to meet the requirement of the users and suppliers.